FAQ’s

What is the Fee?Contact us to explain the fee structure and how it works.
What is excluded from sequestration?The debtor’s basic necessities, pension and compensation for personal injuries are some of these exclusions.
What happens to my property during sequestration?Contact us so we can discuss it with you.
Do I still need to pay my creditors?No payments or creditors with immediate effect.
What happens with my salary?Your salary stays untouched.
What happens with my vehicle?Your vehicle forms part of your insolvent estate, but you can however buy it back.
What if Creditors are still harassing me after sequestration?They need to be referred to your trustee.
Can I apply for credit?Yes, after rehabilitation.
How long does sequestration take place?Depending on when a court date can be obtained.
How long does liquidation take place?Depending which process needs to be taken. Can take up to 10 days or alternatively, couple of months