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harrassed by bank

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asked on Aug 29, 2015 at 21:12
by   kunta kinti
Dear jeff005,
A few days ago, a representative from a legal firm visited the company I am working for.
He wanted to hand over a bankruptcy notice to me (after he told me he is representing xxx bank).
I told him that he made a mistake, I did not owe any bank money. So I refuse to accept the notice. I insist that he should leave or I have to ask security's help.
He talked a lot of threatening things before leaving.

My fact:
I actually owed.
They already have default judgement few years ago (credit cards debt above 30k).

My questions for your advice:
1. Can I refuse to accept notice as above, if they come again?
2. What tactic I have if my intention is to trouble them in their effort to bankrupt me? I wanted thebank to pay highest price in trying to bankrupt me.

I have prepared well enough since many years ago for life after bankrupt, so I am not worry. Fyi.
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answered on Aug 29, 2015 at 22:52
by   jeff005
Dear kunta kinti

1. Can I refuse to accept notice as above, if they come again?
Yes, you can deny but to no use. After 3 times they would use "substituted service" via 2 major newspaper by way of advertisements. Buy every Saturday NST Newspaper and read. More than 200 bkcy notices every sat.

2. What tactic I have if my intention is to trouble them in their effort to bankrupt me? I wanted the bank to pay highest price in trying to bankrupt me
There is actually not much use in any delaying tactic as within the year you will still be bankrupted if you are unable to pay.

It would depends a lot on your age, the younger you are the faster u get bankrupted, report in to JIM, after 5 years of case management with JIM apply for bankruptcy discharge and have a new fresh leaf of life. Oso can get new bf or gf if you are still single..

If you are past your prime and is over 55, have withdrawn yr EPF, then just leave things as there are.. slowly. We cannot "punish" those bladi blood suc_kers, they are robots with no feelings.

If you are in gainful employment (probably that is how they have caught up with u) and the company is willing to retain you, and since you are mentally prepared with bkcy, my personal opinion is to confront this issue headon and have a better piece of mind to move forward.
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answered on Sep 21, 2015 at 20:58
by   rayna
@kunta kinti

do you know whatever cost incurred while the bank is trying to bankrupt you will be borne by you yourself? hahaha

okay I'm evil for laughing at your fate. sorry.
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answered on Sep 22, 2015 at 00:24
by   kiki
kunta kinti,

''2. What tactic I have if my intention is to trouble them in their effort to bankrupt me? I wanted thebank to pay highest price in trying to bankrupt me.''

While they may apply a substitute service by newspaper advertisement you must also from time to time check thru e-filling on when is the date of the lawyer court appointment by using your case number. Surprise the lawyer by suddenly emerged at the court and ask for time to bela diri and fight it all the way..

Then it will not be easy for the bank just like as costly as you want it to be. Maybe by the end of it you too can be self made lawyer and as competent as the bank lawyer .
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answered on Sep 22, 2015 at 00:33
by   vkpc
do you know whatever cost incurred while the bank is trying to bankrupt you will be borne by you yourself? hahaha

This statement is not true.
Bank can only bill you all kinds of fees, they cannot force you to pay.
The bank has to pay all the legal fees.
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answered on Sep 22, 2015 at 13:15
by   rayna
oh yes they can. when they filed writ against a creditor, they also claim for costs on solicitor-client's basis? they use that to pay the legal fees.
once you are adjudged bankrupt, the fees will be included in your POD
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answered on Sep 22, 2015 at 16:31
by   vkpc
POD is just another bill.  Nobody can force you to pay.
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answered on Sep 22, 2015 at 16:50
by   rayna
Well if one don't mind being bankrupt haha
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answered on Sep 25, 2015 at 11:16
by   kunta kinti
rayna,
fyi, I dont mind being a bankrupt. I would be happy as always even i become bankrupt tomorow.
  My war with bank is simple, they could bil me usd700million, I would be glad too cause my life would be the same as before. HOWEVER, I wil guarantee they wil spend a lot of money for my case. And get nothing as return at the end. I m real bugis.
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answered on Sep 25, 2015 at 12:08
by   kunta kinti
Thanks jeff kiki and vkpc.
Wondering if I could file notis kehadiran and notis bertindak sendiri or not prior receiving their creditor petition?
At the moment I havent receive bankruptcy notice. There are lots of sample for me to copy in this forum thanks to those who have guts to fight and share.
I know it will be funny. But I am a layman not lawyer. No harm for doing stupid act right?

Thanks all for advice.
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answered on Sep 25, 2015 at 12:14
by   kunta kinti
By the way, my intention is I dont want to miss  the chance to defend my case if the bank lawyer plays dirty trick.
I hope to get help from all experience forumers here when my case start. Eager and excited about the soon to be experience.
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