In essence, the main creditor needs to take a holistic view of the borrower’s position including other indebtedness and ensure that the entire debt is sufficiently restructured (a point explicitly made in the CCMA).
Inequality in boom and bust (ii) wealth And these income calculations do not take account of the capital losses incurred especially by those who had leveraged themselves near the top of the market to buy residential property and other assets (such as bank shares!) that subsequently slumped in price. There are areas of concentration.