30 years in practice
Waterkloof, Gauteng
225 Rautenbach Ave, Waterkloof, Pretoria, Gauteng
+27 (0)12 460 4321
27 years in practice
Waterkloof, Gauteng
565 Cliff Avenue, Waterkloof Ridge, Pretoria+27 (0)12 346 8606
13 years in practice
Waterkloof, Gauteng
Suite 6, 1st Floor, Waterkloofrand Centre, CNR Buffelsdrift & Rigel Avenue, Erasmusrand, Pretoria012 997 95703 of the 4 firms in our Waterkloof directory list insolvency as one of their practice areas (75%). By years in practice, the most experienced are De Oliveira Serrão Attorneys (30 years), Schoeman Borman Attorneys (27 years) and Venter and Geldenhuys Inc. (13 years). All of them have a full profile on our site, with their people, history and the courts they use.
When debts can no longer be paid, insolvency law offers a structured way out. Individuals may apply for voluntary sequestration under the Insolvency Act 24 of 1936, companies can be liquidated, and struggling businesses may be placed in business rescue under Chapter 6 of the Companies Act. An insolvent person can later apply for rehabilitation.
Sequestration applications are brought in the High Court, while debt review runs through a registered debt counsellor under the National Credit Act. For people in Waterkloof, the court is the Gauteng Division of the High Court, which sits in Pretoria (about 7 km away).
Sequestration applies to individuals and partnerships, while liquidation applies to companies and close corporations.
A process under the Companies Act that gives a financially distressed company temporary protection from creditors while a practitioner tries to rescue it.
Use the list above to compare firms in Waterkloof that handle sequestrations, liquidations or business rescue.
