Context:
Long story short, I'm 24 now. Ran an investment business when crypto currencies were doing well. Market crashed and I found myself 500k SGD in debt from various sources, including but not limited to suppliers who owe me 120k of hardware declaring bankrupt and not delivering on the contract. So I have no way to recover my funds to pay back investors, family etc.
Further context, besides investments, my main business was in mining. I ordered 120k of gpus to cater to my customers, among who were my family members and friends. The supplier was supposed to deliver my goods within 2 weeks. 6 months later, after entertaining excuse after excuse, I took him to court and he declared himself bankrupt. I have no means to repay this massive sum owed to my loved ones. The only thing I can do is work and slowly pay back everyone. I have been getting death threats, people showing up at my house, etc. I am in an unimaginable situation and honestly can't bear to live any more. Working to pay back my debts will take me decades.
Naturally, this put me in a terrible mental state, overcome by depression, terrible anxiety and other mood related problems. Saw a psychiatrist for medication for 4 months while seeing a psychologist to talk about my problems. Then I was called up for NS. I gave my specialist memo, and I've basically been on MC for 4 months.
During this NS time, I'm obviously unable to work so all I can do is constantly apologize to the people barraging me for their money. I don't blame them, I would do the same.
I just got back from PCC appointment at MMI. The conclusion is the psych there, instead of PES F, they have given me 2 months MC followed by 2 years of deferment.
Knowing that in 2 years, I'm going to have to do this **** all over again is giving me huge stress. Also no company that can pay me a reasonable salary will hire me knowing that in 2 years I have to go and serve NS. I really do not know what to do.
Long story short, I'm 24 now. Ran an investment business when crypto currencies were doing well. Market crashed and I found myself 500k SGD in debt from various sources, including but not limited to suppliers who owe me 120k of hardware declaring bankrupt and not delivering on the contract. So I have no way to recover my funds to pay back investors, family etc.
Further context, besides investments, my main business was in mining. I ordered 120k of gpus to cater to my customers, among who were my family members and friends. The supplier was supposed to deliver my goods within 2 weeks. 6 months later, after entertaining excuse after excuse, I took him to court and he declared himself bankrupt. I have no means to repay this massive sum owed to my loved ones. The only thing I can do is work and slowly pay back everyone. I have been getting death threats, people showing up at my house, etc. I am in an unimaginable situation and honestly can't bear to live any more. Working to pay back my debts will take me decades.
Naturally, this put me in a terrible mental state, overcome by depression, terrible anxiety and other mood related problems. Saw a psychiatrist for medication for 4 months while seeing a psychologist to talk about my problems. Then I was called up for NS. I gave my specialist memo, and I've basically been on MC for 4 months.
During this NS time, I'm obviously unable to work so all I can do is constantly apologize to the people barraging me for their money. I don't blame them, I would do the same.
I just got back from PCC appointment at MMI. The conclusion is the psych there, instead of PES F, they have given me 2 months MC followed by 2 years of deferment.
Knowing that in 2 years, I'm going to have to do this **** all over again is giving me huge stress. Also no company that can pay me a reasonable salary will hire me knowing that in 2 years I have to go and serve NS. I really do not know what to do.