The Debt Crisis in South Africa: A Recipe for Disaster South Africa stands at a financial crossroad, with startling statistics that illuminate the gravity of the situation. 9.82 million credit-active South Africans are currently struggling to meet their financial obligations and have impaired credit records. Equally alarming, only 17% of the population consider themselves financially stable. These figures, supported by research from the National Credit… Read More »FIND SOLUTIONS TO THE DEBT CRISIS IN SA 2025

Can Debt Counselling Get Me Out of Debt Now? Debt counselling is a trusted method for addressing debt, but it’s not the only option. Alternatives such as negotiating directly with creditors or pursuing insolvency offer different paths to financial recovery. In this blog, we examine debt counselling, its pitfalls, and other avenues—including their risks and benefits—to empower you to make the best decision for your… Read More »CAN DEBT COUNSELLING HELP ME GET OUT OF DEBT NOW?

Will This Cut Truly Ease Financial Strain? South African homeowners and prospective buyers are facing changes in their monthly bond repayments due to the South African Reserve Bank’s (SARB) decision to cut interest rates by 25 basis points. This move, intended to stimulate economic activity, will slightly reduce mortgage costs, making homeownership more accessible. But does this cut provide real relief amid rising costs? What… Read More »Interest Rate Cut (SA2025) | Bond Payment | Is it ENOUGH?

A Guide for Struggling Companies Financial difficulties can be overwhelming for businesses. However, before closing the doors or filing for liquidation, there’s a lifeline worth exploring—business rescue plans. Business Rescue aims to provide companies that experience financial distress with the opportunity to reorganise, restructure, and return to profitability with the help and guidance of a professional business rescue practitioner. What Is a Business Rescue Plan?… Read More »The ultimate guide to understanding the Business Rescue Process

How to get out of debt in SA must be the most searched question on the web. Why? Because a large number of consumers are struggling financially. How many people do you know that is struggling financially? Overindebtedness in South Africa is a serious issue, but there are ways to regain control of one’s finances. It is important to assess your financial situation, prioritise your… Read More »HOW TO GET OUT OF DEBT IN SA?

When making the statement, ‘I need help | my business is drowning in debt’ it’s a really serious situation that needs to be addressed immediately. You really can’t afford to make mistakes, because even a small one can complicate things before the financial situation starts to improve. What kind of debt relief solutions are available for businesses struggling financially? It’s important to remember that just… Read More »I NEED HELP | MY BUSINESS IS DROWNING IN DEBT!

Are you struggling to service your monthly obligations? Bringing in a debt expert can help you find relief and get back on track again. Rather than trying to figure it all out on your own, hiring a debt expert can help. But what’s the cost of hiring a debt expert? Typically, when you are in need of any expert, those costs are quite substantial. We,… Read More »WHAT’S THE COST OF A DEBT EXPERT? | I NEED HELP!

Transform Janu-worry into January: As the festive season approaches, families and businesses find themselves facing increased financial pressure. It’s essential for both businesses and families to master the art of navigating January. Transforming it into a positive and productive January each year instead of the stress that normally tends to accompany January every year after the festive season passed. Spending during the festive season: During… Read More »LEARN ABOUT NAVIGATING JANUARY | HOW TO NAVIGATE FINANCES

Sekwestrasie, ook bekend as insolvensie en bankrotskap is ‘n hooggeregs hof aansoek waar jy jouself insolvent verklaar.  Die sekwestrasie aansoek kan op verskillende manière gebring word waarvan een manier vrywilllige sekwestrasie is. Hoe sal ek weet of ek kwalifiseer om aansoek te doen om bankrotskap? Wanneer jou laste meer as jou bates is, kwalifiseer jy vir sekwestrasie.  In terme van die Insolvensie Wet, Wet 24… Read More »WAT IS SEKWESTRASIE IN SUID AFRIKA

Insolvency Meaning: The meaning of Insolvency is to be declared bankrupt. Insolvency meaning is going by several different names by the public. One of which is bankruptcy, Insolvency, sequestration, and in Afrikaans, insolvensie, bankrotskap en selfs likwidasie. Insolvency Meaning is die betekenis van Insolvensie in Afrikaans. What is the legal term for Insolvency? Insolvency meanings in legal terms are known as sequestration, voluntary surrender of… Read More »INSOLVENCY MEANING | EXPERT ADVICE NOW…