NO MORE CREDITORS TO DEAL WITH
Your creditors must communicate with the curator.
Up to the point where the curator is appointed, we will communicate with your creditors.
This should bring an end to the endless calls and pressure almost immediately.
WHAT ARE THE NEGATIVE EFFECTS OF A SEQUESTRATION ORDER?
In my opinion, there aren’t any negative effects of sequestration that really affect your life.
Any negative effects that may exist, can be overcome.
We will advise you on this if such a problem arises.
CANNOT BE A DIRECTOR
After sequestration one cannot be a director of a company or a member of a CC.
There are ways to legally overcome this problem.
We will advise you on this during our consultation.
You can still own a business after sequestration.
CANNOT GET CREDIT
Credit got you in the mess in the first place, so this is probably good.
If you have to sequestrate your credit record is probably negative in any case.
CANNOT OWN A TRUST ACCOUNT
Some professions need trust accounts.
You can still practice but not with a trust account.
There are ways to overcome this problem so that you can continue with your profession.
A NEW BEGINNING
A sequestration order helps you to restructure your life so that you can live a free financial life.
Once you are rid of your debt, you can manage your financial affairs differently, as all your money is your own.