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The attached document, a sale and cession of Book debt, sold by Standard Bank to another, is prima facie proof that , in this case, Standard Bank has been paid for alleged debts they are suing people for. 1. It is fraudulent, in that they have already been paid. Onus of burden of proof that their targeted victims are indebted to them, IF they have not already been paid. See Absa Vs Moore. The Constitutional Court ruled that any debt is extinguished (Paid in full) , if any third party has been paid for that alleged debt. This can be paid by ANY third party, with or WITHOUT the knowledge of the alleged debtor. 2. The alleged debtor has no agreement in the sale of his alleged debt, and is not party to it. This potentially poses a problem to Standard Bank and the purchaser of the alleged debt. Quantum of alleged is an integral part to any agreement. Burden of proof of any such claimed quantum must also be proven, and made available to the alleged debtor being sued. 3. Locus Standi: Much rests on the entity instituting action against any alleged debtor, to prove the right to appear in any court as Applicant against any Respondent. If Standard Bank has indeed had any debt of the Respondent extinguished by the sale of its alleged book debts, then Standard bank is fraudulently and intentionally defrauding the alleged debtor. 4. If the purchaser of the Book debts wishes to sue for claimed indebtedness, it has the burden of proof to show locus standi in the first place, but also exact quantum of the claimed amount, and also produce the method and calculations as to how that amount was arrived at, and be subject to audit thereof by the Respondent. 5. The fact that it seems that , after the sale of book debts, Standard bank continues to manage the accounts of the alleged debtor, is problematic in itself. After sale of the alleged debts, ” ownership”, whether legally enforceable or not, has passed between the parties. In terms of that, the buyer of the book debts is then responsible for the account management, and responsible to prove all quantums, whether enforceable of not, if any such quantums are claimed.-PDF FILE

Home Forums NATS FREE PDF LIBRARY -A Library of Free downloadable PDF files on an array of Topics Banking The attached document, a sale and cession of Book debt, sold by Standard Bank to another, is prima facie proof that , in this case, Standard Bank has been paid for alleged debts they are suing people for. 1. It is fraudulent, in that they have already been paid. Onus of burden of proof that their targeted victims are indebted to them, IF they have not already been paid. See Absa Vs Moore. The Constitutional Court ruled that any debt is extinguished (Paid in full) , if any third party has been paid for that alleged debt. This can be paid by ANY third party, with or WITHOUT the knowledge of the alleged debtor. 2. The alleged debtor has no agreement in the sale of his alleged debt, and is not party to it. This potentially poses a problem to Standard Bank and the purchaser of the alleged debt. Quantum of alleged is an integral part to any agreement. Burden of proof of any such claimed quantum must also be proven, and made available to the alleged debtor being sued. 3. Locus Standi: Much rests on the entity instituting action against any alleged debtor, to prove the right to appear in any court as Applicant against any Respondent. If Standard Bank has indeed had any debt of the Respondent extinguished by the sale of its alleged book debts, then Standard bank is fraudulently and intentionally defrauding the alleged debtor. 4. If the purchaser of the Book debts wishes to sue for claimed indebtedness, it has the burden of proof to show locus standi in the first place, but also exact quantum of the claimed amount, and also produce the method and calculations as to how that amount was arrived at, and be subject to audit thereof by the Respondent. 5. The fact that it seems that , after the sale of book debts, Standard bank continues to manage the accounts of the alleged debtor, is problematic in itself. After sale of the alleged debts, ” ownership”, whether legally enforceable or not, has passed between the parties. In terms of that, the buyer of the book debts is then responsible for the account management, and responsible to prove all quantums, whether enforceable of not, if any such quantums are claimed.-PDF FILE

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