sequestration

Bankruptcy by mistake – who pays?

What started out as a minor dispute over plumbing work for $2,880 descended into the plumber obtaining a judgment for

“Related parties par excellence – company controlled by a wife on the one hand and the husband on the other”

When you are employed by your spouse’s company, and you attempt to resist bankruptcy based on your remuneration and support

Bankruptcy – ‘the Court looks with suspicion on consent judgments and default judgments’

It is not often that a bankruptcy court will go behind the judgment upon which the creditor’s petition against the

Too poor to be made bankrupt?

Most bankruptcies pay nothing to unsecured creditors. But there are only limited circumstances where a debtor can resist bankruptcy by