I believe that if AKPK already ask you to make the 1st payment, that should mean that you already qualified. We shouldn't be paying the banks anymore as AKPK already make the deal with the bank(s). When I first enrolled with AKPK, the banks keep calling me forcing me to pay. I reported to AKPK. After that, all the calls stopped coming in.

Are you one of the successful stories?

I'm not sure my question been answered or not...but like samsungXP bro asked, if we enrolled (waiting for confirmation), we still have to pay the minimum payment to all the pending banks? Usually how long AKPK will process our application? 1 month? 3 weeks? 2 weeks?

Thanks....

I enrolled mine 3 years ago. Went to briefing, submitted all the necessary documents and 3 weeks later got a call from them saying that my application was successful.

Just a question here.. do you guys pay AKPK 1st before knowing your application is successfull or not? Is that the procedure AKPK currently practice? Thats wierd

I'm not sure...I'm planning to go only....that's why I'm curious whether we should pay the bank during the processing time...any idea guys...

AKPK will only collect payment on behalf of the banks upon successful enrollment. Prior to that the customer is in actual fact still obligated to pay the banks. Thus my initial comment which stated "Be it with or without AKPK debt restructuring, one is supposed to pay the minimum due."

AKPK will send the names and arrangement to the banks on the payment rescheduling upon successful enrollment into the program. Even before that when they assess the customer, they would also have inquire the banks on the customer's outstanding for them to work out the repayments. Thus banks will know if one approached AKPK. However does collection calls stop in between, that I am not sure thus my comment: " Else I believe collection calls will still continue to come.".

You may want to consult AKPK when you visit them for initial meetup.

I just visited akpk website here: http://www.akpk.org.my/services/debt-manag...ication-process

whoa.. now so many process before the confirmation of application.. 3 years ago I just walked into BNM and straight away got the one-on-one counselling session But the one thing that I remembered is that the counselor re-assured that once we agreed with the DMP plan, sign the documents and made the 1st payment, it is officially confirm. Banks cant ask money from us anymore. Akpk is under BNM and BNM is the boss. Banks have to follow wht the boss says.

Just a reminder new enroller.. dont ever missed paying your DMP. No second chance beb. Peace.

Thanks a lot of your replies...I really appreciate it.

I dont know but I actually giggles when I saw this, successful and akpk doesnt seems to match, people usually enrol into akpk when everything else "fail"

got some inquiry need to ask here for those apply for dmp nline b4.i got a cc and inside the cc got some dial for cash.so at the dmp online i need fill up all the dial for cash or juz the cc?coz the dial for cash also got acc number different from the cc

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Added on July 21, 2012, 9:42 amafter we make 1st payment to akpk while waiting for the application status but how if reject?

This post has been edited by samsungXP: Jul 21 2012, 09:42 AM

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Added on July 21, 2012, 9:42 am
after we make 1st payment to akpk while waiting for the application status but how if reject?

[/quote]
If im not mistaken, you only pay after signing the DMP agreement. Did you sign the DMP agreement at BNM already? If yes then your application should be a successful one. Unless AKPK practicing a different procedure now.

This post has been edited by Art Hour: Jul 21 2012, 07:38 PM

[quote=Art Hour,Jul 21 2012, 07:32 PM]

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Added on July 21, 2012, 9:42 am
after we make 1st payment to akpk while waiting for the application status but how if reject?

[/quote]
If im not mistaken, you only pay after signing the DMP agreement. Did you sign the DMP agreement at BNM already? If yes then your application should be a successful one. Unless AKPK practicing a different procedure now.

[/quote]
they told me fill in the DMP online and make 1st payment within 10 days after fill in the DMP online

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Added on July 22, 2012, 12:31 pm[quote=samsungXP,Jul 21 2012, 09:30 AM]
got some inquiry need to ask here for those apply for dmp nline b4.i got a cc and inside the cc got some dial for cash.so at the dmp online i need fill up all the dial for cash or juz the cc?coz the dial for cash also got acc number different from the cc

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Added on July 21, 2012, 9:42 am
after we make 1st payment to akpk while waiting for the application status but how if reject?

[/quote]
anyone can give answer that dial for cash need to fill in on dmp or juz the cc?

This post has been edited by samsungXP: Jul 22 2012, 12:31 PM

Don't understand... Pay what payment? How much to pay? What payment is that?
U better call them up and update here later. No point asking herre without getting answers and you stalled yourself for days.

they say after do 1st payment then only they help u summit the dmp application

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Added on July 22, 2012, 7:39 pmyes we need to pay akpk 1st b4 they process our application

This post has been edited by samsungXP: Jul 22 2012, 07:39 PM

1st payment.. What 1st payment?
They haven't even assess how much you owe? So what is this 1st payment? Is it their processing/enrolment fees or something?

after briefing we make appointment meet the counsellor.then we bring all our bank document.the counsellor will count all the debt and tell u how much need to pay monthly.after that they ask u to fill all those debt with bank in dmp online.then after fill in within 10 days u need to make the 1st payment then only they will process your application.so u need to wait for the status.last time procedure not like that?

This post has been edited by samsungXP: Jul 22 2012, 10:29 PM

last time i went through different procedure..
1st - briefing
2nd - counseling appointment - agree on DMP plan, fill up forms & bank in 1st payment (using maybank CDM), return all forms with attached bankin slip, then sign agreement (this confirms the success of enrollment)
3rd - pay AKPK on monthly basis.

my opinion for the current DMP process, if you agreed on the DMP plan (i dont know if you signed any agreement during the counseling session or not..did you?), then only they will give you a user id and password to log in to the website right? (i dont think they will give any user id and pword to those who are not eligible for the DMP during the counseling session right? pls correct me if im wrong on this). This is just my opinion though, if you want to be sure, the best thing is to call AKPK directly.

they got give me id and passwd to log into dmp.but i think never sign any agreement yet

I advice, don't join AKPK... Later you will be more sad

no choice then muz join or u wan bankrupt

Yes, I know that.... If credit card problem then don't choose AKPK