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Bank forced to wipe R300,000 car debt after botched repossession

A motorist left owing about R300,000 after a bank repossessed and sold his vehicle has had the entire shortfall written off after the bank could not prove he voluntarily surrendered the car or that it had a court order.

Bank forced to wipe R300,000 car debt after botched repossession

We haven't written up this one. IOL has the full story — the link below goes straight to it.

Read the original at iol.co.za →

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