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A COMPREHENSIVE GUIDE TO LIQUIDATION IN SOUTH AFRICA
In South Africa, business liquidation might be the best outcome for everyone, from the directors and shareholders to the creditors. But that doesn't mean that all the questions in terms of Business liquidation are answered. Therefore, the need for a comprehensive guide to liquidation in South Africa.

EXPERT ADVICE:
COMPANY LIQUIDATION

How well do you understand company liquidation? In this post, we will answer some of the most frequently asked questions about company liquidation in South Africa. Visit our liquidation department for further information or fill out the online form for a FREE evaluation.

WHAT IS THE DIFFERENCE BETWEEN LIQUIDATION AND SEQUESTATION?

Sequestration and liquidation are commonly used interchangeably. Many people mix up the two procedures. These two processes take place for the same reason, namely debt. There is, however, a considerable distinction between the two.

DEBT MEDIATION - WHAT IS IT?

It is a process in which a customer and a credit provider negotiate the decrease of the consumer's monthly instalments and renegotiate interest rates charged.

SEQUESTRATION WITHOUT ASSETS

Sequestration without Assets. Is it possible and if so, how? But, if an insolvency application must be to the benefit of the creditors, how can I apply for sequestration if I don’t have any assets? During this article we will explain the process but do suggest that you contact one of our professional consultants to assist you with any questions you might have regarding Sequestration without Assets.

FORCED SEQUESTRATION

Forced Sequestration occurs:
When a creditor, for example, can prove that the liquidity or realistic valuation of a living person's assets is less than his liabilities, or when a person has committed a so-called ‘Act of Insolvency’ (for example, declaring a Nulla Bona to a sheriff executing a warrant of execution - see section 9 of the Insolvency Act).

LIQUIDATION | WINDING UP OF BUSINESS

Many company owners are struggling with the question of closing a business legally, by way of liquidation, winding up of the Business or Deregistration? Whether it’s due to retirement of financial difficulties. There are several ways of closing a business. However, there’s just as many pitfalls...

GUIDELINES TO LIVING A D DBET FREE LIFE

Instead of living a debt free life a large percentage of the population in South Africa is currently over-indebted and anything but debt free. Therefore, this article will provide you with some habits that individuals and families that’s living a debt free life follows.

SEKWESTRASIE:
VOOR & NADELE - KOSTES

So baie individue wat onder Finansiële druk verkeer, het dieselfde vrae. Wat is die Voor- en Nadele en natuurlik die Kostes van ‘n Sekwestrasie? Wanneer dit kom by Sekwestrasie is die groot vraag of Sekwestrasie werklik die oplossing is vir jou Finansiële Probleme.

SKULD VRY / DEBT FREE IN SOUTH AFRICA

When thinking about becoming Skuld Vry / Debt Free in South Africa is one topic that is always on every individual and business owners’ lips. After the Pandemic a lot of individuals and business are struggling to become ‘Skuld Vry / Debt Free in South Africa’