Asked by the Customer on 22-12-2015 10:31:57
Question posted in the National Credit Act Law category relating to KwaZulu-Natal
Question posted in the National Credit Act Law category relating to KwaZulu-Natal
In February 2011 I entered into a credit agreement with Motor Finance Corporation to purchase a new motor vehicle.
In january 2013 I rsigned from my job and defaulted on my instalments, in that I did not pay the instalments as regularly as required.
I have for the most part been paying, but I have now been told that a default attachment order has been made against me.
In the mean time I have secured employment, and I can now afford to pay the instalments.
Is it possible to get the order rescinded, on the basis that it was erroneously sought and erroneously granted, and that I shall be extremely prejudiced if the order is not rescinded, and the Bank will not be prejudiced in entering into an arrangement with me.
In january 2013 I rsigned from my job and defaulted on my instalments, in that I did not pay the instalments as regularly as required.
I have for the most part been paying, but I have now been told that a default attachment order has been made against me.
In the mean time I have secured employment, and I can now afford to pay the instalments.
Is it possible to get the order rescinded, on the basis that it was erroneously sought and erroneously granted, and that I shall be extremely prejudiced if the order is not rescinded, and the Bank will not be prejudiced in entering into an arrangement with me.
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