Rehabilitation


Effects of rehabilitation
Post-Bankruptcy Articles - Rehabilitation
Written by Rohan Lamprecht   

The effect of rehabilitation in relation to the person of the insolvent is to eliminate his status as an insolvent, irrespective whether the aforementioned rehabilitation is granted by a High Court, or whether it is automatic due to an efflux of 10 years since the date of sequestration. In the words of the statute: rehabilitation has the effect “of putting an end to the sequestration” and “of relieving the insolvent of every disability resulting from the sequestration”. It also has the effect of discharging any and all of the debts as existing at the date of sequestration, including debts owed to foreign creditors (except for any such which arose out of fraud).

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Rehabilitation of an Insolvent Estate
Written by Rohan Lamprecht   

Due to the tremendous amount of queries we received with regards to rehabilitation, we decided to host a short article of the rehabilitation process and a timetable for the aforementioned.

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Rehabilitation Time Table
Written by Rohan Lamprecht   

In order to assist clients in determining exactly when they will be entitled to apply for the Rehabilitation of their insolvent estate, I have drafted a time table according to my interpretation of Section 124 of the Insolvency Act.

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