This fact sheet explains what sequestration orders are, the consequences and what to do if you receive one.
A sequestration order is an order handed down by the court which makes you bankrupt. Once you’ve received a sequestration order, a trustee will manage your assets. Before deciding whether to challenge a sequestration order by seeking a review, consider the consequences of bankruptcy.
This fact sheet covers:
What is a sequestration order?
What happens when I receive a sequestration order?
When and how to apply for a review of your sequestration order.
