Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
Developing a procedural framework for advanced debtor protection : the case of emolument attachment orders
Van der Merwe, S. 2022. Developing a procedural framework for advanced debtor protection : the case of emolument attachment orders. Unpublished doctoral dissertation. Stellenbosch: Stellenbosch University [online]. Available: https://scholar.sun.ac.za/items/39ad8581-1ba5-4c45-8577-3dd8bd737415
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Thesis |
| Language: | en_ZA |
| Published: |
Stellenbosch : Stellenbosch University
2022
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613823347720192 |
|---|---|
| access_status_str | Open Access |
| author | Van der Merwe, Stephan |
| author2 | Broodryk, Theo |
| author_browse | Broodryk, Theo Van der Merwe, Stephan |
| author_facet | Broodryk, Theo Van der Merwe, Stephan |
| author_sort | Van der Merwe, Stephan |
| collection | Thesis |
| dc_rights_str_mv | Stellenbosch University |
| description | Van der Merwe, S. 2022. Developing a procedural framework for advanced debtor protection : the case of emolument attachment orders. Unpublished doctoral dissertation. Stellenbosch: Stellenbosch University [online]. Available: https://scholar.sun.ac.za/items/39ad8581-1ba5-4c45-8577-3dd8bd737415 |
| format | Thesis |
| id | oai:scholar.sun.ac.za:10019.1/124408 |
| institution | Stellenbosch University (South Africa) |
| language | en_ZA |
| last_indexed | 2026-06-10T12:42:15.919Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | Stellenbosch : Stellenbosch University |
| publisherStr | Stellenbosch : Stellenbosch University |
| record_format | dspace |
| source_str | SUNScholar — Stellenbosch University Repository |
| spelling | oai:scholar.sun.ac.za:10019.1/124408 Developing a procedural framework for advanced debtor protection : the case of emolument attachment orders Van der Merwe, Stephan Broodryk, Theo Stellenbosch University. Faculty of Law. Dept. of Private Law. Collection laws -- South Africa Credit -- Management Debtor and creditor -- South Africa Consumer protection -- Law and legislation -- South Africa Collection agencies -- Law and legislation UCTD Van der Merwe, S. 2022. Developing a procedural framework for advanced debtor protection : the case of emolument attachment orders. Unpublished doctoral dissertation. Stellenbosch: Stellenbosch University [online]. Available: https://scholar.sun.ac.za/items/39ad8581-1ba5-4c45-8577-3dd8bd737415 Thesis (LLD)--Stellenbosch University, 2022. ENGLISH ABSTRACT: This dissertation is concerned with the rights of debtors resulting from the enforcement of civil judgments through wage garnishment. In South Africa, wage garnishment is achieved through the emolument attachment order (“EAO”) mechanism. The South African credit and debt collection industry is thriving. Creditors, collection agents and legal representatives enrich themselves through the financialisation of small debts. It is not only the poor and marginalised segment of South African society that suffer the adverse consequences of bad debt. As long as the debtor has a stable source of income, however small, the creditor can confidently engage in largely unregulated and indefinite collections of the debt by garnishing the debtor’s wages through EAOs. In the process, debtors are charged excessive interest and collection costs to compensate creditors for the supposed risks associated with unsecured lending, while the reality is that they are reaping most of the benefits of securitised lending. The situation is exacerbated by the fragile and convoluted legislative framework that regulates EAOs. This framework fails to provide sufficient debtor protection. As a result, debtors are exploited by a system that lacks effective measures to prevent, monitor, identify and then correct irregularities in the collection of debt through EAOs. This abuse of the EAO mechanism results in scores of debtors being caught in debt traps from which they are unable to escape. It fuels the negative cycle of indebtedness and it is detrimental to the South African economy and society at large. The contemporary South African EAO mechanism has not yet been subjected to a comprehensive and critical analysis in order to present motivated recommendations for increased debtor protection. The dissertation will consider the historical context that directed the development of the South African EAO mechanism and the composition of the current South African framework that regulates EAOs. The study will demonstrate why the framework, despite recent judicial and legislative developments, fails to provide adequate debtor protection and identify the respects in which the framework is deficient. Finally, having regard to the approaches of two prominent foreign jurisdictions, England and the Unites States of America, recommendations and proposals will be made to develop a procedural framework for advanced debtor protection in the case of EAOs. AFRIKAANSE OPSOMMING: Hierdie proefskrif handel oor die regte van debiteure wat voortspruit uit dieafdwinging van siviele vonnisse deur loonbeslaglegging. In Suid-Afrika wordloonbeslaglegging bewerkstellig deur middel van diebesoldigingsbeslagleggingsbevel (“BBB”) meganisme.Die Suid-Afrikaanse krediet- en skuldinvorderingsbedryf floreer. Skuldeisers,invorderingsagente en regsverteenwoordigers verryk hulself deur die finansialisasievan klein bedrae skuld. Dit is nie net die arm en gemarginaliseerde deel van dieSuid-Afrikaanse samelewing wat onder die nadelige gevolge van slegte skuld ly nie.Solank die skuldenaar oor ‘n stabiele bron van inkomste beskik, hoe gering ook al,kan die skuldeiser met vertroue voortgaan met die grootliks ongereguleerde enonbepaalde invordering van die skuld deur middel van BBB’s. In die proses wordbuitensporige rente en invorderingskoste van debiteure gehef om skuldeisers tevergoed vir die veronderstelde risiko’s verbonde aan onversekerde lenings, terwyldie realiteit is dat BBB skuldeisers meeste van die voordele van gesekuritiseerdelenings geniet. Die situasie word vererger deur die brose en ingewikkeldewetgewende raamwerk wat BBB’s reguleer. Hierdie raamwerk bied nie voldoendeskuldenaarsbeskerming nie. As gevolg hiervan word skuldenaars uitgebuit deur ‘nstelsel wat nie effektiewe maatreëls bevat om onreëlmatighede in die invorderingvan skuld deur middel van BBB’s te voorkom, te monitor, te identifiseer en dan reg testel nie. Hierdie misbruik van die BBB-meganisme lei daartoe dat talle skuldenaarsvasgevang word in skuldstrikke waaruit hulle nie kan ontsnap nie. Dit stimuleer dienegatiewe siklus van skuld en is nadelig vir die Suid-Afrikaanse ekonomie en diesamelewing in die algemeen.Die hedendaagse Suid-Afrikaanse BBB-meganisme is nog nie aan ‘n omvattendeen kritiese analise onderwerp om gemotiveerde aanbevelings vir verhoogdeskuldenaarbeskerming voor te lê nie. Die proefskrif sal die historiese konteks wat dieontwikkeling van die Suid-Afrikaanse BBB-meganisme gerig het, en die samestellingvan die huidige Suid-Afrikaanse raamwerk wat BBB’s reguleer, bespreek. Die studiesal aantoon waarom die raamwerk, ondanks onlangse geregtelike en wetgewendeontwikkelinge, nie voldoende skuldenaarsbeskerming bied nie en die aspekte waarindie raamwerk gebrekkig is, identifiseer. Ten slotte, met inagneming van diebenaderings van twee prominente buitelandse jurisdiksies, Engeland en die Verenigde State van Amerika, sal aanbevelings en voorstelle gemaak word om ‘n prosedurele raamwerk vir verbeterde skuldenaarbeskerming in die geval van BBB’s te ontwikkel. Doctoral 2022-04-04T11:46:34Z 2022-04-04T11:46:34Z 2022-12 Thesis http://hdl.handle.net/10019.1/124408 en_ZA Stellenbosch University viii, 339 pages : illustrations, includes annexure application/pdf Stellenbosch : Stellenbosch University |
| spellingShingle | Collection laws -- South Africa Credit -- Management Debtor and creditor -- South Africa Consumer protection -- Law and legislation -- South Africa Collection agencies -- Law and legislation UCTD Van der Merwe, Stephan Developing a procedural framework for advanced debtor protection : the case of emolument attachment orders |
| title | Developing a procedural framework for advanced debtor protection : the case of emolument attachment orders |
| title_full | Developing a procedural framework for advanced debtor protection : the case of emolument attachment orders |
| title_fullStr | Developing a procedural framework for advanced debtor protection : the case of emolument attachment orders |
| title_full_unstemmed | Developing a procedural framework for advanced debtor protection : the case of emolument attachment orders |
| title_short | Developing a procedural framework for advanced debtor protection : the case of emolument attachment orders |
| title_sort | developing a procedural framework for advanced debtor protection the case of emolument attachment orders |
| topic | Collection laws -- South Africa Credit -- Management Debtor and creditor -- South Africa Consumer protection -- Law and legislation -- South Africa Collection agencies -- Law and legislation UCTD |
| url | http://hdl.handle.net/10019.1/124408 |
| work_keys_str_mv | AT vandermerwestephan developingaproceduralframeworkforadvanceddebtorprotectionthecaseofemolumentattachmentorders |