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What is Insolvency and Sequestration?
Insolvency occurs when your liabilities exceed your assets, or when you’re unable to meet your financial obligations. In South Africa, this can lead to sequestration, a legal process where the Court appoints a Curator to manage your estate—putting an end to the stress and harassment from creditors.
Under South African Insolvency Law, sequestration can be initiated in two ways:
Voluntary Sequestration
You voluntarily surrender your estate to the Master of the High Court, who appoints a Curator to handle your assets and debts.
Involuntary Sequestration
A creditor may apply to the court to have your estate sequestrated.
Why Seek Legal Advice?
Sequestration is a serious legal process that affects your personal and financial freedoms. It’s essential to understand all implications before moving forward. For example:
How We Can Help
We guide you through every step with professionalism and discretion.
Consultation
We assess whether sequestration is the right path for you.
Legal Process
If you choose to proceed, we handle all legal formalities—you won’t need to appear in court.
Curator Appointment
Once the order is granted, we arrange and represent you at the meeting with the Curator.
Negotiation
We negotiate key aspects of the process on your behalf to ensure the best outcome possible.