HOW DOES VOLUNTARY SEQUESTRATION HELP TO GET RID OF DEBT IN SOUTH AFRICA? Realising that you have a debt problem is the first step towards financial freedom. The next step is to consider your options. Voluntary sequestration is suitable if you have considerable debt, are unable to pay the debt without causing more debt, or have to juggle between accounts to do so. You must… Read More »VOLUNTARY SEQUESTRATION

LIQUIDATION AS ONE OF THE DEBT SOLUTIONS FOR SMALL BUSINESSES In a time when political uncertainty causes investor panic, small businesses are often the first to suffer. South Africa is once again in a time of political and economic confusion. With investor confidence low, small businesses in building, construction, and property industries may experience a decrease in their business activities. Perhaps, your business falls in… Read More »DEBT SOLUTIONS FOR SMALL BUSINESSES

ARE YOU LOOKING FOR DEBT SOLUTIONS IN SOUTH AFRICA? Voluntary sequestration is not always first on your mind when thinking of workable debt solutions in South Africa. You may think that opting for a debt consolidation loan may be a better option at first. However, consider how easy it is to get further into debt with such a loan. All your other debts, such as… Read More »DEBT SOLUTIONS IN SOUTH AFRICA

AVOID THESE MISTAKES WHEN DEALING WITH CREDITORS IN SOUTH AFRICA According to the regulations of the Insolvency Act of South Africa, there are eight instances where the actions of the debtor show that the debtor is insolvent, giving the creditor the right to apply for compulsory sequestration of the debtor. Be careful about your interactions with creditors. If you are unsure of what to do,… Read More »INSOLVENCY ACT SOUTH AFRICA

HOW TO ENJOY A DEBT-FREE LIFESTYLE IN SOUTH AFRICA Imagine not having to stress every time the phone rings. Also imagine getting up in the morning and realising that you no longer have debt. Indeed, every debt has been paid, and you have enough cash at hand to enjoy a debt-free lifestyle. Is it even possible? Truth is that you can enjoy a debt-free lifestyle… Read More »DEBT-FREE LIFESTYLE

WHY YOU SHOULD GET DEBT HELP TODAY Debt does not go away without you doing something about it. If your creditors are already knocking on your door for overdue payments, and you have no means to increase your income or reduce your living expenses in order to pay the debts, then you need to get debt help today. Truth is that most creditors do not… Read More »GET DEBT HELP TODAY

ARE YOU LOOKING FOR REAL FINANCIAL AND DEBT SOLUTIONS? Debt has a way to creep up on you, especially when you have unexpected expenses, such as medical or moving costs. To pay for such costs, you might opt for short-term or personal loans, additional credit on your credit card, or even pawning valuable items, such as your vehicle. However, you cannot solve debt with more… Read More »FINANCIAL AND DEBT SOLUTIONS

FOUR REASONS TO BECOME DEBT-FREE Debt can be dangerous, and it takes away your financial freedom. While you probably already know that it is better to have as little debt as possible, below are a few more reasons to become debt free, as well as a look at why people stay in the debt cycle. More Money Available to Enjoy Life The idea that money… Read More »BECOME DEBT FREE

INSOLVENCY PRACTITIONERS – ADVICE ON ASSETS THAT FORM PART OF THE ESTATE Before you consider debt solutions, seek the advice of experienced insolvency practitioners who will help to take guesswork out of the picture. It is your financial future, and therefore it is crucial to seek legal and financial advice from experienced insolvency practitioners, rather than trying to approach creditors with an offer on your… Read More »INSOLVENCY PRACTITIONERS ADVICE

7 IMPORTANT ADVANTAGES OF VOLUNTARY SEQUESTRATION IN SOUTH AFRICA Voluntary sequestration is an expensive legal procedure in which you apply to court to be declared bankrupt. You might wonder if there are any advantages to voluntary sequestration. The good news is that just as there are disadvantages to any debt solution, there are also advantages. Below are a few of the advantages of voluntary sequestration,… Read More »ADVANTAGES OF VOLUNTARY SEQUESTRATION