Tenza owns a solar installation and maintenance business

Subject:LawPrice: Bought3

Share With

Tenza owns a solar installation and maintenance business. During the covid-19 pandemic lockdown period, his business suffered financially. As a result, his estate has been provisionally sequestrated. Tenza's trustee informs him that he may enter into some form of arrangement with his creditors to stop the sequestration process from running its full course. Advise Tenza on the two forms of arrangements that he may enter into with his creditors. In your answer explain the differences between the two procedures