OUR SERVICESSERVICES

Each individual or business is unique and so are their financial situations Our core business focus is to advise clients about available solutions to alleviate their debt situations.

Voluntary Surrender
“Without Property”

The surrendering of your estate is a process instituted by the Courts to help persons that are no longer in a position to honor their debts due to uncontrollable circumstances.

Click on the bullet item to download the information sheet:

Voluntary Surrender
“With Property”

The surrendering of your estate is a process instituted by the Courts to help persons that are no longer able to pay their debts due to circumstances out of their control.

Click on the bullet item to download the information sheet:

Rehabilitation

Rehabilitation is a legal process which happens by order of the High Court, whereby the Insolvent (applicant) is declared financially fit and proper again. Once rehabilitated, the sequestration comes to an end and the insolvent can start afresh.

Click on the bullet item to download the information sheet:

Liquidations

When a business fails and is unable to pay its debts, it can be placed into liquidation. An application will be brought in the High Court and a liquidator will be appointed to take charge of the estate to sell the assets by way of public auction.

Voluntary Surrender
“Without Property”

The surrendering of your estate is a process instituted by the Courts to help persons that are no longer in a position to honor their debts due to uncontrollable circumstances.

Click on the bullet item to download the information sheet:

Voluntary Surrender
“With Property”

The surrendering of your estate is a process instituted by the Courts to help persons that are no longer able to pay their debts due to circumstances out of their control.

Click on the bullet item to download the information sheet:

Rehabilitation

Rehabilitation is a legal process which happens by order of the High Court, whereby the Insolvent (applicant) is declared financially fit and proper again. Once rehabilitated, the sequestration comes to an end and the insolvent can start afresh.

Click on the bullet item to download the information sheet:

Liquidations

When a business fails and is unable to pay its debts, it can be placed into liquidation. An application will be brought in the High Court and a liquidator will be appointed to take charge of the estate to sell the assets by way of public auction.

How We Work

Step 1
Application Form

Your first step is to send us your application form.

Step 2
Initial Consultation

A qualified consultant with years of experience will contact you to explain the whole surrender process and determine your specific need.

Step 3
Complete the necessary documentation

After the telephonic consultation an Information Page and application form will be send to you. Please fill and send it back to us.

Step 4
Evaluation and Approval

Once we receive your application form our Attorney will do an assessment.

We will notify you about the outcome and how we can assist you.

Step 5
Quotation

We will give you a quotation and explain to you how much you will have to pay to the Curator.

Step 6
Decision

After we have given you all the information about what we can do and how much it will cost, only then will you have to make a decision.

Up to this stage everything is free of charge.

How We Work

Step 1
Application Form

Your first step is to send us your application form.

Step 2
Initial Consultation

A qualified consultant with years of experience will contact you to explain the whole surrender process and determine your specific need.

Step 3
Complete the necessary documentation

After the telephonic consultation an Information Page and application form will be send to you. Please fill and send it back to us.

Step 4
Evaluation and Approval

Once we receive your application form our Attorney will do an assessment.

We will notify you about the outcome and how we can assist you.

Step 5
Quotation

We will give you a quotation and explain to you how much you will have to pay to the Curator.

Step 6
Decision

After we have given you all the information about what we can do and how much it will cost, only then will you have to make a decision.

Up to this stage everything is free of charge.

If you decide to continue the following process will take place:

Step 1
Authorising Documentation

New Life Debt Advisers will send you all necessary documentation authorising our Attorneys to start with the application.

Step 2
Invoice

New Life Debt Advisers will send you an Invoice for the Application Fees.

Step 3
Submission to Attorney

We will submit your application to our attorney.

Step 4
Debit Order

If you have to pay money to the Curator, New Life will arrange a Debit Order for you to sign.

Step 5
High Court Application

Our attorney will prepare your High Court application and will arrange for you to sign it.

Step 6
Advertisement

An advertisement will be placed in the Government Gazette.

Step 7
Presented to High Court

Your application will be presented by an Advocate in the High Court.

Step 8
Court Order

Once the Court ruled over your application we will send you the Court Order.

In Order to be able to assist clients nationwide, New Life makes use of a selected panel of attorneys and advocates all over South Africa.

If you decide to continue the following process will take place:

Step 1
Authorising Documentation

New Life Debt Advisers will send you all necessary documentation authorising our Attorneys to start with the application.

Step 2
Invoice

New Life Debt Advisers will send you an Invoice for the Application Fees.

Step 3
Submission to Attorney

We will submit your application to our attorney.

Step 4
Debit Order

If you have to pay money to the Curator, New Life will arrange a Debit Order for you to sign.

Step 5
High Court Application

Our attorney will prepare your High Court application and will arrange for you to sign it.

Step 6
Advertisement

An advertisement will be placed in the Government Gazette.

Step 7
Presented to High Court

Your application will be presented by an Advocate in the High Court.

Step 8
Court Order

Once the Court ruled over your application we will send you the Court Order.

In Order to be able to assist clients nationwide, New Life makes use of a selected panel of attorneys and advocates all over South Africa.

Book a Consultation

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