From 30 k increase to 50 k...
Whether you hutang 30k or 50 k still DEBT...
What should we do???
Educate the young generations about Financial Planning.
To be PRUDENT in their SPENDING.
STOP PERSONAL LOANs.
Meanwhile, among the amendments to the original Bankruptcy Act 1967 that were passed under the bill are: the prevention of bankruptcy actions against social guarantors, and raising the minimum debt threshold for the initiation of bankruptcy proceedings to RM50,000 from the present RM30,000.