Faq

Bankruptcy

How does one end up losing everything? We provide some enlightenment on the topic that evokes the greatest financial fear.

What are my rights and obligations as a bankrupt?
Will one end up in Court?

An appearance in Court is essential if you want to be heard or want to defend yourself. In the event the creditor has difficulty locating you for the service of the necessary Court papers, the creditor will take out what is called an application for substituted service, such as by serving the petition on the debtor by advertisement in the newspaper.

What are my employment prospects as a bankrupt?
What does it mean when one is declared a bankrupt?
How might I be discharged from bankruptcy?
How is one made bankrupt?