In terms of South African Law, if a person is sequestrated (declared bankrupt), he or she would remain classified as insolvent for a period of 10 years, unless they apply for early rehabilitation by way of High Court application.
Such an application is dealt with specifically in Section 124 of the Insolvency Act 24 of 1936, but the process may become very technical if you do not have a strong legal background. However, here at EZ-Legal Solutions (Pty) Ltd we have successfully assisted various clients over the web. In fact, we have already created unique legal software to expedite the whole process.
In light of the aforementioned, we have also decided to dedicate a website exclusively to this field of law.
For more info visit our site by clicking on the following link: