Sequestration Definition
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Sequestration is a legal process by which you are declared insolvent by an order of the High Court of South Africa. Sequestration is not Debt review or Debt Counselling. The effect of a sequestration order is that your debts (in layman's terms) are written off. In legal terms, your debt vests on a Trustee, that needs to sell your assets and distribute the proceeds according to the Insolvency Act, Act 24 of 1936. Sequestration stops all legal action like garnishee orders and sale in executions.
EUGENE PRINSLOO
Meecham & Prinsloo
Paralegal Practitioners
Call/SMS/Whats App 0813166983
BBM 288A44F5
We Chat EugeneDebtcare911
BBM Channel PIN C00493F66
Email eugene@skuld.co.za
Fax 0862441324
Blog www.insolvencysa.blogspot.com
Website www.skuld.co.za
(Under Construction)
I am able to consult on the following matters:
GETTING RID OF DEBT
1) Insolvency applications.
2) Debt assessments.
3) Debt Mediation in terms of the National Credit Act.
4) Removal of debt review, administration orders, and salary attachments/garnishee orders.
5) Credit profile clearance.
6) Any matter related to debt or debt collection where you feel you are being harassed or treated unfairly.
7) Tenant rights and eviction advice.
RENTAL MEDIATION
1) Landlord / Tenant Disputes
2) Blacklisting of bad payers
3) Credit Checks
4) Drafting of Agreements
5) Advice
ASSET PROTECTION
1) Trust registrations.
2) Business registrations.
ACQUIRING DEBT
1) Debt consolidation.
2) Buying a property, getting a home loan.
3) Second bonds.
4) Alternative property finance.
5) Advice on secured and unsecured debts. Short term loans.
6) Buying and financing a vehicle.
COLLECTING DEBT
When you are owed money, whether you are a person or business.
1) Debt collection for individuals.
2) Debt collection for business or Commercial debt collection.
3) Black listing or Default listing of debtors.
4) Debtors management.
5) Credit policy audits.
6) Debtor tracing.
CRIMINAL RECORDS
1) Verification of criminal records for employment or private use.
2) Removal of criminal records.
IMPORT/EXPORT LICENSE APPLICATIONS
Disclaimer: Meecham & Prinsloo
Paralegal Practitioners cannot be held liable for any investment/legal decisions made based on the advice given by independent financial service providers.
Under the ECT Act and to the fullest extent possible under the applicable law, Eugene Prinsloo disclaims all responsibility or liability for any damages whatsoever resulting from the use of this site/email in any manner.
