by Paul Esselaar | Jun 26, 2023 | Area of Expertise, Banking & Finance Law
Joan Muller of the Financial Mail interviewed Paul Esselaar on the emerging practice of banks increasing the mortgage interest rate when a new loan is entered into by a consumer in order to change the loan from being in a juristic person’s name to being into...
by Paul Esselaar | Jun 26, 2023 | Area of Expertise, Banking & Finance Law, Legal Articles
In November 2021 the Supreme Court of Appeal provided a judgment (Bayport Securitisation Limited and Another v University of Stellenbosch Law Clinic and Others (507/2020) [2021] ZASCA 156 (4 November 2021)) which – surprisingly – seems to have largely gone...
by Paul Esselaar | Jun 26, 2023 | Area of Expertise, Banking & Finance Law
In 2016 I wrote an article detailing how to calculate the minimum expense norms in terms of Regulation 23A(9) of the National Credit Act Regulations. In essence, the table creates a table of minimum ‘deemed’ expenses that a debtor has in order to combat the problem of...