SAFLII Note: Certain personal/private details of parties or witnesses have been redacted from this document in compliance with the law and SAFLII Policy	

IN THE NATIONAL CONSUMER TRIBUNAL 
HELD IN CENTURION

Case Number: NCT/ 293/2009/138 (1)(P)
DATE:02/02/2010

In the matter between:

ADRIAAN BISSCHOFF................................................................st Applicant/Consumer
ID:...
LILLIAN BISSCHOFF..................................................................nd Applicant/Consumer
ID: ...
and
ABSA BANK LIMITED......................................................st Respondent/Credit Provider
AFRICAN BANK LIMITED...............................................nd Respondent/Credit Provider
CONSUMER FRIEND (TRUWORTHS ACCOUNT).........rd Respondent/Credit Provider

CONSENT ORDER

The Tribunal, being satisfied that the Applicant and the Respondents are parties to a debt re-arrangement facilitated by a Debt Counsellor under section 86(7)(b) read together with section 138(1) of the National Credit Act, Act 34 of 2005 ;(the Act).

The Tribunal having read the papers filed of record and heard the Debt Counsellor;
The Tribunal hereby orders that;
1.	The draft consent order formulated as the order of the Tribunal attached hereto and marked Annexure "A" confirmed;
2.	The parties are warned that failure to comply with the order of the Tribunal constitutes an offence in terms of section 160(1) of the Act.

Dated and signed at Centurion this 2Day of February 

ADV F. MANAMELA 
PRESIDING MEMBER

IN THE NATIONAL CONSUMER TRIBUNAL
HELD AT CENTURION	

CASE NO.

In the matter between:
Adriaan Bisschoff...............................................................................st Applicant/Consumer
Identity number:
and
Lillian Bisschoff.................................................................................nd Applicant/Consumer
Identity number:

AND

Absa Bank Limited.................................................................st Respondent/Credit Provider
African Bank Limited.............................................................nd Respondent/Credit Provider
Consumer Friend...................................................................rd Respondent/Credit Provider
(Truworths Account)

DRAFT CONSENT ORDER IN TERMS OF SECTION 86(8) READ TOGETHER
	WITH SECTION 138 OF THE NATIONAL CREDIT ACT 34 OF 2005	

WHEREAS:

a.	consumer applied for debt review in terms of the National Credit Act 34 of 2005;

b.	The debt counsellor found that the consumer is experiencing difficulty satisfying all obligations under the credit agreements in a timely manner;

c.	The debt counsellor recommended a restructuring of the payment installments to all the credit providers, as per the agreement which is attached hereto marked: "Annexure B";

d.	All the respective credit providers and the consumer/applicant consented to this agreement, which consents are hereto attached marked "Annexure C"

NOW THEREFORE:

The Tribunal, being satisfied that the Applicant and Respondent are parties to a debt rearrangement facilitated by a debt counsellor under section 86(7) of the National Credit Act, hereby orders, by consent of the parties:
3.	That the payment structures of the agreement between the Applicant and the respondents as set out in Annexure "B", be made an order of the National Consumer Tribunal;
4.	Which agreement restructures the payment installment by extending the payment period as indicated in Annexure "B"

Creditor	Reference	Annual Interest	New Monthly Installment	Balance	Estimated Period in Months	
Absa Bank Ltd	69003384	14.60%	R1 000.00	R19 746.40	25 months	
African Bank Ltd	6137705003 6137705002	15.50% 15.50%	R424.56 R469.38	R15 230.47 R6 430.29	29 months 19months	
Consumer Friend	Truworths Acc
10100308208993	21.00%	R100.00	R1 577.86	23 months	

DATED at Centurion this the	day of	2009

REGISTRAR OF THE NATIONAL CONSUMER
 TRIBUNAL Applicant/Consumer
Debt Counsellor on behalf of the Consumer
 
Date at Sasolburgon this 26 of October2009
1stApplicant/Consumer	Applicant/Consumer
TO:
THE REGISTRAR OF THE TRIBUNAL CENTURION

3.	Consumer Friend

4000