Insolvency Lawyers in Paarl

HomeWestern CapePaarlInsolvency Lawyers

Showing 1-7 of 7 law firms

146 years in practice

Faure & Faure Inc.

Paarl, Western Cape

  • icon Patriot Pers Building, 227 Main Street, Paarl
  • icon021 871 1200
13 Practice Areas Details

132 years in practice

Van der Spuy & Partners

Paarl, Western Cape

18 Practice Areas Details

88 years in practice

Van Wyk Van Heerden Attorneys

Paarl, Western Cape

16 Practice Areas Details

22 years in practice

Creighton & Associates Inc.

Paarl, Western Cape

  • icon New Link Building, Second Floor, 1 New Street, Esterville, Paarl
  • icon010 634 4379
18 Practice Areas Details

20 years in practice

Sadler Ing

Paarl, Western Cape

  • icon 166 Main Street, 2 nd Floor, Omni Park Building, Paarl
  • icon021 202 8460
16 Practice Areas Details

Law Firm

Philip Venter Attorneys

Paarl, Western Cape

18 Practice Areas Details
Van Wyk Fouchee Inc. logo Insolvency

13 years in practice

Van Wyk Fouchee Inc.

Paarl, Western Cape

  • icon Dwars-in-die-Weg Building, 2nd Floor, 281 Main Road, Paarl, 7620
  • icon8711050
11 Practice Areas Details

Insolvency Lawyers in Paarl: what we found

We found 7 firms in Paarl that take on insolvency matters, out of 15 firms listed in the town. The longest established are Faure & Faure Inc. (146 years), Van der Spuy & Partners (132 years) and Van Wyk Van Heerden Attorneys (88 years). 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 and Afrikaans.

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.

Where insolvency matters from Paarl are handled

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 Paarl, the court is the Western Cape Division of the High Court, which sits in Cape Town (about 55 km away).

What insolvency lawyers in Paarl can help with

  • Voluntary sequestration
  • Company liquidations
  • Business rescue proceedings
  • Creditor claims in insolvent estates
  • Rehabilitation of insolvents
  • Advice on alternatives such as debt review

Before you call a firm

  • A list of all debts and creditors
  • A list of assets and their values
  • Recent bank statements
  • Any summons or letters of demand received

Frequently Asked Questions

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 Paarl that handle sequestrations, liquidations or business rescue.