IS YOUR BUSINESS ON THE EDGE OF COLLAPSE? FIND A WAY OUT – LEARN HOW VOLUNTARY LIQUIDATION WORKS Thousands of businesses have suffered financially since the start of the lockdown back in March 2020. Although many came through the worst part of it, others were not so lucky, especially in the hospitality, liquor, and tourism industries. If your business is also hardly keeping afloat, take… Read More »VOLUNTARY LIQUIDATION

HOW TO SAVE YOUR FINANCIALLY DISTRESSED COMPANY: GET EXPERT HELP WITH BUSINESS RESCUE Lockdown has not been kind to profits. Hundreds of companies have been forced to liquidate over the past two years because of limited trading hours, limitations on movements, reduced consumer buying power, and more. Several made it through the first wave of lockdown, but due to the slowing economy struggle to stay… Read More »EXPERT HELP WITH BUSINESS RESCUE

NEED HELP FROM AN INSOLVENCY PRACTITIONER? GET RID OF DEBT AND REGAIN FINANCIAL STRENGTH Do you need help from an insolvency practitioner? Perhaps you think that by just admitting to the debt and agreeing with exuberant interests and legal fees for collection, you can keep the creditors at bay for a while until you get cash to pay off the debts. If there is a… Read More »NEED HELP FROM AN INSOLVENCY PRACTITIONER?

DO YOU KNOW THE DIFFERENCE BETWEEN DEBT REVIEW AND SEQUESTRATION? Life is not always easy. In fact, it can be an uphill battle when creditors threaten with judgments, property foreclosures, and vehicle repossession actions. What is your best option? Read on to learn the difference between debt review and sequestration. Knowing what each entails will help you to make a decision that is best for… Read More »DIFFERENCE BETWEEN DEBT REVIEW & SEQUESTRATION

9 PITFALLS OF DEBT REVIEW AND SEQUESTRATION Friends and family members do not necessarily give the right advice. What works for one person may not be the solution for another. If you are struggling to pay creditors, seek immediate legal advice to help you choose the correct solution and to avoid these nine pitfalls of debt review and sequestration. To help you get started, let us… Read More »PITFALLS OF DEBT REVIEW AND SEQUESTRATION

Are you in financial trouble and fear that creditors will apply for judgment against you? Are you under debt review and unable to make the monthly consolidated payment? Did you know that it is possible to get rid of your debt once and for all? Want to know more? Then read on to discover why and how to apply for voluntary sequestration in South Africa.… Read More »HOW TO APPLY FOR VOLUNTARY SEQUESTRATION

People do not start businesses with the idea to fail, but unforeseen circumstances and a challenging economic environment can cause business failure. Small businesses are especially vulnerable in a highly competitive market. The question of “How long does liquidation take in South Africa?”, certainly is one that thousands of struggling business owners want answered. Although the answer is not straightforward, we will answer it in… Read More »HOW LONG DOES LIQUIDATION TAKE IN SOUTH AFRICA?

GET ANSWERS ON QUESTIONS ABOUT VOLUNTARY LIQUIDATION Is your business struggling? Do you have to deal with mounting debts, the inability to pay employees on time, and a lack of funds to order stock? Do the liabilities exceed the company’s assets? If so, consider voluntary liquidation as a solution. Every day you keep trading in the insolvent state, you add to the problem. As a… Read More »VOLUNTARY LIQUIDATION

INSOLVENCY – UNABLE TO PAY YOUR DEBT? WHAT ARE THE OPTIONS? Facing insolvency? If debt is spiralling out of control, what can you do? Apart from entering debt review or getting a debt consolidation loan, you may not have many choices. Debt review can also exacerbate the situation, especially if your spouse loses their income during your debt review period. Voluntary sequestration may not be the first… Read More »INSOLVENCY

NEED HELP WITH INSOLVENCY? GET ANSWERS FROM EXPERIENCED LAWYERS Need help with insolvency? Do creditors knock and threaten with compulsory sequestration? Do you want to take the first step towards becoming debt-free, but do not know if it is the right decision? Get answers on the less frequently asked questions surrounding insolvencies in South Africa. WHAT IS THE DIFFERENCE BETWEEN SEQUESTRATION AND ADMINISTRATION? Sequestration is… Read More »NEED HELP WITH INSOLVENCY?