General

ADMINISTRATION ORDER: Questions & Answers

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Will my name appear in the newspaper? NO. An Administration Order is not a Sequestration. Only your creditors get notice of your application.   Will I have to sell all my furniture and motorcar? NO. An Administration Order is not a Sequestration. Only if you have a luxury TV, Hi-Fi or your car is a […]

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Tips for Getting Out of Debt

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1. MAKE A PAYMENT PLAN If you want to get out of debt, particularly with a strict budget, you need a plan. Start by determining just how much debt you have and writing down the different creditors that you owe  money to. Then, order your payments by which debt you think needs to be paid […]

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Whether to sequestrate or not?

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When one hears the word sequestration, then a person’s immediate reaction is that their life is completely over. That they lose everything and the ability to start over again is virtually impossible. In order to educate a person in layman’s terms on the process as well as the advantages and disadvantages, then a person is […]