In today’s economic climate, it is unfortunately inevitable that businesses, trusts or people have to face a situation where a formal liquidation of the business or a sequestration of the trust or person in his / her personal capacity is unavoidable.
A liquidation or sequestration is sometimes the only option, albeit a last resort, that will be to the benefit of all the parties involved. In a liquidation or sequestration, no creditor can be preferred above another, except if a creditor has security for their claim, or is granted a preference by virtue of the laws of South Africa.
We have a team of insolvency practitioners and administrative personnel with the expertise, ability and capability to deal with any type of insolvent estate, no matter how complex.
Although our head office is situated in Bloemfontein, we also have offices in Johannesburg and Cape Town, as well as satellite offices in most of the other provinces. We therefore have the ability and necessary infrastructure to attend to matters across South Africa.