A Turning Point for South African Workers The Ford South Africa retrenchment announced in August 2025 marks a critical moment for workers, families, and communities across the Eastern Cape and Gauteng. With nearly 500 jobs on the line—including 391 at the Silverton Plant in Pretoria and 83 at the Struandale Plant in Gqeberha—this move signals more than just a corporate shift. It reflects a growing… Read More »What Now: Ford South Africa Retrenchments
Insolvency Act 24 of 1936 Explained: A Guide to South African Debt Relief Law The Insolvency Act 24 of 1936 is a cornerstone of South African financial law. It governs how individuals and businesses can be declared insolvent, how their assets are managed during the process, and how creditors are repaid. This article provides a straightforward explanation of the Insolvency Act, its practical implications, and… Read More »How to use the Insolvency Act | Infinite Debt Solutions
Empowering You with Legally Compliant Debt Relief Options Many residents in Mpumalanga are asking: Can I legally and safely have my debt written off, given the pressure from retrenchments, factory closures, and rising living costs? At Insolvency Care, we believe in clarity, compliance, and empowerment. This guide explains how debt write-off works, who qualifies, and why Mpumalanga residents should act now—especially in light of recent… Read More »Debt Write-Off in Mpumalanga | What You Need to Know
Load shedding. Water shortages. Internet instability. Flooding. Road collapse. South African businesses across all nine provinces are facing a wave of infrastructure failures that disrupt operations, drive up costs, and, in many cases, result in cash flow collapse, client attrition, and legal insolvency. At Insolvency Care, we understand how these mounting pressures can lead to sequestration or liquidation—and we support directors with professional, confidential, and… Read More »Why Businesses Are Liquidating | Financial Survival…
Regsadvies oor die likwidasie van ’n maatskappy: Belangrike stappe vir sake-eienaars In South Africa, company liquidation is a formal legal process used to close a financially distressed business. Whether initiated voluntarily or through court proceedings, liquidation allows companies to settle debts, dissolve contracts, and exit in a structured, lawful manner. This guide outlines the legal steps, what business owners should prepare for, and the support… Read More »Learn About Company Liquidation | How to Navigate the Process…
Het jy ’n Kennisgewing ingevolge Artikel 129 ontvang? Leer hier hoe om dit te hanteer, stap-vir-stap… For many South Africans facing financial distress, a Section 129 letter, also known as a default notice or letter of demand, can feel intimidating. But this legal document is not yet a court summons. It’s a signal that action is needed and help is available. 📬 What Is a… Read More »What to do about a Section 129 letter? | How to Respond?
When personal debt becomes too overwhelming to manage, South African law offers a structured process known as voluntary sequestration. This legal route falls under the Insolvency Act 24 of 1936, and it’s designed to protect both the individual and their creditors when liabilities exceed assets. This article explains what personal insolvency means, how the process works, and what implications it may have on your future.… Read More »Personal Insolvency | What is the meaning of Personal Sequestration?
In Gauteng’s competitive and unpredictable business climate, financial distress can arise fast—from retrenchments and energy disruptions to supply chain breakdowns and post-pandemic recovery slumps. For companies on the brink, business rescue and liquidation remain two key legal options designed to offer structure, compliance, and closure. This guide explores both, grounded in current legislation and sector realities. ⚖️ What Is Business Rescue? Business rescue is a… Read More »Business Rescue vs Liquidation in Gauteng? | Do you know now?
This is surely one of the most asked questions about insolvency in the history of the existence of the Insolvency Act. Let’s explore how you can save your vehicle from Insolvency in South Africa. When facing insolvency, one of the most pressing questions is: “Will I lose my car?” The answer depends on your vehicle’s status — whether it’s financed, leased, or paid off —… Read More »How to Save My Vehicle from Insolvency in South Africa.
A practical guide to understanding your legal options for debt relief in South Africa. With over 900 jobs lost in Uitenhage in 2025, many Eastern Cape residents are reassessing debt relief options. This article explores whether sequestration is the smarter alternative to debt review under current economic conditions. 📉 Economic Pressure in the Eastern Cape In June 2025, Goodyear South Africa announced the closure of… Read More »Do you think Sequestration is the smarter alternative?