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Related South Africa Law Questions
My wife invested R150,000 with a company which claimed that
My wife invested R150,000 with a company which claimed that they were making good gains on the forex market, in return she will then receive a monthly payment.When the company ran into difficulties en… read more
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My ex wife has received a warrant of execution for movable
My ex wife has received a warrant of execution for movable property. She is the sole member of CC, which stopped trading in August 2014,as the business was financially distressed. The CC has never bee… read more
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Thank you so much you put my mind to so much rest. My
Thank you so much you put my mind to so much rest. My husband has been in the teaching prefession for 38 years and is retiring end of this month. He receives from the Government Employees Pension Fund… read more
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When I applied in 2012 the lawyers offering the service told
When I applied for sequestration in 2012 the lawyers offering the service told me that all my properties will be sold except for two. One of them is my mother's home(she has been staying in the house … read more
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Hi there, I have been divorce for 4 years in November and
Hi there, I have been divorce for 4 years in November and in the divorce agreement granted it states that my ex husband would continue paying the house that was purchased in both our names and I would… read more
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hi...im filling for divorce and I was advised that the best
hi...im filling for divorce and I was advised that the best way to go is to have my husband sequestrated. I believe the house will have to be auctioned and all items that haven't been paid will be rep… read more
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Hi Is my ex still insolvent if 5 years have past and can
Hi Is my ex still insolvent if 5 years have past and can he be held liable for payment on a house we bought together 9 years ago still now to help with payment to clear my name Thank you… read more
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Good day I would just like to find out how to go about applying
Good day I would just like to find out how to go about applying for sequestration and the costs involved, so as to find out whether it would be worth it or not. My daughter got divorced a year ago and… read more
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Hi If the amount of time it will take me to repay what I
Hi If the amount of time it will take me to repay what I am indebted to various institutions is more than the amount of time for rehabiliation (for declaring insolvency or whatever the term is), AND I… read more
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My ex husband and I were married COP. He passed away in 2008
My ex husband and I were married COP. He passed away in 2008 without a will. We had not divided ur estate at time of divorce. The court has appointed an executor who also represents me. His estate is … read more
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If I file for insolvency, how is my debt handled and what do
If I file for insolvency, how is my debt handled and what do I get to live from? Money for food, rent, electricity? What is the difference between insolvency and bankruptcy?… read more
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My company became insolvent in 2008 and the bank which forwarded
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Good morning. My farther passed away in Feb 2011 and I am
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I purchased a sectional title property in Cape Town in July
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In the Uk, one can declare oneself bankrupt Is that possible
In the Uk, one can declare oneself bankrupt ? Is that possible in SA and if so what would it entail? If not does Collection proceeding always lead to bankrupsy and what does bankrupsy entail?… read more
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High Court Durban. Judgement in friendly insolvency a co
High Court – Durban. Judgement in friendly insolvency a co abomination. Please read summary below. I would like to know: - Is there is some sort of Ombudsman or review process (other than appealing th… read more
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Good Day Please can you let me know what the legal precedent
Good Day Please can you let me know what the legal precedent for the below situation is as I think I am being taken for a ride ?I purchased a house 2 years ago , with my employer we went in 70 / 30 sp… read more
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Hi We were called to a staff meeting yesterday and advised
Hi We were called to a staff meeting yesterday and advised that the company is going to be liquidated today at 12:00. They said in the meeting that the liquidators would be paying us our salary at the… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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