Our Debt Solutions
Regain your financial freedom
We help you understand your debt relief journey
At Pinnacle Debt, we understand that facing financial difficulty can be a stressful and overwhelming experience. We offer expert guidance and expert support in navigating two key debt solutions in South Africa: Voluntary Surrender of Estate and Sequestration.
Our experienced debt consultants will carefully assess your situation and provide clear explanations of each process, helping you make informed decisions about your financial future. We are committed to helping you find the best path towards a fresh start and lasting financial stability.
Voluntary Surrender of Estate
Voluntary Surrender of Estate (VSOE) is a process whereby an over-indebted individual applies and commits to a repayment term of between 6 and 24 months.
Once approved, the candidate will then pay the monthly contribution amount as agreed, interest-free, into a trust account to ensure your money is kept secure, A Trustee is appointed by the court.
One of the advantages of VSOE is that your monthly payments are often lower than your original debt obligations, and they’re interest-free. This can provide much-needed breathing room while you work towards a debt-free future.
Sequestration
Sequestration is a legal process whereby your assets are sold by a Trustee appointed by the Master of the High Court and the proceeds are used to pay your creditors.
After sequestration, your debts are deemed to have been written off. Your creditors are no longer allowed to demand payment from you as their rights now vest in the Trustee. You will now be able to live a normal financial life, debt-free.
Once approved, you will then pay the monthly contribution amount as agreed, interest-free, into a trust account to ensure your money is kept secure, A Trustee is appointed by the court.
We’ll Contact You!
Complete our quick and easy online form to request a consultation with one of our consultants. It’s never been easier to take back control of your finances.