insolvency act south africa
If you want to get the best advice and information on the insolvency act south africa, you are at the right place. We have been the industry leading Insolvency Practitioners in South Africa since 1999, and we have helped thousands of clients.
The insolvency act south africa will help you write off up to 80% of your debt
South Africans are falling into more debt due to the ever rising cost of basic living and the cost of credit. It is a statistical fact that more than half of our population is unemployed and in debt. Therefore scraping together whatever they can to survive.
Even high-income households can very quickly fall into debt and not see a way out with creditors knocking at their door for collection.
Debt counseling and Debt review will usually be the first remedy against bad debt but in certain situations, this is too little too late.