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Sequestration South Africa

Sequestration South Africa

Sequestration A sequestration application is the legal mechanism, in South Africa, if you want to declare bankruptcy as an individual. History of Sequestration in South Africa Sequestration is almost as old as mankind itself. In difficult times the Jews had a law in...

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Sequestration Process

Sequestration Process

Sequestration Process The sequestration process is laid out in the Insolvency Act and has very clear guidelines about formalities that needs to be adhered to before you can bring a sequestration application. All of the formalities are however handled by your Attorney....

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Voluntary Liquidation Process

Voluntary Liquidation Process

VOLUNTARY LIQUIDATION PROCESS The voluntary liquidation process refers to a process where either the members of a company of the creditors of a company liquidate the company by consent. The objective of the creditors and the debtor in this instance is exactly the...

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Sequestration Attorneys

Sequestration Attorneys

SEQUESTRATION ATTORNEYS When you owe money and the realization that you are unable to pay your debt settles in, you would normally go through the following phases: You try to raise additional finance. You consider ways and means to increase your income. You cut all...

read more
Liquidation South Africa

Liquidation South Africa

LIQUIDATION SOUTH AFRICA The New Companies Act of 2008 brings liquidations in South Africa more in line with countries like America, Canada and England.  Because the New Companies Act places a heavy burden on company Directors to ensure that their companies does not...

read more
Liquidation South Africa

Liquidation Process

LIQUIDATION PROCESS The liquidation process can be broken down into three separate processes. PRIOR TO THE LIQUIDATION PROCESS In the first instance, you must determine whether liquidation is indeed the correct option.  To determine this, you should consider a lot of...

read more
Sequestration South Africa

Sequestration South Africa

Sequestration A sequestration application is the legal mechanism, in South Africa, if you want to declare bankruptcy as an individual. History of Sequestration in South Africa Sequestration is almost as old as mankind itself. In difficult times the Jews had a law in...

read more
Sequestration Process

Sequestration Process

Sequestration Process The sequestration process is laid out in the Insolvency Act and has very clear guidelines about formalities that needs to be adhered to before you can bring a sequestration application. All of the formalities are however handled by your Attorney....

read more
Voluntary Liquidation Process

Voluntary Liquidation Process

VOLUNTARY LIQUIDATION PROCESS The voluntary liquidation process refers to a process where either the members of a company of the creditors of a company liquidate the company by consent. The objective of the creditors and the debtor in this instance is exactly the...

read more
Sequestration Attorneys

Sequestration Attorneys

SEQUESTRATION ATTORNEYS When you owe money and the realization that you are unable to pay your debt settles in, you would normally go through the following phases: You try to raise additional finance. You consider ways and means to increase your income. You cut all...

read more
Liquidation South Africa

Liquidation South Africa

LIQUIDATION SOUTH AFRICA The New Companies Act of 2008 brings liquidations in South Africa more in line with countries like America, Canada and England.  Because the New Companies Act places a heavy burden on company Directors to ensure that their companies does not...

read more
Liquidation Process

Liquidation Process

LIQUIDATION PROCESS The liquidation process can be broken down into three separate processes. PRIOR TO THE LIQUIDATION PROCESS In the first instance, you must determine whether liquidation is indeed the correct option.  To determine this, you should consider a lot of...

read more