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Bankrupt and working oversea. If resign and return to home country, will my passport be retained?

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asked on Mar 27, 2017 at 07:33
by   nice_die
edited on Apr 4, 2017 at 04:58
 
I have been bankrupted in 2014, but I have 'escaped' to Thailand since 2013, then 'surrendered' myself to Jabatan Insolvensi Malaysia (JIM) in 2015 due to passport expired.

First time, got approval for travel to oversea with commitment of monthly payment @ RM300. Yes, I declared my salary @ RM3,000.

Now for second time approval for travel to oversea to continue my work there, but due to boss too difficult to deal with, I am thinking of resigning and going home instead.

My question will be like these:
1. In this case will my passport be retained by JIM?
2. My wife and kids still in Thailand. Can I apply travel to oversea to visit them?
3. Resign and go home means no more salary @ RM3K. Possible to lower the monthly payment to the Insolvency Department?
4. My case is in 2014. Can I apply for discharge in 2019?
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3 Answers

answered on Mar 27, 2017 at 13:40
by   jeff005
edited Apr 4, 2017 at 05:05
 
1. Retained by Jabatan Insolvensi Malaysia (JIM).
2. Not strong enough grounds to travel.
3. Yes, lower repayment with proof of income.
4. 5 years from date of 1st payment to JIM. There must be 60 continuous payments before you can make an application for discharge.
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answered on Mar 30, 2017 at 15:48
by   ronykk
edited Apr 4, 2017 at 05:00
 
@jeff005,

Please share info on how to remain in Thailand without leaving? For how long?  
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answered on Mar 30, 2017 at 17:06
by   jeff005
edited Apr 4, 2017 at 05:02
 
Simple
1. Get legal employment.
2. Joint Venture with a local.
3. If over 50 years old go for Retirement Resident/Home.
4. Marry a 18 years old Thai Girl. Ladyboy also can.
5. No time period constraint in Thailand yet.
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