Insolvency, Debt Restructuring and Business Rescue

Financial distress doesn’t have to be the end of the road. Whether you’re facing personal insolvency or your company needs restructuring, there are legal mechanisms to regain control. At Steyn Coetzee, we help individuals and businesses explore all options — from voluntary sequestration to business rescue proceedings.

This occurs when your debts exceed your assets, and you’re unable to pay creditors. We assist with voluntary sequestration applications.

Some essential assets may be excluded. We’ll guide you through what’s affected and what’s protected.

It’s a legal process that gives struggling companies time to restructure under supervision and avoid liquidation.

Liquidation winds up the business and sells off assets. Business rescue aims to rehabilitate the company while still operating.

Not necessarily. Each situation is different. We’ll assess your financial position and help protect key assets where possible.

Timeframes vary, but personal insolvency may take several months. Business rescue is generally time-bound to 3–6 months.

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