Bankruptcy Is Not The End Of The Road

Nirmala Subramaniam, Head of the Household Financial Education Department, Agensi Kaunseling dan Pengurusan Kredit (AKPK) | Heeran Kaur, Licensed Professional Counsellor

07-Oct-21 09:30

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Filing for bankruptcy can feel like you’ve hit the financial equivalent of rock bottom. While it does wipe out your old debt, bankruptcy is a mark on your credit record and it can affect one’s emotional and mental health as well. But it is important to remember that bankruptcy is not the end of the road and there are ways to get out of it. Nirmala Subramaniam of AKPK and licensed professional counsellor Heeran Kaur speaks to Sim Wie Boon on this.

Image credit: Shutterstock.com

Produced by: Sim Wie Boon

Presented by: Sim Wie Boon

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Categories: Business Analysis, Trends and Forecasts, Markets, Politics, Social Issues, Personal Finance, Investments, Financial Literacy, law & legal matters, Film, Sports, Young Finance, Personal Development, Entrpreneurship, Tech, SME

Tags: bankrupt, bankruptcy, insolvency, debt, financial planning, financial distress, AKPK, creditors, mental health,

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