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Old 15-05-2018, 08:54 PM   #1
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bad debt in mind

ok this elderly have 9k debt with a bank

he doesnt want to pay . HJAHAHAHA...what for YOLO already... still want pay meh

now the bank .. give 20% discount



is it possible 80% off?

just curious....

and legal proceedings means what?
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Old 15-05-2018, 09:48 PM   #2
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How old ?

Real sum used how much ?
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Old 15-05-2018, 10:27 PM   #3
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almost 70...

maybe around 30k total with all other banks
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Old 16-05-2018, 10:20 AM   #4
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ok this elderly have 9k debt with a bank

he doesnt want to pay . HJAHAHAHA...what for YOLO already... still want pay meh

now the bank .. give 20% discount



is it possible 80% off?

just curious....

and legal proceedings means what?
The point is he got money to pay or just simply chao kuan?

20% want 80%....later ask for 100% issit?

When the debt rolls until big enough...Bank can sue him bankrupt to recover....if not his estate.
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Old 16-05-2018, 10:31 AM   #5
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The point is he got money to pay or just simply chao kuan?

20% want 80%....later ask for 100% issit?

When the debt rolls until big enough...Bank can sue him bankrupt to recover....if not his estate.
no money to pay....cant find job la... 70 year old ex manager.... how can find job and surely dish collector lose face

$9k can sue bankrupt ah?

hdb also cannot touch

that is what he is thinking
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Old 16-05-2018, 10:51 AM   #6
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no money to pay....cant find job la... 70 year old ex manager.... how can find job and surely dish collector lose face

$9k can sue bankrupt ah?

hdb also cannot touch

that is what he is thinking
Minimum amount owed must be $15K and above.....but with interest and related charges rolling on the 9K....its a matter of time.

Want face then still owe....next time die already bank still come after his estate....see how much face he still have....
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Old 16-05-2018, 10:58 AM   #7
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BANK CANNOT touch HDB.

They will only harass the kids and tell them to sell the HDB.
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Old 16-05-2018, 10:58 AM   #8
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O$P$

Sent from Xiaomi REDMI NOTE 4 using GAGT
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Old 16-05-2018, 11:34 AM   #9
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Minimum amount owed must be $15K and above.....but with interest and related charges rolling on the 9K....its a matter of time.

Want face then still owe....next time die already bank still come after his estate....see how much face he still have....
die already still need face meh?
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Old 16-05-2018, 11:38 AM   #10
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die already still need face meh?
he dont care then ok.

face aside....bank can lodge caveat on the HDB and recover their money.

Bank wouldnt lose no matter what....

he think he is smart but bank also not stupid.
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Last edited by Xcert; 16-05-2018 at 11:45 AM..
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Old 16-05-2018, 11:58 AM   #11
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he dont care then ok.

face aside....bank can lodge caveat on the HDB and recover their money.

Bank wouldnt lose no matter what....

he think he is smart but bank also not stupid.

can explain on this ".bank can lodge caveat"

havent heard of this
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Old 16-05-2018, 02:18 PM   #12
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can explain on this ".bank can lodge caveat"

havent heard of this
http://www.realsgestate.com/caveat.html

*Licensed money lenders are not allowed to lodge caveats on HDB flats,and creditors cannot lodge a caveat on the property unless they acquire a Court Order.
I am no lawyer...but what you are counting on is the first part.The bank can still apply for a court order if they choose to.

All in all...what I want to say is....dont spoil your own name in death even if you can.
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Old 16-05-2018, 03:54 PM   #13
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Dirty family name for $9k worth it mah ?

Immediate family members can forget about getting high post in their careers esp govt jod ?
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Old 16-05-2018, 04:27 PM   #14
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Actually will bad name meh?

I have seen quite a number of young man.... Defaulting and not paying for years


Yet carry on with life


*maybe they are bad a55.... not saints

Last edited by alamakazim; 16-05-2018 at 04:40 PM..
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Old 16-05-2018, 04:40 PM   #15
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I think the actual amount spent is not that high.

uncle pass on then bank chase until cannot chase will write off the debt.
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