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HOW WILL MY SALARY BE AFFECTED AFTER SEQUESTRATION?

HOW WILL MY SALARY BE AFFECTED AFTER SEQUESTRATION?

  • In terms of Section 23(5) of the Insolvency Act 24 of 1936 the appointed trustee can attach any part of your salary which the trustee deems not necessary for your normal expenditure. This rarely happens.
  • Generally, after sequestration no creditor can attach your salary whether by using a garnish order or otherwise

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