Hi there, thanx in advance......
i got few questions....

1) my cc & PPL is about 100K+
2) i need to pay housing loan (500.00)& car loan (1700.00)
3) i 'm struggling paying the min every month (5000.00)

but i'm a self-employed personnel.....

so..if i taking up AKPK :

a) will it affected my status as director/owner in the company? ( 2 directors)
b) will they also include the housing loan & car loan as well?
c) if not, will they force us to "let go" the car or house?
d) because of self-employed, i'm actually drawing min salary only -4500.00 (to reduce in tax), so when they calculated the salary will they also count in my company profit of the period (but i'm not drawing fix allowances) or just the basic salary?
e) if i got to cancel all the CC, can I be the supplementary card holder under my wife (as in biz we need the conveniency of CC in traveling)
f) how they calculate the expenses? eg, water & electricity bills, telephone & multimedia bill, H/P bill, housing maintenance fee, kids nursery/tuition fees? oohhh...and also daily makan..? petrol?
g) so far besides AKPK, any bank will help to offer a loan to consolidate all CC debt under it then fix as term loan under certain rate(maybe 12% pa for 5 years) to allow u to ease the min payment.

100k @ 5% min = 5000.00
100k + 12%(5 years) = 160k ; divided by 60 months = 2666.66
actually bank still earning but at least our debt is under control...
why none of the bank willing to offer it? Standard Chartered actually got this plan but so far i heard no body with amount more than 50K got it.

So far i never have any overdue amount in CC nor any loan....just feel very tired /struggling....

so need to find solution before it getting worst...

please advise.

Thank you......