• CAN YOUR COMPANY NO LONGER PAY SARS AND OTHER CREDITORS?

 

  • Are they threatening you with legal action?

 

  • If you do not take action, Creditors will force Liquidation and control the process.

 

  • By acting early, you can take control of the outcome and move forward without ongoing pressure.

 

  • Consider Voluntary Liquidation - you stay in control and can continue with business.

 

  • Section 22 of the Companies Act requires Directors to act when a Company cannot pay its debts - delay increases the risk of personal liability

 

TALK TO US TODAY, GET RID OF CREDITOR PRESSURE, HAVE PEACE OF MIND

What Liquidation Does

  • Liquidation closes a Company - either voluntarily by board resolution (our process) or by court order from a creditor. The Liquidator takes control by replacing the Director and winds up the estate.

 

  • The Liquidator manage the creditors and ensure a structured, lawful exit with no ongoing exposure 

 

  • Legal action against the Company must stop

 

  • Debt no longer escalates

 

  • SARS and Creditors are addressed through the liquidation process

 

  • Liquidation limits further financial damage to the Company

 

  • Directors can keep trading through a new or existing entity while the old Company winds down, resolving financial pressure immediately (3 - 5 days) without stopping operations

 

  • Directors are not blacklisted as a result of the liquidation and can continue operating in other entities

Other services we offer

Company Registrations

Director Changes

Annual Return Lodgements

Beneficial Ownership Declarations

Company Re-instatments

How to start the Liqudation Process

Questionnaire

We will send you a document to complete in order to gather basic information. We will need certified copies of ID's.

Documentation

We draft all the official documentation to lodge with the CIPC. 

Signature

We send you the documentation together with a video on how to sign and complete them.

Lodge 

You then e-mail the signed documents to us and courier the originals to a specified address we will supply. 

Need to talk to us?

For any questions you might have simply phone or email us your query and we will get back to you within 24 hours.

+27 79 125 8080

info@debtreset.co.za