Understanding the Sequestration process in South Africa: A lifeline for Debtors and Creditors
Sequestration in South Africa provides debtors with a legal solution for debt relief while managing creditors’ claims fairly.
Voluntary Surrender vs. Compulsory Sequestration: Understanding the Difference
There are two types of sequestration: voluntary surrender and compulsory sequestration. While both options can provide relief from debt, they differ in terms of the process, consequences, and benefits.