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Vehicle repossession
Can a Bank Repossess a Car Without a Court Order?
For a consumer vehicle-finance agreement governed by South Africa's National Credit Act, a bank generally cannot forcibly take the financed vehicle through self-help if the consumer does…
Vehicle repossession
Voluntary Surrender of a Financed Car Under Section 127
If you can no longer afford your car repayments, you may be considering handing your financed vehicle back to the bank. South Africa's National Credit Act 34…
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2 articles in Vehicle repossession
Vehicle repossession
Can a Bank Repossess a Car Without a Court Order?
For a consumer vehicle-finance agreement governed by South Africa's National Credit Act, a bank generally cannot forcibly take the financed vehicle through self-help if the consumer does not consent. If involuntary repossession is pursued, court…
Vehicle repossession
Voluntary Surrender of a Financed Car Under Section 127
If you can no longer afford your car repayments, you may be considering handing your financed vehicle back to the bank. South Africa's National Credit Act 34 of 2005 provides a legal process for voluntarily…

