What are the possibilities and procedures for my bankruptcy discharge?

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asked on Sep 11, 2017 at 05:20
by   kenji66
edited on Oct 10, 2017 at 10:59
I have been sued bankrupt by a bank in 2008 due to being a guarantor for a loan which I signed as the director for a Sdn Bhd. I am so lucky to be a silent reader in this forum since 2009 gaining knowledge along the way and understanding that it was not the end of the world. Thus, I made myself reported to Jabatan Insolvensi Malaysia (JIM) in 2009 after reading a lot of Q&A in this forum. Thanks for that. 

From 2009 until now I have been making prompt monthly payment to JIM but have not submit any 6 months of financial status to them. I am hoping so much to ask for discharge. 

I have contacted JIM Official Assignee last week and made an appointment with them to discuss the procedure and any possibility that I be discharged with the permission of the Director General of Insolvency (DGI). With that total amount of debts, I think I can't settle in full with the bank and even asked for discount. 

Would like to ask what should I do if the DGI rejects my application? Actually I am so depressed that I have bleak future due to my current bankrupt status. I have lost lots of opportunities when I was between 31 and 38 years old. I start to feel like a failure without success again. It ruins my life. I know auto discharge is not going to happen for my case. 

Any advise from all 'sifus' here or steps I should prepare are really very, very much appreciated. 
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