abc came to my office as a bankcruptcy 25yrs ago for hard cash himself;
issued me chqs whch bore wife's name. we were colleagues before.
Sometimes it is the women tat cause men to be bankrupt.
I used to have a buddy whose wife everyday complain to him why they cannot buy a car? She also want to buy a condo because many of the friends stays in one. The problem is, she is making my buddy pay for everything that the family use and also need to give her monthly allowance (although she works). They also need to have overseas trip twice a year.
My friend become very stress because all of his monthly pay is used on the family and he has no savings. He is constantly worried because he has nothing for retirement and everyday nagged by the wife on how useless he is because no car and no condo. I think if he had gave in to the wife and bought a car and condo, I'm sure he would have been a bankrupt too.
Sadly, despite so, a few years later, he was diagnosed with cancer and died within 6 months. It must have been the stress because they quarrel frequently about what the WIFE wants.
Let me guess.. That must be a sinkie wife.. So marry a wrong woman will shorten your lifespan.
Sometimes it is the women tat cause men to be bankrupt.
I used to have a buddy whose wife everyday complain to him why they cannot buy a car? She also want to buy a condo because many of the friends stays in one. The problem is, she is making my buddy pay for everything that the family use and also need to give her monthly allowance (although she works). They also need to have overseas trip twice a year.
My friend become very stress because all of his monthly pay is used on the family and he has no savings. He is constantly worried because he has nothing for retirement and everyday nagged by the wife on how useless he is because no car and no condo. I think if he had gave in to the wife and bought a car and condo, I'm sure he would have been a bankrupt too.
Sadly, despite so, a few years later, he was diagnosed with cancer and died within 6 months. It must have been the stress because they quarrel frequently about what the WIFE wants.
Sometimes it is the women tat cause men to be bankrupt.
I used to have a buddy whose wife everyday complain to him why they cannot buy a car? She also want to buy a condo because many of the friends stays in one. The problem is, she is making my buddy pay for everything that the family use and also need to give her monthly allowance (although she works). They also need to have overseas trip twice a year.
My friend become very stress because all of his monthly pay is used on the family and he has no savings. He is constantly worried because he has nothing for retirement and everyday nagged by the wife on how useless he is because no car and no condo. I think if he had gave in to the wife and bought a car and condo, I'm sure he would have been a bankrupt too.
Sadly, despite so, a few years later, he was diagnosed with cancer and died within 6 months. It must have been the stress because they quarrel frequently about what the WIFE wants.
I see many businesses closing from Shops to stalls at hawker centers. Things are really bad in Spore. That's is why there are so many desperate people who want to get their CPF.
By denying people their CPF the PAP are asking for trouble. We will see by the next GE how much trouble
I see many businesses closing from Shops to stalls at hawker centers. Things are really bad in Spore. That's is why there are so many desperate people who want to get their CPF.
By denying people their CPF the PAP are asking for trouble. We will see by the next GE how much trouble
bankruptcy in USA, the land of the free is nothing. They just start all over again.
bankruptcy in singapore,well, i feel sorry for them. If they were born in USA, things will be so different.
Sometimes it is the women tat cause men to be bankrupt.
I used to have a buddy whose wife everyday complain to him why they cannot buy a car? She also want to buy a condo because many of the friends stays in one. The problem is, she is making my buddy pay for everything that the family use and also need to give her monthly allowance (although she works). They also need to have overseas trip twice a year.
My friend become very stress because all of his monthly pay is used on the family and he has no savings. He is constantly worried because he has nothing for retirement and everyday nagged by the wife on how useless he is because no car and no condo. I think if he had gave in to the wife and bought a car and condo, I'm sure he would have been a bankrupt too.
Sadly, despite so, a few years later, he was diagnosed with cancer and died within 6 months. It must have been the stress because they quarrel frequently about what the WIFE wants.
More failing to repay mortgages on time - The number of borrowers with delinquent mortgages - accounts that have not been paid for more than 30 days - hit 4,186 in May, up 20 per cent from the 3,340 a year earlier, the Credit Bureau told The Straits Times.
http://j0035001-1.blogspot.sg/2014/07/more-failing-to-repay-mortgages-on-time.html
The borrowers face delinquent mortgages before any spike in interest rates. We can only attribute this phenomenon to another 2 reasons:
- Poor yields/demand for residential rentals, just sufficient to cover loan-interests and maintenance fees.
- Speculators who bought their 2nd or 3rd properties in the last 2 years, will face Seller's Stamp Duties if they offload immediately. By definition "Taxes" are meant to be imposed on profits, but Stamp Duties (SD) apply to overall selling price. As such, this group of delinquent buyers are now contemplating whether to realize their paper losses + SSD or hang-on for a while more.
Based on what I read, and know, the bankruptcy legislation in Singapore is very unforgiving.
In Canada, a majority of the personal bankruptcies do not require a notice in the newspaper, and the stigma is no longer there.
But there are many repeat bankruptcies, second timers, third timers, in the past decade, probably due to casinos and high credit card debt.
More and more seniors (age 65 and better) have also gone bankrupt.