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Protection of Personal Information Act (POPIA): How We Protect Your Personal Information | Insolvencies.co.za
POPIA Notice Insolvencies.co.za and Prinsloo & Associate Attorneys (“we”, “us”, “our”) are committed to protecting your privacy and ensuring that your personal information is collected
Business Liquidation South Africa: Who Can Liquidate a Company
Liquidation in South Africa is a formal process used to close a company and address its financial obligations. This guide provides business liquidation advice, explains
What happens to legal action after liquidation
Once a company is liquidated, legal actions are suspended. Asset attachments are void. The liquidator will proceed or stay with legal action. Legal action refers
What happens to company assets after liquidation
Liquidation in South Africa is a formal process where a company closes its doors, and its assets are used to settle debts. Whether the liquidation
How long does the liquidation of a company take
The timeline for the liquidation of a company in South Africa depends on various factors, including the method of liquidation, the company’s assets and liabilities,
When can a company liquidate
Liquidation is the legal process of closing a company that can no longer pay its debts. In South Africa, the legal grounds for liquidation are
Liquidating a Solvent Company in South Africa
Are you planning to liquidate your solvent company in South Africa? This can be a complex process, but with the right information and guidance, it
Liquidation in South Africa: A Comprehensive Guide
This article provides a comprehensive guide to understanding the definition of liquidation in South Africa. From the different types of liquidation to the legal requirements and procedures, this article covers everything you need to know.
Understanding Concursus Creditorum in Liquidation in South Africa
Concursus creditorum is a Latin term used in the legal system of South Africa to describe the process of distributing the assets of an insolvent
What happens to creditors during a business liquidation
When a business undergoes liquidation in South Africa, creditors often face uncertainty regarding their outstanding debts. Understanding how the business liquidation process works can help
Liquidation of a Business in South Africa: What You Need to Know
If your business is struggling with debt and you are considering liquidating your company, it is crucial to act swiftly. With the right advice and
Understanding Liquidation: A Solution for Struggling Businesses in South Africa
In South Africa, businesses face numerous challenges such as power cuts, inflation, labour disputes, and the lingering effects of COVID-19 lockdowns (believe it or not,
Who is responsible for the tax affairs of the company or close corporation in liquidation?
In South Africa, both insolvent and solvent companies have the option to do a voluntary liquidation. When a company or close corporation is insolvent, it
What is Liquidation
Liquidation is a legal process that occurs when a company is brought to an end and a liquidator is appointed to oversee the sale of
How to Liquidate Your Business and Get Rid of Debt: 6 Steps to Keep Trading
When business debt becomes overwhelming and is no longer manageable, liquidation may be the best option. Liquidation allows you to eliminate debt and make a
Liquidation: 6 essential steps to eliminate debt and keep trading
If your business is drowning in debt, staying afloat can feel like an impossible task. The constant pressure and harassment from creditors can cause sleepless
What Does Liquidation Mean
Introduction Liquidation is often the best solution for companies in financial distress. In South Africa, the liquidation process offers a fast and effective way to
Five steps to take before the liquidation of a company
Before considering the liquidation of a company, business owners should take proactive steps to mitigate the impact on their financial situation and future prospects.
Is a director personally liable for the debt of a company
A great concern for directors are their own status after Liquidation. Will they be held personally liable for the debt of the company; will they
Liquidating an insolvent company in South Africa
When a company is unable to pay its debts or when its liabilities exceed its assets, it is insolvent. In South Africa, liquidation is a formal legal
Liquidaton: The solution to financial problems
I understand from experience that by now you are probalby worried sick and have sleepless nights as you cannot see a solution to your business’
Continue with Business After Liquidation
Is your only source of income a financially struggling company that needs to be liquidated? Are you afraid that liquidating the company you need, even
Business Liquidation and Emigration
Before delving deeper, let us clarify what business liquidation entails. Businesses liquidate and individuals sequestrate. A company should do a voluntary liquidation when the company is
Get rid of SARS debt before it is too late
The messages from SARS are clear: tax collection must be increased. And increasing it they are! That is one of the reasons why most small
Company debt and how to get rid of it
Liquidation of a company is one of the most powerful legal things that a business owner can do. Dealing with company debt can be incredibly
Liquidate to Liberate: How Company Liquidation in South Africa Can Eliminate Debt and Restart Your Business
Liquidation of a business is a powerful legal tool in the arsenal of any business owner. There is little to fear of it and would
General information on Business Liquidation in South Africa
Business liquidation is available to all businesses. A company that cannot pay its debt should, in terms of the Companies Act, liquidate as soon as
Liquidation to get Financial Freedom from a failing business
Trading is tough in this economy. Businesses are folding left and right, bogged down by sluggish recovery, suffocating SARS debt and high wages. Perhaps you
The Benefits of Liquidation in South Africa
The shortest route to the fastest solution for a company that has debt it cannot pay, (SARS included) is Liquidation. Liquidation ends the company that
Liquidating a Company: the Benefits and Process
Many business owners that we assist are nervous of going through the liquidation process. They usually are unaware of the benefits of liquidating a company.
Liquidation problems and solutions; a summary
Being overburdened by debt while the economy is not improving is very stressful. Liquidation is an excellent tool to get rid of debt so that
Ways to get rid of company debt in Gauteng: Liquidation
Get rid of company debt in Gauteng If you do business in Gauteng, you will know that competition is fierce and times are tough. As
Get Out Of Debt Legally: Liquidation to the Rescue
Get Out of Debt Legally You can get out of debt legally. Let liquidation rescue you. All too often, business owners fear liquidation. They try
Liquidation and Sequestration: A short history
Liquidation vs Sequestration A short history in Insolvency is good to know about because it will explain where Insolvency fits in our economy. Insolvency refers
How Do You Liquidate a Company
How Do You Liquidate a Company Liquidation means that once a company is liquidated, the company is closed and deregistered at the Companies Offices. The
Liquidation in South Africa
Liquidation in South Africa Liquidation is a legal process where a company that can no longer pay its debts is closed and deregistered at the
Voluntary Liquidation with SARS debt
Voluntary Liquidation with SARS debt All business owners should know how to deal with SARS debt that a business cannot pay. If your business is