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Bankruptcy may provide you with the debt relief you seek when you are neck-deep in debt and see no other way out. It is a voluntary debt solution that can write off a large portion of your debt. If you are genuinely unable to meet your unsecured debt obligations and repayments, bankruptcy is the way to go. Let's see how you can apply for bankruptcy in South Africa.

Falling behind on debt repayments can be stressful. If your creditor has hired a Debt Collection Agency, then that adds another layer of worry. One of the most common concerns in such situations is how much extra a Debt Collector is legally allowed to charge in South Africa. Well, the good news is that the law provides clear limits to protect you.