Debt
When we speak about debt, we should differentiate between options afforded to individuals and businesses’ when they experience problems with debt. It can be summarised as follows:
Individuals
Administration Proceedings Debt Review Proceedings (no self employed persons) Sequestration Insolvent Estates |
Businesses
Liquidation / Curatorship Business Rescue Proceedings Debt Consolidation |
Each of these options has an array of factors to consider, do not make the mistake of not consulting with one of our professionals free of charge.