Showing 1-4 of 4 law firms
106 years in practice
Mossel Bay, Western Cape
14 years in practice
Mossel Bay, Western Cape
10 years in practice
Mossel Bay, Western Cape
Law Firm
Mossel Bay, Western Cape
Of the 11 law firms we list in Mossel Bay, 4 handle insolvency work, about 36% of the local market. By years in practice, the most experienced are Rauch Gertenbach Attorneys (106 years), Riekert Terblanche Attorneys (14 years) and Du Toit Lambrechts Incorporated (10 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 Mossel Bay, the court is the Western Cape Division of the High Court, which sits in Cape Town (about 345 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 Mossel Bay that handle sequestrations, liquidations or business rescue.