INSOLVENCY AND BUSINESS RESCUE
Commercial Recoveries and Business Rescue
Herold Gie’s highly practiced debt recovery team is experienced in the provision of commercial recovery advice and debt collection services. Direct intervention from our firm frequently results in greater recovery of outstanding accounts and bad debt and, in many instances, without legal action becoming necessary. Our attorneys are also able to advise you on the legal aspects of Business Rescue Proceedings, in how they affect applicants, and other “affected parties”. In addition, they are also able to assist with the preparation of the necessary resolutions and supporting documentation to launch Business Rescue Proceedings and Court applications, where necessary, as well as applications to discharge Business Rescue Proceedings where they amount to an abuse of the process of Court.
Insolvency and Sequestration
Herold Gie offers a full spectrum of services to all parties involved in respect of insolvencies.
These services include:
• Voluntary and compulsory sequestration applications
• Compulsory winding up applications
• Shareholder and creditor voluntary winding up applications
• Insolvency interrogations
• Applications for rehabilitation of insolvent estates
Herold Gie are proficient in the undertaking of rehabilitation applications on behalf of individuals who wish to speed up the process of getting back on their feet and re-entering the worlds of commerce and industry.