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> Bankruptcy in Malaysia, A Reality Check (Infographic)

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SUSJyunkai
post Dec 13 2013, 05:46 PM

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the car i wan cost 70k sad.gif
SUSJyunkai
post Dec 13 2013, 05:47 PM

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QUOTE(shinkawa @ Dec 13 2013, 05:34 PM)
i have a friend told me his plan

loan 9 years, have an investment aka those fixed deposit kinda stuff.
use the interest to help pay the car a bit.

but i still think it's bad idea. Still prefer second hand car not more than 40k
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9 year car loan just seem so ridiculous to me. thats using 1 decade just to buy a car
yeezai
post Dec 13 2013, 05:50 PM

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QUOTE(Jyunkai @ Dec 13 2013, 05:47 PM)
9 year car loan just seem so ridiculous to me. thats using 1 decade just to buy a car
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well some work gomen drive nice car but with 15yrs loan ...lol ...
Sophiera
post Dec 13 2013, 05:56 PM

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I wonder other countries that easy to bankrupt or not...
Renekton
post Dec 13 2013, 05:57 PM

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WTF man shocking.gif car loan so GG meh
yeezai
post Dec 13 2013, 05:57 PM

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QUOTE(Sophiera @ Dec 13 2013, 05:56 PM)
I wonder other countries that easy to bankrupt or not...
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wan easy bankrupt make the debt 10k la ...i bet 50% will bankrupt ..
ShinG3e
post Dec 13 2013, 05:59 PM

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QUOTE(Legolass @ Dec 13 2013, 05:49 PM)
you familiar the procedure to join auction? blush.gif
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call the bank officer for the dates of auction and get the list.

for more info, kindly visit <insert bank>
alwinnng
post Dec 13 2013, 05:59 PM

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Hahaha

Semua assets transfer to family members name

Owe ppl a few millions...declare bankrupt...no assets...tadaaaaa

Got nice cars..big houses.... mistresses...but baankrupt status...
shinkawa
post Dec 13 2013, 06:01 PM

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QUOTE(Jyunkai @ Dec 13 2013, 05:47 PM)
9 year car loan just seem so ridiculous to me. thats using 1 decade just to buy a car
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yes. 70k car cost like 90k if 9 years.
why not drive cheaper car and save that money for something else

open business or more investment
StereoPony
post Dec 13 2013, 07:03 PM

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no difference. i'm bankrupt everyday, every month. truestory
empyreal
post Dec 13 2013, 07:17 PM

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this is a good infographic.

as for car loans - the issue is that people buy cars that are above their means. its not just about people cant buy cars, its them buying beemers when they can only afford a myvi
yeezai
post Dec 13 2013, 07:21 PM

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QUOTE(ShinG3e @ Dec 13 2013, 05:59 PM)
call the bank officer for the dates of auction and get the list.

for more info, kindly visit <insert bank>
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ermm no use cause alot brokers waiting in auctions one...cant really get a good deal if dunno insiders...
ShinG3e
post Dec 13 2013, 07:23 PM

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QUOTE(yeezai @ Dec 13 2013, 07:21 PM)
ermm no use cause alot brokers waiting in auctions one...cant really get a good deal if dunno insiders...
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yea mang.

so called brokers = burung gagak scavengers loitering around the auction hall.

cry.gif

insider can la. illegal way. ask him "chop" first before proceeding with the list. brows.gif
Gamer88
post Dec 13 2013, 07:24 PM

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Haha, show off your VW lah, bankrupts.
icp
post Dec 13 2013, 07:24 PM

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QUOTE(maxizanc @ Dec 13 2013, 03:46 PM)
and why is this in /k?? laugh.gif
furryfluffy
post Dec 13 2013, 07:28 PM

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To impress ppl who dun care about u, n get into problem

laugh.gif
SUSHITMAN316
post Dec 13 2013, 08:21 PM

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Bankrap tak apa, gaya mesti ada.
Tak apa jika bankrap negara, janji Melayu masih berkuasa.
TSOM
post Dec 13 2013, 08:26 PM

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rubbish!!!!!!!!

1Malaysia is becoming a high income country soon!!!!!!

rclxm9.gifrclxm9.gifrclxm9.gifrclxm9.gifrclxm9.gifrclxm9.gifrclxm9.gif
alwinnng
post Dec 13 2013, 08:27 PM

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QUOTE(bereev @ Dec 13 2013, 07:11 PM)
there are a lot of bankrupt business man do this, that's why u can see many young talent hold CEO/director title own a bungalow drive Ferrari....

rich man bankrupt company close but money transfer to son account, he can help(remote) his son open new similar company with his son name and he only act as advisor without getting salaries and he can call his old friend, supplier, or customer support his son business or even his son can hire the similar ex-staff no problem DGI can do what ???

The bankrupt guys still leaving in a bungalow, driving Mercedes under his son name DGI can do what ?

when his son and families give him each month 10k cash to spend DGI can do what ......  laugh.gif  laugh.gif  laugh.gif 
I have seen even a bankrupt guys own ah long money and force to declare broken relationship with son so his son are not affected, son wedding not even invite father, but father still leave house and drive car with son name and took pocket money from son every month and still can enjoy life with PRC ...... doh.gif  doh.gif  shakehead.gif  DGI can do what ?????
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This one normal case

S class 7series guys alot...go out wear coat wear lolex also
Boldnut
post Dec 13 2013, 08:31 PM

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QUOTE(robertngo @ Dec 13 2013, 04:13 PM)
but under 30k cannot sue for bankrupt
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QUOTE(yeezai @ Dec 13 2013, 05:57 PM)
wan easy bankrupt make the debt 10k la ...i bet 50% will bankrupt ..
*

Last time really RM10K lah, dont know which idiot increase to 30K.

29K still a lot of money leh, if ur debtor dont wanna pay u, u cant mess their life also.


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