A bankrupted family member got fined under the bankruptcy act for leaving singapore without permission of official assignee. What is the consequences if we are unable to pay the fine? Can a family member loan the sum of money to the bankrupt, with an IOU?
asked 2 weeks ago
Hi, my Singapore PR sign under my father name, if now he facing bankrupty will my Singapore PR been take back?
asked 6 weeks ago
If I declare bankrupt, and my wife is waiting for her citizenship ceremony,to take her pink IC on hand.she already had a Singapore passport but she only got a temporary slip to prove that she has a Singapore IC. Will my declaration of bankrupt affect her
asked 23 weeks ago
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 1 month 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?
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 2 months 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?
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
asked 3 months ago
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 4 months ago