Bankruptcy release for 50,000 individuals in 5 years - Ahmad Zahid
For a start, 20,000 borrowers who had been declared bankrupt on technicality or for being a social guarantor would be free of the status in one year.
Sat Nov 04 2017
Dewan Negara approves amendments to Bankruptcy Act
the Bankruptcy (Amendment) Bill 2016 which was approved in the Dewan Rakyat on March 29, which among others, provide bankruptcy protection to social guarantors, was passed in Dewan Negara yesterday.
Thu Apr 27 2017
Parliament passes Bankruptcy (Amendment) Bill 2016
The Bankruptcy (Amendment) Bill 2016, which among others, protects social guarantors from being declared bankrupt, was passed by Parliament today.
Wed Mar 29 2017
2017 Budget: Government to amend Bankruptcy Act next year
Datuk Seri Najib did not list out specific details only that the amendments would be announced soon.
Fri Oct 21 2016
Guarantors should not be burdened with settling loans taken by others - Azalina
Minister in the Prime Minister's Department, Datuk Seri Azalina Othman Said said the Insolvency Department (MDI) was looking at matters related to the guarantor and the borrower.
Thu Aug 11 2016
Govt should become guarantor for My First Home Scheme applicants - UMNO Youth
The UMNO Youth wants the government to stand as guarantor for applicants under 'My First Home Scheme' who failed to get loan from financial institutions.
Thu Dec 10 2015
Over 107,000 individuals declared bankrupt from 2010 to April 2015
Among the main causes that led to bankruptcy are failing to pay for vehicle hire purchases, housing loans, personal and credit card loans, business loans as well as those who became guarantors.
Thu Jun 25 2015