1 min read
Bank forced to wipe R300,000 car debt after botched repossession
A motorist has had almost R300,000 in vehicle debt written off after the bank repossessed and sold his car without producing evidence of a voluntary surrender or judicial authorisation.
South Africa
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.
About this article
- Length
- 39 words · 1 min read
- Published
- October 6, 2026
- Source
- IOL