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Akta Had Masa, Not servicing credit service 6years++
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TSB0ss_ku
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Nov 11 2023, 09:29 PM, updated 3y ago
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Getting Started

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So is it really if not servicing the credit (aeon/singer etc) for more than 6 years, under the law it's consider as bad debt and hence they cannot charge you under the court even if you don't pay?
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TSB0ss_ku
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Nov 11 2023, 09:43 PM
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Getting Started

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QUOTE(gladfly @ Nov 11 2023, 09:40 PM) Basically yes. 6 years start to run from breach..ie from the date you are supposed to pay the last sum due. However if in between any period during 6 years, any part payment made or admission made will revive the 6 years. So if any psyment made ..the 6 years will reset from the date of payment So any claim by 3rd party debt collectors say will proceed to court is no need to entertain?
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TSB0ss_ku
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Nov 12 2023, 12:45 AM
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Getting Started

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QUOTE(unknown_2 @ Nov 11 2023, 10:37 PM) usually financial institution will sell these debt to "legal ah long" anyway. then u sum cry father cry mother when kena harassed by ah long. I am not afraid harrassed by along...more afraid harrassed by lawyer kek
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TSB0ss_ku
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Nov 12 2023, 01:44 PM
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Getting Started

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QUOTE(gladfly @ Nov 11 2023, 09:40 PM) Basically yes. 6 years start to run from breach..ie from the date you are supposed to pay the last sum due. However if in between any period during 6 years, any part payment made or admission made will revive the 6 years. So if any psyment made ..the 6 years will reset from the date of payment So no court action can be taken right? Any court action claim by 3rd party debt recoverer can be ignored yes? And if they WhatsApp me with those LOD demand letter I can even troll them back say I know the Akta had Masa and I don't need to pay you a single cent and there's nothing you can do about it? What if they post it to social media and say I hutang tak bayar, can I use them for defamation? This post has been edited by B0ss_ku: Nov 12 2023, 01:45 PM
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TSB0ss_ku
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Nov 16 2023, 05:51 AM
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Getting Started

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QUOTE(insan_kamil @ Nov 16 2023, 01:03 AM) Useful thread and lots of good information. But to those that have it in them to borrow and skimp about for next 6 years, man what kind of losers are you people. I understand trying to play through loop holes but at least have some honor when going about in life. Tell that to politicians who you voted for Like langkah Sheraton Or jump party Don't blame us Blame the lawmaker
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TSB0ss_ku
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Nov 16 2023, 12:10 PM
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Getting Started

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QUOTE(accordvtec @ Nov 16 2023, 11:08 AM) doesnt matter. they would still sue you out of it. But can they win the case?
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TSB0ss_ku
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Nov 16 2023, 07:04 PM
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Getting Started

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QUOTE(accordvtec @ Nov 16 2023, 12:21 PM) Then what is the Akta masa is for?
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