(Also Known As Sequestration Or The Voluntary Surrender Of An Estate)
A sequestration order places an insolvent person’s estate in the hands of a trustee, who must sell the assets and distribute the cash among the creditors.
You can voluntarily surrender your estate by showing that:
What does ‘rehabilitation’ mean?
If your estate was sequestrated or you applied for its voluntary surrender, you can apply for your rehabilitation (to be put back in the same position you were in before your sequestration) in the following circumstances: