Engelsman Magabane Incorporated

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Debt Management

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Banking and Finance Law, Debt Management, Insolvency, Legal Updates

Standard Bank Loses Home Loan Case: A Reminder on Bonds and Prescription for Engelsman Magabane Incorporated

Engelsman Magabane Incorporated brings to your attention a recent case heard by the Pretoria High Court which offers valuable insights for both lenders and borrowers. The case involved Standard Bank suing two sureties, Aubrey Schneider and Stephen Zagey, for an outstanding home loan balance.

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