Voluntary surrender is a legal solution for clients that suffer from insurmountable debt.
The debtor is relieved from the obligation to pay his or her creditors under the insolvency act. By voluntary surrendering to the estate to the master of the high court, the debtor will rid up to 80% of the debt. The balance gets paid over 18 to 24 months interest free.
January, 2025
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August 26,2019
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