Navigating personal bankruptcy in Singapore | Money Talks podcast

Singapore saw its highest surge of personal bankruptcy applications in 2023. What does it mean to be declared bankrupt? What impact can it have on your career and your future? In this episode of Money Talks, we talk to Claudia Khoo, a lawyer at Shook Lin & Bok, to find out more.
0:00 Intro
00:49 News highlights: Ninja Van layoffs, Revolut hits a high
4:27 Bankruptcy in Singapore
13:21 What you cannot do as a bankrupt
17:58 Misconceptions of bankruptcy
19:00 Negotiating an exit strategy
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[@sophiaisabelle0227]

We appreciate your insights.

[@gingerblue2265]

I blame the banks for my bankruptcy

[@edenhuangdotcom]

Banks are providing liquidity. It serves a greater purpose. The problem is inflation from excessive money supply creation and interest rate setting. Blame the central banks...