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 be blacklisted; will they be able to own a business again. These are the most popular questions we get asked. In fact, the impact of Liquidation on Directors are not […]
Is a director personally liable for the debt of a company Read More »
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 are among the struggling, haunted by debts your business cannot settle and work your business cannot finish. The fear, stress, worry, and sleepless nights must be taking a toll. There
Liquidation to get Financial Freedom from a failing business Read More »
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 cannot pay its debt. After Liquidation the affairs of the company is wound up. Creditors are under control, the liquidator deals with them so that you do not have to.
The Benefits of Liquidation in South Africa Read More »
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 you continue to trade from a clean slate. We are specialist Liquidation Attorneys who have helped over 1500 business owners get rid of debt over the last 17 years. We
Liquidation problems and solutions; a summary Read More »
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 one of the unfortunate ones targeted by SARS, you understand the pain and stress of being threatened by them. The relentless pressure from SARS can cause sleepless nights, constant worry,
Voluntary Liquidation with SARS debt Read More »
Copyright © 2022 Prinsloo and Associates Attorneys | All Rights Reserved | Powered By AppXtreme