Hi, I would like to ask about the following:
1) What happens to the HDB if the undischarged bankrupt passes away? Does Official Assignee holds onto the house even if there is a will that states to be passed on to the children?
asked 14 weeks ago
my spouse is in credit card debts and cannot pay up. She is a Private Hire Grab driver and we set up a Partnership company with the only asset in the partnership being the car. Will creditors possess the car in this instance if she is made a bankrupt?
asked 18 weeks ago
Status undischarged bankrupt ex SPR left country with OA approval on 2011 but have not return, can he enter singapore in future with his foreign passport? Since SPR & REP already expired.
asked 25 weeks ago
Is there any restriction for undischarged SPR to withdraw CPF after renounce Permanent Resident Status?
If I am declared bankrupt, will I be forced to sell the joint HDB flat? How will my family be affected?
asked 2 months ago
I self declared and was adjudged bankrupt on 28/1/16 after I lost my job in Jul 15. Bank now want to take back the mortgage loan but I have been paying instalment on time without fail. Can the bank still force me out. My OA have no intention to force me
If my spouse is sued bankrupt, will we be forced to sell a jointly owned private property? If I contribute more to the payment of the property, when the property went into force sales, how would the sales proceeds be distributed?
asked 3 months ago
Will ICA allow me to renounce by Singapore PR even if I am an un-discharged bankrupt? If yes, will CPF allow me to draw my CPF monies and to use CPF monies to pay off outstanding liabilities from bankruptcy and any balance from IRAS?
asked 5 months ago
My husband has incurred debt in China. Is the lawyer in China able to demand his legal wife to sell her property in Singapore to pay his debt?
Is the insurance payout of life policy (if death/disability/illness) protected from creditor? If a bankrupt receives half of property as an estate when his parent pass away, will he be forced to sell his 50% share to pay creditor?
asked 6 months ago