Case Overview
Client :
Shermadine Dennison
Location :
Belize City
Year :
2025
Bathsheba Limited vs Shermadine Dennison – Moneylenders Act Non-Compliance
A Magistrate Court ruling testing the enforceability of a short-term loan under the Money Lenders Act and Regulations (Regs.10–13). The Court finds the promissory note deficient on s.13(3) requirements, deems alleged ‘permitted’ fees and a $2,000 recovery charge unconscionable, and dismisses the plaintiff’s claim.
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