Danie Potgieter Attorneys
debt, Insolvency, Sequestration
Insolvency / Bankruptcy
When your liabilities exceed your assets, you are insolvent. The remedy is to apply for a sequestration order. The effect of such a sequestration order is that creditors must claim from the insolvent estate and that they cannot claim from you anymore.
We have done over 5,000 of these applications with a remarkable success rate.