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New bankruptcy rules kick in from August

Minimum debt for someone to be made bankrupt raised to S$15,000 from S$10,000
Thursday, July 28, 2016 - 05:50
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New rules under Singapore's bankruptcy framework to create a more "rehabilitative environment" for bankrupts will come into force from August, the Ministry of Law (MinLaw) said on Wednesday.

Singapore

NEW rules under Singapore's bankruptcy framework to create a more "rehabilitative environment" for bankrupts will come into force from August, the Ministry of Law (MinLaw) said on Wednesday.

The minimum debt amount that needs to be owed before a person may be made

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