What is Insolvency


Insolvency is a state of financial distress in which a person or business is unable to pay their debts. At Joubert Scholtz Inc, our team can guide and advice financially distressed companies and individuals. We can assist with the following:
Compulsory sequestration applications and voluntary liquidations
Compulsory winding up applications;
Managing and conducting all aspects of insolvency litigation including the setting aside of impeachable transactions, collusive dealings, and rendering directors and third parties personally liable for debts of the company for reckless trading and fraudulent conduct;
Managing and conducting all commercial and technical insolvency related litigation;
Defending directors, company officers and senior management against claims brought against them

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