Articles | DebtCollector.my

Debt Counselling in Malaysia

Post published:February 4, 2021
Post Category:Articles
Post Comments:0 Comments

Being in debt is the last thing any Malaysian wants in their list. By the end of June 2019, the household debt in Malaysia reached 82.2%. This was one of…

Good Debt Vs Bad Debt

Post published:January 27, 2021
Post Category:Articles
Post Comments:0 Comments

Being in debt at some point in life is almost inevitable for most people. Unless you are born with a silver spoon in your mouth, there will be times when…

Image by Manuel Alejandro Leon from Pixabay

How To Improve Your Credit Score?

Post published:January 18, 2021
Post Category:Articles
Post Comments:0 Comments

In Malaysia, most people don't worry about their credit score until it is too late. Reports released by the Bank Negara Malaysia in 2019 have thrown light onto the Malaysian…

How To Avoid Bad Debts:10 Valuable Tips

Post published:January 10, 2021
Post Category:Articles
Post Comments:0 Comments

The BNM (Bank Negara Malaysia) has reported that more than 3,400 people between the ages of 20 and 30 have sought help and counseling from the Debt Management and Counselling…

Judgment Debtor Summons (JDS)

Post published:August 11, 2020
Post Category:Articles
Post Comments:0 Comments

Let’s imagine a scenario in which one of your clients has defaulted in payments.Even though you have notified him through multiple emails or letters, you find no response. Finally, you…

Debt Consolidation in Malaysia: How Does It Work?

Post published:August 4, 2020
Post Category:Articles
Post Comments:0 Comments

When it comes to indebtedness, Malaysian household debt has crossed over RM1 trillion. Reports from the Malaysia Economic Monitor of the World Bank have indicated that about 27 per cent…

Debt Service Ratio

Post published:July 7, 2020
Post Category:Articles
Post Comments:0 Comments

If you have been to a bank to apply for a loan to start your business, you might have noticed that before granting you the loan the banker will do…

Winding up Rules in Malaysia – Latest Update 2020

Post published:May 20, 2020
Post Category:Articles
Post Comments:0 Comments

A winding-up order is used as a last resort when the petitioner has supposedly exhausted all the alternate means to obtain payment. Of course, this is a time consuming and…

Debt Restructuring and Corporate Rescue in Malaysia – Covid-19 Crisis Updates 2020

Post published:May 16, 2020
Post Category:Articles
Post Comments:0 Comments

The head of IMF Kristalina Georgieva warned that the coronavirus pandemic will turn global economic growth "sharply negative" this year. The coronavirus outbreak is one of the greatest human tragedies…

Proof of Debt

Post published:May 8, 2020
Post Category:Articles
Post Comments:0 Comments

It is a nightmare for a creditor to know that the company they have financed is being liquidated! Malaysia is a country full of potential. From innovative technology firms, well-developed…