The rehabilitation of an insolvent puts an end to the sequestration and relieves the insolvent of every disability resulting from the sequestration. It also discharges all the debts of the insolvent, which were due, or the cause of which had arisen, before the sequestration. Subject to complying with certain requirements, an insolvent can be rehabilitated. Rehabilitation however occurs automatically upon the expiry of ten years from the date of sequestration.
In other instances an application to the High Court is needed. There are various factors that the court would consider before granting a rehabilitation order. Generally this can happen four years after the date upon which the insolvent's estate was sequestrated. In certain circumstances this can happen sooner.Contact Insolvency Division