What is insolvency
If you want to get the best advice and information on the process of sequestration and insolvency, you are at the right place. We have been the industry leading Insolvency Practitioners in South Africa since 1999, and we have helped thousands of clients.
Insolvency, Sequestration, Liquidation and Rehabilitation will help you write off up to 80% of your debt
If you have been previously sequestrated, we will give you the best advice on the process of sequestration rehabilitation
South Africans are falling into more debt due to the ever rising cost of basic living and the cost of credit. It is a statistical fact that more than half of our population is unemployed and in debt. Therefore scraping together whatever they can to survive.
Thank you for assisting us with our debt problems. Your reduced repayment plan saved us. Thumbs up!!
No more calls from creditors and spare money at the end of the month. I am glad I decided on Debt review
My car was about to be repossessed and you stop it. Thank you for your fast and friendly service
Baie dankie vir julle vinnige en professionele hulp. Ek kan nou weer asem haal terwyl ek weet my skuld word betaal.
I did not know where to turn to. Debt was swallowing us. Thank you for assisting us so fast
What is insolvency South Africa
The application known as voluntary surrender of estate is a legal process whereby the applicant seeks on order of the High Court to be declared insolvent. The test for insolvency is as follows. Your total value of your assets must be less than the total value of your debt
If you are declared insolvent your estate will vest in the hands of the Master of the High Court
Curators will be appointed to meet with your creditors and claims need to be proved. The liquidators will also administrate your insolvent estate
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