A comment on debt relief options for insolvent consumer debtors in South Africa.
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Date
2015
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Abstract
The paper will be focused on examining the debt relief options available for consumer debtors in South Africa. This paper will look at the relationship between the National Credit Act 34 of 2005 and the Insolvency Act 24 of 1936. Further, it will examine the relationship between the provisions of section 74 of the Magistrates’ Courts Act 32 of 1944. The paper will conclude by looking at debt relief options available for consumer debtors in the United States of America and in England and Wales and will make comparative comments and recommendations on how we can adopt some provisions into our own insolvency system.
Description
Master of Law in Business law. University of KwaZulu-Natal, Howard College 2015.
Keywords
Theses--Business law., South Africa--National Credit Act, 2005., Consumer credit--Law and legislation., Debtor and creditor--South Africa., Debt relief--South Africa., South Africa--Insolvency Act, 1936.