BANKRUPTCY

Based on Figure 1.2, shown the data statistics of bankruptcy from 2005 to 2012 from the source of Malaysia Department of Insolvency. It stated that the highest causes of bankruptcy are come from loans from 84% and the highest loan is car loans for 25%. Following causes are from the guarantor for 10% and credit card for 5%. Some 33,570 Malaysian were declared bankrupt within that period after they faced problems involving vehicle sales transactions. The second cause of bankruptcy is housing loans. Following with the third factor was problems in personal and business loans while the fourth reason was the economic condition. This shows that bankruptcy may not necessarily be affected due to the challenging economy like, non-performing loan and unemployment but also due to personal needs. Inability to pay car loans is the major contributor to the statistics followed by other loans. This is due to fact that those youth who just started working unable to commit to the large amount of the monthly car installment. And this what I thought. Please share your opinion and answer my questionnaire. Please be assured that all your information provided will be kept confidential. 
Thank you 

ENGLISH: http://goo.gl/forms/8sQLeXWbIQ

MALAY: http://goo.gl/forms/9DJx8P10Z1

Bench & Break

The word bankruptcy is derived from the Latin words for “bench” and “break”. The literal meaning of bankrupt is broken bench where the creditors would physically break the debtor’s workbench after gathering together and dividing up the debtor’s assets. The broken workbench served as both a punishment and a warning to other debtors. Satisfaction of the claims of creditors and punishment of the debtors were the objectives of the earlier law. Bankrupt persons were deprived of their civil rights. 

Please fill out my questionnaire to those have been declared blacklisted or experienced bankruptcy. Thank you

ENGLISH: http://goo.gl/forms/8sQLeXWbIQ

MALAY: http://goo.gl/forms/9DJx8P10Z1

S-U-R-V-E-Y

The reason I created this blog, it's because I'm hardly to get information from the insolvency. Even I'm a student from a public university still they don't cooperate with the student. They said it PNC. As if I'm asking all details or want to contact those that bankrupt. It's just the basic questions which its for the research and it might help reducing the bankruptcy in Malaysia. By time to time I will update info's about bankruptcy. And please help me by answering my questionnaire to those who blacklisted or experienced bankruptcy. 

ENGLISH: http://goo.gl/forms/8sQLeXWbIQ

MALAY: http://goo.gl/forms/9DJx8P10Z1

Thank you

Bankruptcy in Malaysia

Hello everyone, 

I'm final year student of Universiti Putra Malaysia (UPM), Faculty of Economics and Management, currently taking Degree in Business Administration (Finance). For your information, I am preparing my final year project entitled "Determinant of individual bankruptcy in Malaysia". The aim of this study is to examine factors that a person / borrower (blacklisted or bankrupt) which have problems paying debts. By doing this research, I hope to understand the real causes of debt that burden individuals in Malaysia and this study can be used as guidelines by the borrower or the lender. Next, if the debt factors identified, hopefully it reducing the statistical individuals with debt problems.

This questionnaire is divided into two parts: - Part A contains demographic information. Part B contains questions that related to individual loans.

The survey will take approximately 5 minutes to complete. All information will be handled confidentially and it is only for academic purposes. I would appreciate if you can help me by provide the data as requested.

ENGLISH: http://goo.gl/forms/8sQLeXWbIQ

MALAY: http://goo.gl/forms/9DJx8P10Z1

Thank you.