Episode Details

A Johannesburg couple lost their bid to stop Standard Bank from foreclosing on their home after defaulting on a R2 million+ loan — the court ruled they had no valid defenses, despite claiming unfair treatment, lack of debt review, and procedural errors. The judge emphasized they signed the loan, received the funds, and failed to pursue debt review, while acknowledging the bank had offered payment plans that failed. Though the bank won, the court granted a five-month grace period to catch up — or risk losing their home and paying legal fees.

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