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WHAT IS LIQUIDATION

Ever wondered ‘What is Liquidation’ and what it entails? After being flooded with numerous business owners seeking information pertaining to the Process of Liquidation of a Business, we decided it will be a great idea to write an article about what Liquidation is and the what the Liquidation Process entails.

EXPLAIN | ACT OF INSOLVENCY | INSOLVENCY LAW

If you are experiencing financial difficulties, it is critical that you find out what exactly an Act of Insolvency means. Failure to understand what is considered an Act of insolvency can lead to you committing such an act without even realising it, giving a creditor the right to proceed with legal action against you.

HOW TO CANCEL DEBT COUNSELLING: FAQs

The following are some frequently asked questions about cancellation of debt counselling.

CANCELLATION OF DEBT REVIEW

The Johannesburg High Court issued a Judgment on September 3, 2019, clarifying the DEBT REVIEW CANCELLATION PROCESS and the right to CANCEL DEBT REVIEW.

BUDGETING TIPS | FINANCIAL DIFFICULTIES

When earning money on a weekly or biweekly basis, it's important to set aside a portion to cover monthly expenses such as rent, utility bills, and vehicle payments. However, it's also important to prioritise your own well-being and attempt for an adequate standard of living for oneself and your loved ones.

THE SEQUESTRATION PROCESS EXPLAINED

First and foremost, it is important for the NCR-accredited Debt Relief Expert to determine whether the over-indebted individual qualifies for sequestration. Furthermore, they need to identify the type of sequestration that would have the greatest chance of success.

BUSINESS: FINANCIAL REHABILITATION AFTER COVI 19

During the Covid 19 pandemic businesses fell into financial disarray. As a result, a lot of businesses are struggling financially.

EXPERT ADVICE FOR BECOMING DEBT FREE

If your monthly income is primarily used to pay creditors, you are in trouble, but you are not alone. Aside from their home loans and vehicle finance, most South Africans have excessive liabilities.

REMOVE DEBT REVIEW STATUS
Let's dive into the process of removing the debt review status from your credit profile after applying for debt review. Due to the abundance of people who are dealing with this issue, we felt it was appropriate to start a discussion regarding debt review status removal and what it entails.

DEBT MEDIATION: A HOW TO GUIDE TO BECOME DEBT-FREE

Considering debt mediation as a debt relief solution, it's crucial to inquire about its effectiveness for business and individual debt.