Articles #debt relief

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.