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Kanti why don't financial, banking law expects tell us that we can cancel our bonds by activating sections in our banking regulations? Apparently white people are doing this outside of "loss of income cover" insurance products. Is it true? Zishaphi vele? 
Yes *experts*
This is what I have been told privately so far. Banks have an obligation to ensure a client can afford credit, hence they do credit checks etc. However, that duty does not end at beginning of a loan agreement. They must check constantly that you can afford, before you default.
Banks don't do this, instead they hound you with calls when you fail on your obligation to service the loan as a client. Now here's how white people apparently get their houses for free from banks.....
When *Piet* gets retrenched or loses income, he argues that the bank is at fault because they have failed on their obligation. They then argue that the bank's obligation precedes their obligation to service the loan. The bank then says.....
"Okay Piet, I will pay your instalments for 3 years, let's talk if you get a job before then". Piet continues to live in his house for 3 years without paying a cent. After 3 years, the bank is apparently obligated to settle the loan and transfer ownership to Piet....
All Piet has to do now is pay bond transfer costs and he lives happily ever after. Here's another twist.....
This was happening before lockdown. There is apparently a syndicate that meets in a private game reserve near Kruger to discuss and manufacture fake jobs, fake retrenchments, so that these people can approach banks.
I have too many questions. My head is spinning! I hope someone can unpack this more.
Check this out guys 
People can confirm to have benefitted from this process.
People can confirm to have benefitted from this process.
