Insolvency Law Services – Strategic Solutions for Financial Distress
Financial distress doesn’t mean defeat. Whether you’re a business facing insolvency or an individual navigating mounting debt, the right legal strategy can protect your interests—and help you emerge stronger.
At Snaid & Morris, we provide comprehensive insolvency services that go beyond paperwork. With over 50 years of success in commercial law, we guide clients through liquidation, business rescue, and sequestration with clarity, strategy, and unwavering legal support.
Financial Recovery Starts with the Right Legal Advice
Insolvency law isn’t just about winding down—it’s about managing risk, recovering value, and protecting people. We assist both companies and individuals in navigating the legal processes of insolvency under South African law.
Our early intervention mindset helps many avoid unnecessary losses. Whether you need to initiate proceedings, defend against them, or restructure your obligations, our legal team tailors every move to your financial and legal reality.
Insolvency Law Services at Snaid & Morris
We provide tailored, end-to-end legal guidance in all facets of South African insolvency law—from voluntary liquidation to creditor protection and legal recovery.
Business Rescue & Corporate Restructuring
• Drafting and implementing business rescue plans
• Director and shareholder advisory
• CIPC compliance and submissions
• Court applications for business rescue orders
Liquidation & Sequestration
• Voluntary and compulsory liquidations
• Personal insolvency and sequestration
• Distribution of assets and debt discharge
• Liquidator coordination and compliance support
Creditor Representation
• Legal action for debt recovery
• Opposing or supporting liquidation/sequestration
• Proof of claims and asset tracing
• Representation in creditor meetings
Director & Stakeholder Risk Management
• Navigating director liability
• Compliance with the Companies Act
• Strategic advice before insolvency proceedings
• Negotiation and legal protection
Why Clients Choose Us in Financially Critical Moments
Insolvency proceedings are time-sensitive and legally complex. With Snaid & Morris, clients don’t just get experience—they get personal attention, legal foresight, and protection when it counts.
What Our Clients Are Saying
FAQs – Insolvency Law in South Africa
What is insolvency law, and who does it apply to?
Insolvency law governs situations where a business or individual can no longer meet their financial obligations. It applies to both debtors and creditors seeking legal resolution.
What’s the difference between liquidation and sequestration?
Liquidation applies to companies; sequestration is for individuals. Both involve asset distribution to satisfy debts under court supervision.
What is business rescue?
It’s a legal process to help financially distressed companies restructure and return to solvency without immediate liquidation.
How can Snaid & Morris help creditors?
We help recover owed funds through legal action, secure claims, and represent creditors in meetings, negotiations, or court.
Will insolvency affect my credit or ability to trade?
Yes, but each case differs. We advise on implications and options tailored to your long-term financial wellbeing.
Is my situation kept confidential?
Absolutely. We treat all insolvency consultations with full discretion and legal confidentiality.
Protect Your Financial Future with Legal Confidence
South African Business & Legal Resources
Companies and Intellectual Property Commission (CIPC): cipc.co.za
National Credit Act Overview: justice.gov.za
SAICA Business Rescue Resources: www.saica.co.za