When an individual or company can no longer meet their financial obligations to lenders as debts become due, they will likely be involved in informal arrangements with creditors, such as setting up alternative payment arrangements. Insolvency can arise from poor cash management, a reduction in cash inflow, or an increase in expenses.
Entrust us to walk down this road with you, whether you are a lender or borrower to ensure the best possible outcome for you.
This practice area includes:
Cornelia van Heerden
Cornelia is passionate about people and the law. She has a BA LLB degrees from the University of Stellenbosch.