Friday, November 04, 2005

Bankruptcy Hits record High!!

Well .. the truth .. despite society's perception .. ain't really too bad a thing. Less that $500,000 .. endure 3 Yrs .. don't do something stupid .. you're off the hook!! No wonder some credit card issuers are reluctant to leash out the Bankruptcy status ..

Another ironic thing .. You'll need SGD 1,600 to declare bankrupt!! Either the Credit Card Bankrupt you and they pay .. or you foot it yourself .. Kind of crappy right? If I can easily fork out that sum .. do you think I m at the verge of it?? If I m almost bankrupt .. do you think I can come out with the $$

.. then .. again .. as a rule of thumb of surviving in Singapore .. DON'T Question the Gahmen