• Sequestration is a legal process by which you are declared insolvent by an Order in the High Court
• After a Trustee is appointed according to the rules of the Insolvency Act
• You will be able to adjust your lifestyle to be in line with your available budget, without creditor headaches.

• If you own a fixed property that is bonded, all your debt will be written of once the order for the surrender of your estate has been granted.
• If you do not own a fixed property, all your debt will be included in the application and once your contribution percentage has been paid the balance of all debt is written off.
• You will no longer need to communicate with any of your creditors JSFLAW deal with the surrender of your estate will handle all further communications with your creditors.
• After your voluntary surrender your FULL income will remain your own.
• All garnishee orders against your salary will be stopped or cancelled the Court Order has been granted and the necessary documents sent through to your HR department.
• You will be able to Keep your movable
• You will be able to keep your vehicle if it is not financed and in certain circumstances where the vehicle is leased.
• You do NOT need to appear in court.
• You will be able to apply for rehabilitation
• After rehabilitation your credit record will be cleared and you can continue Debt Free with your life.

• You will be insolvent for at least the next 6 months, 12 months, 16 months, 18 months, or 25 months depending on the installment payments towards your Contribution payment.
• You need to apply for rehabilitation after your sequestration period is over

• You will be required to complete an application form with your personal information as well as information regarding your creditors.
• Upon receipt of your fully completed application form as well as payment of the required fee, we will proceed with your application.

• We will publish an advert in the Government Gazette and in a local newspaper
• This document is submitted for inspection at the Master of the High Court for 14 days or with the local Magistrate’s Court.
• Your creditors thus contact me for information. You will also be provided with the same notice to enable you to forward to problematic creditors.
• The South African Revenue Services are also notified, even if you are not registered with SARS.
• At the day of the Court proceedings an Advocate will represent you; there will be no need to attend any court hearing in person.
• After the application has been approved and granted by the Court, a curator is appointed to handle all financial matters on your behalf.
• The curator will contact you to arrange a consultation to explain the details to you and to confirm details in respect of your assets.

Contribution Fees are payable over 6 months, 12 months, 18 months or 20 months. A quotation will be provided as soon as an assessment of your profile is done.