Debt Solutions

An Administration Order is a debt settlement option for people who owe less than R50,000 on credit cards, personal loans, and overdraft facilities.and overdraft facilities, (not including vehicles or property) which they are struggling to pay.

Filing for Personal Bankruptcy by voluntary surrendering your estate as insolvent is most probably the most effective debt solution available as it allows you to write-off all your debt and start anew, subject to certain terms and conditions.

Applying for rehabilitation after being sequestrated is crucial and should be done as soon as possible. Most people don't know that they qualify for early rehabilitation, which can be a simple inexpensive process, or complex and complicated.

Everything you need to know about Insolvency Law and applying for bankruptcy in South Africa, discussed in detail.

The legal process during which the assets of a company or close corporation are liquidated, and the entity is wound-up.