37 years in practice
Ballito, KwaZulu-Natal
11 Gainsford Place, La Lucia, Umhlanga
031 572 4107
13 years in practice
Ballito, KwaZulu-Natal
Unit 6B, Imbali Office Park, 7 Moffat Drive, Ballito, Kwazulu - Natal087 004 1426
7 years in practice
Ballito, KwaZulu-Natal
Office 16, Eden Palms, 2 Main Road, Shaka's Rock, Ballito, 4399Of the 9 law firms we list in Ballito, 3 handle insolvency work, about 33% of the local market. Pravda and Knowles Attorneys has been practising the longest, at 37 years, followed by G Grobbelaar Inc and Elliott Attorneys Ballito. All of them have a full profile on our site, with their people, history and the courts they use. Languages spoken across these firms include English.
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 Ballito, the court is the KwaZulu-Natal Division of the High Court, which sits in Durban (about 40 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 Ballito that handle sequestrations, liquidations or business rescue.
