Bankruptcy

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Bankruptcy
Govt Targets 200,000 Bankruptcy Discharges By Year-End
- 23rd June 2025
The government is ramping up efforts to give more individuals a fresh financial start, with a target of […]
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Bankruptcy
Over 5,200 Youths Declared Bankrupt Since 2020
- 13th March 2025
A total of 5,272 youths under the age of 34 have been declared bankrupt between 2020 and this […]
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Bankruptcy
Economist: Youths Trapped In Debt Due To Unemployment, Low Wages
- 8th June 2023
Economist Geoffrey Williams has said that young Malaysians are falling into bankruptcy due to two key reasons: unemployment […]
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Bankruptcy
MDI: Three Conditions For Insolvents With Small-Scale Debts To Apply For Early Discharge
- 2nd March 2023
The Insolvency Department has listed three conditions that must be met for insolvents with small-scale debt to apply […]
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Bankruptcy
Budget 2023: Govt To Amend Insolvency Act For Automatic, Faster Discharge Of Bankruptcy Cases
- 24th February 2023
In his Budget 2023 presentation today, Prime Minister Datuk Seri Anwar Ibrahim has proposed for the Insolvency Act […]
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Bankruptcy
Declining Bankruptcies In Malaysia Since 2018 Attributed To Debt Advisory Agencies, Financial Planners
- 27th October 2022
Latest data from the Malaysian Insolvency Department (MdI) indicated that the number of bankruptcies in the country has […]
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Bankruptcy
BNM Dispels Alleged Link Between OPR Hike And Rise In Bankruptcies
- 18th July 2022
BNM governor has stepped forth to dispel the alleged link between the increase in OPR and the rise in bankruptcies in the country.
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Bankruptcy
Further OPR Hikes May Cause 32,000 Borrowers To Go Bankrupt
- 12th July 2022
The Malaysian Association of Borrowers and Consumers Solution said as many as 32,000 borrowers may go bankrupt if the OPR continues to rise.
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Bankruptcy
PM Expresses Concern Over High Number Of Bankrupts Among Youths
- 27th June 2022
Prime Minister has commented that the growing number of bankrupts among Malaysian youths is a major cause for concern for the nation. 
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Bankruptcy
PM: Government To Review Bankruptcy Threshold
- 27th June 2022
Prime Minister Datuk Seri Ismail Sabri Yaakob has said that the government will review the country’s bankruptcy threshold, […]
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What Does it Mean to Be a Guarantor?
Diana Chai
- 18th December 2014
Many readers have asked us about what it means if they have agreed to be a guarantor for someone. In this article we answer that question and give you some advice on what you should do if you are thinking of becoming a guarantor.
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What Does it Mean to be Bankrupt?
Diana Chai
- 1st August 2017
How much do you know about bankruptcy? RinggitPlus delves into the dark world of bankruptcy and together with a bankruptcy lawyer help you to understand how this declaration really works.
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How to recover from being made bankrupt
Diana Chai
- 11th September 2013
We've previously written about what bankruptcy is and what it happens when you're made bankrupt. In this post we'll tell you how to get yourself back on the path to creditworthiness.
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How a Voluntary Arrangement Can Save You from Bankruptcy
Arnie Ruxana
- 7th February 2018
AKPK has recently added voluntary arrangement services to help Malaysians to avoid bankruptcy. Read on as we tell you the features of VA and how it can assist you in your debt management goals.