John Smith is declared insolvent and his estate is sequestrated. He is married in community of property to his wife, Maria Smith. Maria approaches you for advice. Advise Maria on the effects the sequestration will have on John (the insolvent)'s property and ability to hold certain offices as well as the effect on his spouse's estate. 

Explain the various consequences of sequestration. You should also make mention of which property is excluded in the insolvent estate.

Answer rating: 100% (QA)

Certainly Maria Smith should be aware of the various consequences of John Smiths sequestration and its impact on their property and legal positions 1 ... View the full answer