Banks face class action over home repossessions скачать в хорошем качестве

Banks face class action over home repossessions

Stephen Grootes speaks to Gerhard van der Merwe, consumer law attorney at Trudie Broekmann Attorneys, about a landmark High Court case challenging banks’ long-standing use of sales in execution. Lawyer Douglas Shaw is seeking to certify a class action, alleging that homes in arrears were sold for amounts just sufficient to settle outstanding debt, potentially below market value. Major banks deny wrongdoing, saying repossessions are a legal last resort, and are opposing both the certification and Shaw’s conduct. The case could have significant implications for foreclosure law and consumer rights in South Africa. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.      Thank you for listening to a podcast from The Money Show     Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk    For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe    Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc    The Money Show is brought to you by Absa (https://www.absa.co.za/personal/?utm_...)       Follow us on social media     702 on Facebook:   / talkradio702    702 on TikTok:   / talkradio702    702 on Instagram:   /     702 on X: https://x.com/CapeTalk  702 on YouTube:    / @radio702       CapeTalk on Facebook:   / capetalk    CapeTalk on TikTok:   / capetalk    CapeTalk on Instagram:   /     CapeTalk on X: https://x.com/Radio702  CapeTalk on YouTube:    / @capetalk567    See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.