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Who has experience with AKPK? Need advice..

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asked on Oct 24, 2011 at 00:53
by   ladyindebt
edited on Oct 15, 2016 at 06:16
 
If you are currently under Agensi Kaunseling & Pengurusan Kredit Debt Management Program (AKPK DPM), I'd like to ask advice from you. I've defaulted my credit card payment ranging from RM3,500 to RM10,000 of credit limit, and 2 personal loans worth RM10,000 each. Think there's around RM60,000-RM80,000 worth of debt, I'm not sure because it's been so long since I receive or even bother to find out my current outstanding with the banks. Now that I finally have a better paying job and slowly getting my life back on track, I'd like to seek help from AKPK.

My questions are:-

1. One of the requirement before you get help from AKPK is that you'll need to have 3 months of credit statement of each bank that I owed. Is there a way I can get my latest statement without going through the banks? I don't think I want collection agencies start haunting me again..

2. I wonder how would AKPK proposed a suitable monthly instalment... Do share with me what's your actual debt amount, and the reduced debt amount after going through AKPK, and what 's your instalment like..

I can't wait to fix the damage I've done in the past and live my life to the fullest again... It was one hell of a lesson learned and thank God that I've been given a chance to improve my life again..
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answered on Nov 2, 2011 at 16:34
by   ladyindebt
Thanks, Michael! That's what I thought too.. Hahah.. but I don't think they'll bother... Apparently I can go to any branch as well to get those statement, according to the AKPK officer... Think I'll go to the nearest branch to get it...

Have not made an appointment to see the AKPK counselor yet.. when I gone to AKPK for the DMP briefing and wanted to book for Dec'11 they said it's not open for reservation yet. Once I have all the documents then can only decide when to meet them up...
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answered on May 13, 2013 at 16:57
by   Nofique
edited Oct 15, 2016 at 02:55
 
I need some advice. Am I allowed to apply new loan from other banks while I am under AKPK Debt Management Program (DMP)? Or I am only allowed to apply any new loan after 10 years?
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answered on May 25, 2013 at 00:46
by   ladyindebt
No, so far I have yet to hear anyone who is under AKPK are able to apply for loans with banks regulated by Bank Negara..
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answered on May 29, 2013 at 20:17
by   hafilah
edited Oct 15, 2016 at 03:10
 
@ladyindebt

So far, how is your progress? Are you in Agensi Kaunseling dan Pengurusan Kredit (AKPK) program now?

How did you manage to run away from the collecting agencies? I got scared also after they threatened to confiscate my movable household items. Also receiving letters to contact them, otherwise their field officer would come. Have you gone through all this?
Lets say, if they really take court action, and summon me to the court hearing, should I go or can I just ignore? I don't have money to appoint a lawyer.

Do they really can confiscate our household items for debts below RM15,000 (per bank)?
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answered on May 31, 2013 at 21:05
by   faqs
edited Oct 15, 2016 at 06:16
 
@halifah

Chill... I have gone through your stages before. Just ignore them! They will not confiscate your property UNLESS you really got lots of expensive stuff. Besides, they will do that only if you are staying in your own houses, which means that the house is under your name. If you are renting, they will have difficulties in proving the which item belongs to you...

Let them come to your office, they will give you letter to contact bla..bla..bla... and you receive the letter, then tear it in front of him.
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answered on May 31, 2013 at 22:38
by   hafilah
edited Oct 15, 2016 at 06:15
 
@faqs

Thanks for your response.

I was really scared when they asked for RM6,000 in 2 hours time. How could I find so much money in a very short time. At that moment, I was thinking that maybe I need to borrow money from Ah Long. I couldn't do anything that day, worrying how to find money. Then I ask my brother, he said 'no worries, that's just their tactic'. So I felt a bit calm down. Then don't know what to do, I switched off my handphone. When I switched it on, there were around 10-20 missed calls from them. OMG!!!

However, I never received harsh words or gangsters style. But it was the time I have a job and pay them minimum amount every month (after stop payment for almost 1 year due to some problem). Right now, after expiration of contract with my previous employer, I never answered their calls. Don't know what to say. If I tell them I don't have any money pun, still they ask me to find some and they'll call later. Right now I want to change my phone number. Don't know where they got it since I didn't register under my name. Now gonna use someone else name...
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answered on Jun 1, 2013 at 03:54
by   guarantor
edited Oct 15, 2016 at 06:15
 
What took you so long to change your handphone number?
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answered on Jun 11, 2013 at 01:21
by   ladyindebt
edited Oct 15, 2016 at 06:16
 
@Hafilah

Sorry for my late response.. Anyway, I have changed my phone no many times, moved houses a few times & changed jobs quit a bit. But I've stopped all that now that I've got myself a job that pays well.. Trust me, they'll STILL be able to trace you one way or another... They'll google, buy your info from telecommunication companies & do whatever means necessary to trace you. You can run but you can't hide... Even now, those debt collectors do come over to my office but thankfully, the receptionist already know giving excuses like I'm outstation... no longer based in HQ... bla bla bla! They've even called my Human Resources (HR) but I told my HR NEVER to reveal my contact info whatsoever & they did exactly just that.

Nope, not under AKPK even though I've contemplated to join because now I've got other means to pay off my debt....

As for you, just learn to ignore them... don't answer unfamiliar numbers & stay cool... I've been harassed & threatened to writ of seizure and sales (WSS) (Malay: sita) by [K***** name removed] (you know the full name of this infamous debt collector). It's been more than 7 years now so I guess I'm immune to it...
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answered on Jun 12, 2013 at 21:51
by   ladyindebt
edited Oct 11, 2016 at 08:51
 
Hahaha.. just noticed that the name of the debt collection agency has been removed! I guess someone from that agency is monitoring & trying to protect their names... a bit too late... It is already well known how dirty their harassment works.

I recall many years back how rude they harassed me by threatening me to Writ of Seizure and Sales (WSS) or sita, threatening my credit card referrals, came over to office etc... Good ya, making business by making other people's life miserable..
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answered on Jul 4, 2013 at 13:21
by   shasha
edited Oct 11, 2016 at 08:49
 
Is it true that you cannot enroll with AKPK if your problem is hire-purchase, car or house related? AKPK only deals with credits cards or personal loans debts. Because my problem is with car hire-purchase below RM50,000. Need advise on AKPK. I am thinking of going to AKPK to restructure a payment schedule to bank.
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