The sequestration order will be noted on your credit file with credit agencies like ITC/Transunion and Experian. Any creditor that does a credit check will see this and then see you as high risk and decline your application. So to be able to take on credit again, you want this note removed from your credit file. You can do this by applying at court for the sequestration order to be lifted.

The court will only lift the sequestration order if you can show you have rehabilitated. You will be able to show this if enough time has passed since your sequestration and that you have a steady income with expenses less than your expenses. In other words, that you have a good and stable financial standing.

Please note that you do not have to pay back any of your old debt when you sequestrated. Many attorneys might tell you this, but it is not true. Many of our clients had debt worth millions of rand and rehabilitate successfully.

The normal time period that must pass is 4 years. So 4 years after the date of your sequestration order you may ask the court to remove the sequestration order. You need to ask an attorney to help you proof that you have rehabilitated. All this will happen in court and with the help from our attorneys.

Rehabilitation can happen sooner, like 6 months, but then there are special situations. You must have repaid all debt or non of your creditors could proof that you had debt with them.