Insolvency Law

At W Langson & Associates Inc., we provide strategic legal services in the field of insolvency law, guiding individuals, businesses, and creditors through the legal processes associated with financial distress and debt resolution. Our focus is on protecting the rights of our clients while ensuring that all proceedings comply with South African insolvency legislation and ethical standards.

For Individuals

We assist individuals facing overwhelming debt with legal options to achieve financial relief:

• Voluntary Sequestration
  Advising on the benefits and implications of voluntarily surrendering an estate, and assisting with court applications to declare an individual insolvent.

• Rehabilitation Applications
  Assisting clients in restoring their legal and financial standing following sequestration through the rehabilitation process.

• Debt Relief and Restructuring
  Exploring alternative dispute resolution and structured payment arrangements before resorting to insolvency proceedings.

For Companies and Close Corporations

We represent companies in financial distress and assist stakeholders during winding-up processes:

• Voluntary and Compulsory Liquidations
  Guiding directors and creditors through the process of applying for liquidation, whether initiated voluntarily by the company or compelled by creditors.

• Business Rescue Proceedings
  Advising on the initiation and implementation of business rescue, in terms of Chapter 6 of the Companies Act, to rehabilitate financially distressed companies.

• Directors’ Duties and Liability
  Providing legal counsel on directors’ responsibilities during insolvency and potential risks of personal liability.

For Creditors

We act on behalf of creditors seeking to recover debts owed by insolvent individuals or businesses:

• Claims in Insolvent Estates
  Assisting with the preparation and lodging of claims against insolvent estates and participation in creditor meetings.

• Challenging Preferential Transactions
  Pursuing legal remedies where debtors have made voidable or suspicious payments prior to sequestration or liquidation.

• Asset Tracing and Recovery
  Identifying and recovering assets unlawfully removed from insolvent estates or hidden from creditors.

Legal Compliance and Court Representation

Our insolvency law services are fully compliant with the Insolvency Act, the Companies Act, and the National Credit Act. We appear in the High Court and other relevant forums to institute or oppose insolvency-related applications and to protect our clients’ legal and financial interests.

Why Choose Us

Insolvency matters require sensitivity, precision, and a firm grasp of financial and legal risk. At W Langson & Associates Inc., we deliver reliable, tailored solutions—whether you’re navigating insolvency, initiating debt recovery, or seeking financial restructuring. We help our clients move forward with clarity and confidence.