Our Insolvency Solutions
A Holistic Approach.
DEBT REPAYMENT SCHEME (DRS)
Are you drowning in debt and struggling to keep up with minimum sum payments? Are you experiencing :
❎ Constant phone calls from banks credit dept squeezing you with deadlines and minimum payments
❎ Never ending incurring of late fees and accrued interests adding onto your principal sums. You see no end to the bottomless pit even after paying off several years
❎ Receiving Demand Letters, Judgment Order, Writ of Summon, Writ of Seizure and even bankruptcy petition against you
❎ Harassment & pressure from debt collectors of licensed moneylenders visiting your home and calling your workplace / family members etc.
❎ Stress and anxiety affecting you and your family every day with no quality of life
If you are experiencing any of the above, it's time to STEP OUT and DO SOMETHING NOW.
You may think that needing more money is the only way out of debt, hence you fall into the debt trap further by taking more loans or credit facilities. THAT IS WRONG BELIEVING.
You do not need more money to get out of debt (unless you strike lottery or you inherit a large sum suddenly). The way out of debt is to have an effective scheme which works on what you can afford, not what you owe. A fixed repayment scheme based on your disposable income, with part of the principle & interests eliminated or reduced. How is this possible, you ask? Only DRS scheme from Ministry of Law, nowhere else. It doesn't involve more money or more loans. Talk to us to find out how.
RIGHT BELIEVING LEADS TO RIGHT LIVING.
Firstly, we are not moneylender. We do not loan you money.
So how to get out of debts without applying for a loan?
This scheme was implemented in 2009 by the government to help people avoid bankruptcy.
𝐃𝐞𝐛𝐭 𝐑𝐞𝐩𝐚𝐲𝐦𝐞𝐧𝐭 𝐒𝐜𝐡𝐞𝐦𝐞 (𝐃𝐑𝐒) is a Government Approved Program.
Possible reduction of up to 80% off principle amount (results vary across individuals).
Eligible Debts:
🎈 Credit Card Outstanding Loans
🎈 Bank Loans / Reno Loans
🎈 Licensed Moneylender Loans
🎈 Hire Purchase (outstanding from sale, auction or repossession)
🎈 Outstanding car rental (E.g PHV cars)
🎈 Outstanding Telco bills (terminated accounts)
🎈 Outstanding hospital bills
🎈 Furniture / air-cond installation or similar instalment plans
🎈 Govt Co-Op Loans
🎈 Any Other Unsecured Loans
🎈 Any Other Personal Liability
🎈 Stop Harassment From Creditors & Debt Collectors effectively
You are eligible if you are:
> Singaporean / PR / Foreigner on Employment Pass or Work Permit
> Has total debt of $15,000 to $150,000
> Employed / Self-employed (including business owners & freelancers) or has a regular income
> Is not a bankrupt or under any court-arranged payment scheme within the past 5 years
BANKRUPTCY CONSULTATION & ADVISORY
IF BANKRUPTCY IS THE ONLY WAY OUT, THEN KNOWING THE DIFFERENCE BETWEEN SELF-PETITIONING AND BEING SUED BANKRUPT IS A LIFE CHANGING DECISION.
☑️ ACTING BEFORE YOUR CREDITORS DO IS KEY.
☑️ Take control, protect yourself and your family's interests.
☑️ Don't let your creditors go all the way.
☑️ Don't let your creditors take everything.
☑️ Don't believe old wives tales on what you cannot do as a bankrupt. Learn tips and tricks legally.
☑️ How to deal with debt collectors effectively & legally.
☑️ Know the difference between Public Trustee (OA) & Private Trustee
☑️ Know about Red Zone & Green Zone and how it will affect your lifestyle and needs.
☑️ Be empowered with legal knowledge of what you can do or cannot do as a bankrupt. We provide a comprehensive lifestyle guide to being a bankrupt.
☑️ Restore your lifestyle to normal. It's easier than you think.
We are the leading specialist in pre-bankruptcy consultancy. If bankruptcy is the best exit plan, then max it to your benefits, not your creditors'. Set up a complimentary discussion with us to find out more.
BANKRUPTCY SELF-PETITION
IF YOU ARE ON THE VERGE OF BANKRUPTCY, OR CONSIDERING IT AS A MEANS TO AN END, ACT FAST TO DIFFUSE YOUR FINANCIAL TIME BOMB.
Understand how bankruptcy works and how it can be used to your advantage. Find out the truths and myths about bankruptcy in Singapore and how it can be a lifeline to restore your life:
❎ Personal or business debts $150,000 or above
❎ Receiving Demand Letters, Judgment Order, Writ of Summon, Writ of Seizure and Bankruptcy Petition / Statutory Demand against you
❎ Harassment & pressure from debt collectors visiting your home and workplace / family members etc.
❎ Stress and anxiety affecting you and your family every day with no quality of life
IF BANKRUPTCY IS THE ONLY WAY OUT, THEN KNOWING THE DIFFERENCE BETWEEN SELF-PETITIONING AND BEING SUED BANKRUPT IS A LIFE CHANGING DECISION.
☑️ ACTING BEFORE YOUR CREDITORS DO IS KEY.
☑️ Take control, protect yourself and your family's interests.
☑️ Don't let your creditors go all the way.
☑️ Don't let your creditors take everything.
☑️ Don't believe old wives tales on what you cannot do as a bankrupt. Learn tips and tricks legally.
☑️ Know the difference between Public Trustee (OA) & Private Trustee
☑️ Restore your lifestyle to normal. It's easier than you think.
We are the leading specialist in pre-bankruptcy consultancy. If bankruptcy is the best exit plan, then max it to your benefits, not your creditors'. Set up a complimentary discussion with us to find out more.