Showing 1-6 of 6 law firms
43 years in practice
Stellenbosch, Western Cape
24 years in practice
Stellenbosch, Western Cape
5 years in practice
Stellenbosch, Western Cape
Law Firm
Stellenbosch, Western Cape
Law Firm
Stellenbosch, Western Cape
Law Firm
Stellenbosch, Western Cape
6 of the 14 firms in our Stellenbosch directory list insolvency as one of their practice areas (43%). Tuckers Attorneys has been practising the longest, at 43 years, followed by Falck Attorneys Inc and Van Zyl Scheepers Attorneys. 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 Afrikaans and 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 Stellenbosch, the court is the Western Cape Division of the High Court, which sits in Cape Town (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 Stellenbosch that handle sequestrations, liquidations or business rescue.