can we open saving accounts / current accounts once one under akpk?

If someone didn't pay their credit card debt. Run away so that bank couldn't find them. Will this person consider bankrupt?

Nope until the bank take the legal action and finally obtain the bankruptcy order from the court.

Will the bank waste their time to do that?  With just like 20k credit card debt.

I just found out that a relative of mine is having debt issue. His bank account has just been frozen because he did not settle his car loan many years back. The car was auctioned off when the bank repossesed it then but I heard from my relative that there is still outstanding balance to pay which he failed to do so as he was unemployed most of the time since he lost the car.  He recently found a job but he is unable to provide the company with a bank account for his salary to be credited in.  As such he had to turn down the job.  How would APPK be able to assist in this matter?

I'm planning to go to AKPK this few weeks time. I got a lot of question to ask them as I'm curious about how they can help those with a lot of debt on their cc.

Anyone got anything ask from AKPK can let me know and I'll asked the Q for you.

I've tried to search AKPK in LYN but no one have a lot of answer about it.

So far, I can think of these few Q to ask them

1) is it true they can help us to consolidate all our debt into a 0% affordable payment? 

2) will CTOS learn about this? as you know, once your name in CTOS, its hard to remove it 

3) would they hold our passport like those declared bankrupt? 

4) what happen to all our credit card once we accepted AKPK offer? they cancelled it all or just put on hold? if put on hold, the yearly charges still need to pay?

5) can we ever apply cc again after AKPK

6) how many years can they make the installment payment?

7) how much we need to payback to them....is it still 5%?

If anyone here have gone to AKPK and know the answer, I would greatly appreciate it. no need for me to waste my leave just to ask them this Q

Under akpk still can apply for Aeon installment plan to buy eletrical product?

hi,

I already with AKPK Program Since March 2008!

But I find that my debts wasn't reducing much!!!

Just checked with CitiBank, my total debts with them when i joined AKPK Program is around RM6.5k, and told me as of today, i still have RM 3740 outstanding balance with them! Something definately not right here!

As for HLB account, AKPK is paying them late; and they are charging me late payment interest monthly! I have highlighted this to AKPK Consultant who handle my case before, he just said they can waive it when you do settlement! Question is, most of the ppls under AKPK program is already having issues with their financial, to come out from it is not easy, how to save up so much $$$ to pay off?! And you cannot selectively do settlement to the once you affort to settle for now, if you want to do settlement, you have to settle all the ban you have registered under AKPK!

Appreciate those who knows better to advice me, or correct me if I am wrong! As I am lost... I have lost faith with my AKPK Consultant!

hi,

I already with AKPK Program Since March 2008!

But I find that my debts wasn't reducing much!!!

Just checked with CitiBank, my total debts with them when i joined AKPK Program is around RM6.5k, and told me as of today, i still have RM 3740 outstanding balance with them! Something definately not right here!

As for HLB account, AKPK is paying them late; and they are charging me late payment interest monthly! I have highlighted this to AKPK Consultant who handle my case before, he just said they can waive it when you do settlement! Question is, most of the ppls under AKPK program is already having issues with their financial, to come out from it is not easy, how to save up so much $$$ to pay off?! And you cannot selectively do settlement to the once you affort to settle for now, if you want to do settlement, you have to settle all the ban you have registered under AKPK!

Appreciate those who knows better to advice me, or correct me if I am wrong! As I am lost... I have lost faith with my AKPK Consultant!

if i wan to buy hse with a person with akpk, the person joining name to apply loan with me, so do a bank will consider him and count him in?

If I now under AKPK and i planning do full settlement for all banks and can i ask when i can get the release letter from the bank?
If i got release letter, what can i do for next? Should i go bank negara clear the blacklist record or any way to remove my blacklist record clean?
If i now apply loan RM130k from bank buy car, bank will use how long to approve my loan? 1 week or 2 weeks or more than that? Can i get loan approve within 1 month if i settle all the loan and finish pay all. Who can let me know after i fully settle the AKPK, need to wait how long to apply loan to buy car?
Your info i really appreciate and kindly give some advise for me as well. Thanks to all.

I have a question actually.

Usually people owe few banks money, Bank A (Rm10k), Bank B (RM20k), Bank C (RM30k) & Bank D (RM40k)
When we approach AKPK, they will sum up and tell you that your debt is RM100k in total and your monthly installment could be RM1,500
so if Bank A debt was cleared, but Bank B to D still pending, will AKPK reduce your monthly installment ? maybe from RM1500 to RM1400 ?
Do you have to inform AKPK ?