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Standard Chartered and Aigon

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asked on Mar 23, 2021 at 18:03
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Just got the statement from Aigon regsrding my SCB credit cards

Total 2 cards Rm 97000 approx but statement stsrt from 2009 even though they mention default since 2003 n 2004 plus i remember it was cancelled long time ago...before 2005 for sure.

They offer full settlement 11k ...or they sue 97k...but that make me confused did i owe them 97 k in their first JD even if they did file before.

I attached the statement below
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answered on Mar 26, 2021 at 11:08
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edited Mar 26, 2021 at 11:29
by   jeff005
Since Debtors are shy to post out their JID..

I shall post out a real copy extracted from the Courts.



What is the problem of posting it out esp when it has passed the Limitation of Lawsuits?

Perhakiman Ingkar
Judgement In Default

1.  Inside is stated the Case File NO:

2.  Type of Judgement

3.  The Interests Element  (1 % per month on monthly reducing balance)

4.  DID NOT ATTEND COURT PROCEEDINGS

-----------------------==

NOT AS STATED IN THE BELOW STUPID PERSONAL DECLARATION : 18% per month.. !!!  or even at 18% per annum .. !!!





..
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answered on Mar 26, 2021 at 11:36
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answered on Mar 26, 2021 at 11:42
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If you are unrepresented, then quite often, the terms of judgement as stated in 

the judgement / judgement in default, are different from the grounds

of judgement. Hence, debtor has good chance to set aside the 

bankruptcy proceeding
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answered on Mar 26, 2021 at 12:36
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edited Mar 26, 2021 at 12:42
by   jeff005
@ harapan besar

Sir,

Many thanks for your invaluable sharing info of bankruptcy proceedings.

Hope the new readers would take serious notes.

It is really pointless for discussions where no actual PDF /jpeg copies of courts docs are tendered in this forum. With actual copies of docs posted, then only can go deep into their issues / predicaments esp with the Judgement Debt.

Excerpts can be faked too. I have received fake court docs from fake people too.

Cheerio big bro...
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answered on Mar 26, 2021 at 14:25
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edited Mar 26, 2021 at 14:32
by   jeff005
@ Vince Sum

I have already teach / taught some forumers here on how to deal with Bill Collectors (BCs) on assignment by Creditors under these 2 threads.. very clearly :

https://www.lawyerment.com/answers/questions/13840/what-is-a-vesting-order-obtained-by-aigon-can-i-make-a-negotiated-settlement

https://www.lawyerment.com/answers/questions/13937/dikejar-debt-collector-untuk-tuntutan-hutang-bagi-pinjaman-pada-tahun-2006-2007

Look here people :

You do not expect forumers here to "confirm this, confirm that" 
If you need confirmations, please pay the lawyers for their legal services.

In the first place, can you confirm your very own real identity?

Ape u mau lagi?
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answered on Mar 26, 2021 at 17:04
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edited Mar 26, 2021 at 17:07
by   jeff005
Corrections to an error as above..
(Page 5 post no.1 - this webpage)

Perhakiman Ingkar
Judgement In Default

It should be :
 
Penghakiman Ingkar Kehadiran
Judgement In Default of Appearance
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answered on Apr 3, 2021 at 08:38
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The Topic Contents as above   " Standard Chartered and Aigon "

A detailed analysis have been tendered on how debtors can deal with vesting orders (debts sold by SCB, CIMB, AmBank) under this thread :

https://www.lawyerment.com/answers/questions/13840/what-is-a-vesting-order-obtained-by-aigon-can-i-make-a-negotiated-settlement?g=4#tab-top
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answered on Apr 4, 2021 at 18:00
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edited Apr 4, 2021 at 18:01
by   jeff005
@ Vince Sum

I believe that I have given answers to ALL YOUR QUERIES (8 threads) posted in this forum via the new thread regarding Vesting Orders. (Pls dun start new ones).

https://www.lawyerment.com/answers/questions/13975/what-is-a-vesting-order-on-sale-of-npl-debts-perintah-letak-hak-how-to-deal#a52573
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answered on Apr 4, 2021 at 23:52
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edited Apr 5, 2021 at 00:37
by   jeff005
@ Vince Sum

ReF : The 4 statements of accounts that was uploaded at the start of the this thread that you received from AIGON :

My personal Opinions :

1.  There is only one debt registered in the Vesting order which you posted much later. It MUST be 1 debt (in 2 credit cards - normally from either Visa and Mastercard or Visa and AMEX). It would be merged as one account upon any defaults and termination of both C.C.

2.  It is that you do not understand how and what debts ligation is all about and by concealing materials facts by "Orange-ing" the statements material details, you are actually confusing yourself and nobody else. The actual debt vested is RM9K++ (for the 2 C.C. of combined credit of 5K).

3.  MystiQue then split up the two cards numbers and generated 2 separate sets of accounts, giving you the impression that there is a total of RM 97K where actually it started from 9K.. (vested amount).

4.  By the offer of 11K for settlement they have already made tremendous profits by the buying of the debts at around 3-4% of 9K (personal pure speculation).

5.  You may have scared yourself and many others in the forum by your lack of transparency of details on your very own case.

--------------------------------

The RHB case :  (My personal opinion - strictly)

Unless you can show actual details of any offer letter, the payment of 4K, plus the "Release Letter" issued by RHB in respect of the offer letter and agreed settlement amount with respect to the filing of RM18,000 for JDebt, your the this RHB case is far from over.

How many filings of JD have you seen? There is more than 50 that can be seen in this forum for the past 13 years. Can you interpret those filings?

Have you seen bkcy filing from 2 different banks  =  YES I have.
Have you seen bkcy filing by a Bank and Charge Card Operator  =  YES I have.
Have you seen bkcy filing by a Bank and a Registered Money Lender  =   YES  I have.
They "combo" to exceed the threshold of 30K at that point of time.

The filing of the JDebt arises from the fact that you may have made admission to the debt by the offer of settlement which could have voided the protection of the Limitation Act and this only happened not long ago.

The so called WITHDRAWN of the lawsuit (RHB) could be based on just the 4K paid and not by the "offer" given. This is the reason for any "withdrawal " of the lawsuit in court filings. The next time / round, it could be the full amount that was asked for in the first instance. Sometimes we think we are clever, but for sure the bank lawyers is more smarter, without any doubts. 

Without actual documents tendered it is pointless to discuss any further.

Last and not least, be careful how you handle your the PBB debt.
If it originates from Public Finance C.C., it has been vested to PBB.

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