South African insolvency law

id: south-african-insolvency-law-237-3361684
title: South African insolvency law
text: Insolvency in South African law refers to a status of diminished legal capacity imposed by the courts on persons who are unable to pay their debts, or whose liabilities exceed their assets. The insolvent's diminished legal capacity entails deprivation of certain of his important legal capacities and rights, in the interests of protecting other persons, primarily the general body of existing creditors, but also prospective creditors. Insolvency is also of benefit to the insolvent, in that it gran
brand slug: wiki
category slug: encyclopedia
description: Handling of persons who are unable to pay their debts
original url: https://en.wikipedia.org/wiki/South_African_insolvency_law
date created:
date modified: 2024-02-08T13:24:42Z
main entity: {"identifier":"Q17054007","url":"https://www.wikidata.org/entity/Q17054007"}
image:
fields total: 13
integrity: 14

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