Is Voluntary Liquidation Right for You?

When you're under financial pressure, voluntary insolvency may be a potential route—but knowing the benefits and risks is vital.

End of Harassment

Voluntary insolvency can help prevent lawsuits, offering significant emotional and mental relief.

Organized Debt Strategy

Instead of chaotic repayment, voluntary sequestration gives you a structured, legal framework to settle your obligations cleanly.

Loss of Control

One key risk is handing over financial control to trustees during voluntary sequestration, which may limit your influence over asset distribution and decisions.

Career and Business Consequences

Voluntary insolvency may affect professional roles, especially in finance or directorship positions, and might restrict business operations.

Know Your Alternatives

Debt review, consolidation, or negotiated repayment plans may also help, and should be considered before finalizing voluntary liquidation.