Serious Bankrupt Owe $$$$ to Courts ...Please Guess???

[eatshitndie]

and these are still standing today. from fishing village to 21st century metropolis.

 

[eatshitndie]

whole seaside kampung is preserved. i'm sure if any abang wishes to live there, he's more than welcum.

 

[halsey02]

You can give them a kampung like that, they will still buy S$11,000 worth of anything from COURTS. The kampung houses may even have Satellite Dishes, solar panels & wind turbines, they will still owe money borrowing from somewhere or buying things on Hire Purchases. You can take a person out of the 'kampung, but not the kampung' out of that person.

It is not where you live, it is who you are.

 

[bobby]

Even this one HP from Courts.....

 

[Wunderfool]

He bought the Samsung 88" UHD 4K SMART QLED TV and mount it on the entire wall.

 

[halsey02]

He bought the Samsung 88" UHD 4K SMART QLED TV and mount it on the entire wall.

But Electricity Bill & Water Bill not paid, potong, can only sit & stare at the big black screen...but 88" shiok! to look at!

 

[scroobal]

Courts made a fortune from the Malay community. Years ago they invented the concept of micro loans within even realising it. The instalments payment were so low but the penalties and late fees were the prize. The British owners even roped in a Minister of State as a board member to add respectability to their business.

 

[glockman]

Sole breadwinner security guard facing bankruptcy due to $11000 Courts loan
Post Published: 10 October 2017
Author: admin
Found in section: Email A Counsellor, Highlights, Latest Articles


Hi Gilbert,

I’ m at my wit’s end. I need your advice on what to do. I don’t have anyone to turn to for help. I”m Ali, age 41 the only breadwinner in the family and working as security guard bringing back $2k.

My wife is not working, I have 3 children schooling all in secondary school. My wife did try to find a job to help me but until now she is jobless. We live in a 1-room rental flat. The problem started when I received a letter from Courts, I’m owning $11k – that was more than 10 years ago in my 1st marriage.

I did call Courts, they demanded me to clear at least half of the $11k if not they will declare me as a bankrupt. As I have told them I have no lump sum to pay. I can only afford to pay $200 per month. But they deny me saying that they will not entertain my request.

Gilbert, I can’t ask for help from my family and wife’s family as before we were married my life was haywire. I went in and out from jail many times. After 2nd marriage for about 4 years, I’m on my right path.

I also did apply for BTO flat and will get keys in 2 years’ time. My wife has already paid $30k for the deposit of our flat through CPF. And I can’t afford to be bankrupt.

Please help to save my family Gilbert. I don’t know what else to do. I thought of doing 2nd job but I am already working 12 hours a day. Hope to hear from you soon Gilbert, thank you for your time.

Ali

There is no cure for stupidity. And when you are stupid and greedy, you should just really go kill yourself.

 

[sweetiepie]

There is no cure for stupidity. And when you are stupid and greedy, you should just really go kill yourself.

my uncle say people who go for no or low interest hp are the smelliest people on earth.

 

[Scrooball (clone)]

Owe $11,000 from 10 years ago, still haven't pay? Do u believe his talk cock sob story? If he had really intended to repay the loan, setting aside $200 per month over the past 10 years would have cleared this debt easily. In fact, if the little lying bastard had set aside $200 a month, he would have $24,000 after 10 years.

 

[bobby]

Courts made a fortune from the Malay community. Years ago they invented the concept of micro loans within even realising it. The instalments payment were so low but the penalties and late fees were the prize. The British owners even roped in a Minister of State as a board member to add respectability to their business.

Now they can even rope in a half Malay to add more credibility and selling point to the Malays...

 

[Scrooball (clone)]

There is no cure for stupidity. And when you are stupid and greedy, you should just really go kill yourself.

We all need these people to be the bottom feeders in our society. Otherwise, who is going to deliver your warm pizza?

 

[Wunderfool]

I noted a number of Malays who do not earn much, but their homes are decorated like royal houses. Many of them are using hired purchase to fund their home furniture and decorations.

The Chinese has a saying “want nice , don’t care about life .’

 

[halsey02]

Owe $11,000 from 10 years ago, still haven't pay? Do u believe his talk cock sob story? If he had really intended to repay the loan, setting aside $200 per month over the past 10 years would have cleared this debt easily. In fact, if the little lying bastard had set aside $200 a month, he would have $24,000 after 10 years.

The sob story has holes in them...for courts to give him a credit line of $11,000 or was that accumulated loan fees over the years, that maybe a few thousands ballooned to a large amount?. In the 10 years, he fathered 3 kids & now, his wife has enough money in CPF to apply for a BTO...how about the wife?...she must be working every month right?