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Voluntary sequestration is often misunderstood in South Africa. It is surrounded by myths and misconceptions that prevent many individuals from exploring it as a viable solution to unmanageable debt. While it might sound like a daunting legal process, let's understand the facts so that you can make informed financial decisions. In this article, we debunk the top five myths about voluntary sequestration and clarify how it works in South Africa.

Debt Review and Sequestration are legally regulated debt solutions offered to consumers in South Africa to assist with managing debt. In this article, we discuss the difference between Debt Review and Sequestration in South Africa and also which of the two may be the best possible solution for your specific financial situation.

Having a credit card means having freedom. However, irresponsible use of a credit card can usually result in a large debt that people may not be able to afford to pay. Of course, there are other reasons too, such as the rising cost of living and economic uncertainty.

Sequestration in South Africa is a legal process that allows individuals who are unable to pay their debts to be declared insolvent. By doing so a large portion of their debt is written off.

Paying off your debts can prove challenging to many. Many fail to understand that paying off debts requires discipline, planning, and proper financial management.

By understanding who your competitors are, what they offer, and how they position themselves, you can discover gaps in your own approach.

Embracing resilience in the face of liquidation involves staying adaptable, maintaining a positive outlook and leveraging lessons learned.

Life's unexpected twists and turns can often lead to financial stress and uncertainty. Here is a comprehensive roadmap to financial recovery

One of the primary advantages of voluntarily surrendering your vehicle is to avoid the damaging consequences of repossession.

Juggling bills and keeping up with financial commitments can become overwhelming. Here are some tools to help you make informed decisions.

The CEOs of South Africa’s biggest companies are supporting government in tackling the challenges getting in the way of economic growth.

South Africa is heading for a technical recession as its economy will likely shrink further in the fourth quarter with increased load-shedding and Transnet’s backlogs limiting economic output.  This is feedback from several economists following the release of South Africa’s third-quarter GDP data , which showed the economy shrank 0.2%.  This was due to five industries recording negative growth between the second and third quarters of 2023. South Africa is heading for a techni

Although Comair’s British Airways and Kulula.com were viable businesses they were unable to get capital to resume operations.

Increased competition, unpredictability in supply chains, and shifting consumer expectations all provide challenges for B2B businesses.

A Gauteng High Court judge has laid down the law and cautioned attorneys and home loan providers that there will be no shortcuts in matters

South African consumers are stuck in an unsecured debt trap, while they had no real income increase since 2016.

The Monetary Policy Committee of the Reserve Bank has decided to increase the repo rate by another 25 basis points as expected by economists

The SA consumers of 2021 were definitely not the same consumers of 2019, and showed drastic behavioural changes.