49 years in practice
Vredenburg, Western Cape
19 Main Street, Vredenburg
022 713 1256 Docex: 2 Vredenburg
28 years in practice
Vredenburg, Western Cape
6 Main Street, Vredenburg+27 (0)22 715 1114/8
18 years in practice
Vredenburg, Western Cape
6 Main Road, Vredenburg, 7380Insolvency is offered by every one of the 3 firms in our Vredenburg directory, so you have a wide choice. By years in practice, the most experienced are Geldenhuys & Jonker Attorneys (49 years), Madeleyn Inc (28 years) and Madeleyn.Inc (18 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 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 Vredenburg, the court is the Western Cape Division of the High Court, which sits in Cape Town (about 120 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 Vredenburg that handle sequestrations, liquidations or business rescue.
