Bankruptcy (Amendment) Bill 2016 oh Bankruptcy (Amendment) Bill 2016

This Bill damn Kanasai...

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.

Excerpt:

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.

more details:

http://www.theedgemarkets.com/my/article/amendments-bankruptcy-law-passed

1 comments:

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