Voluntary
Sequestration

Comprehensive Support for a Fresh Financial Start

Voluntary sequestration can be a difficult journey, but with the right support, it can also be the start of a new financial beginning. Our team is here to provide expert guidance every step of the way, helping you navigate the entire sequestration process with confidence and ease. From managing your debt to securing a brighter financial future, we are committed to making the sequestration process as seamless as possible.

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    How does it work?

    Understanding Voluntary Sequestration

    Voluntary sequestration is a legal process that helps you manage overwhelming debt by surrendering your estate. To begin, assess your financial situation to determine if sequestration is the best option to resolve your debt. You’ll then need to prepare an application to the court, where you’ll declare insolvency and request the sequestration. If approved, a trustee will be appointed to manage the sale of your assets, with proceeds going to your creditors. After the process is completed, your remaining debt is discharged. Finally, your credit record is updated, offering you a clean slate and the opportunity to rebuild your financial future while complying with the Insolvency Act.

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