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AIGON (Agent FIRSTHIT SOLUTIONS)...Going AllOut & Steamy on Decade Old SCB Debts (Bought-Over)...NEED ADVISE !!!

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asked on Jun 24, 2021 at 01:20
by  
edited on Jun 24, 2021 at 02:51
by   DELLONS
Hi Lawyerment Community,

I had read other posts pertaining to AIQON in this forum extensively, before deciding to make this post of mine for sharing and advise seeking purpose. I see my case as a typical variation from other who had posted before.

My first contact with AIQON came early this month, through their appointed agent (FIRSTHIT SOLUTIONS). After multiple telephone conversations I managed to extract documents detailing the ‘Debts Bought-Over’ and SOAs (on my request) for all my SCB accounts, through email. Excerpt from a letter received:-

“We would like to inform you that Aiqon Direct Sdn Bhd (Co No. 915610-P) ("Aiqon Direct") has purchased your Credit card / Quick Cash / Debt Relief Program account from Standard Chartered Bank Malaysia Berhad (“SCBMB”). Pursuant to a vesting order dated 25 February 2011 granted by the High Court of Malaya in Originating Summons No.D-24NCC-45- 2011, your Credit card / Quick Cash / Debt Relief Program account and all SCBMB’s rights, benefits and interest under your Credit card / Quick Cash / Debt Relief Program account has been transferred to and vested in Aiqon Direct as of 2 March 2011.”

Great !!!

Before continuing, I must inform that I am sharing my case here on facts and not assumptions. Except when I am requesting for advise, certain past event with incomplete documents (best logical time frame will be provided to my best knowledge and records)…And I am NO A DEBT EVADER.

Lets begin. 4x accounts (1xCC, 2xBTs ,1xPL) with total outstanding in excess of Rm50k as of May-2021, principal sum in excess of Rm10k as of Aug-2008. As how the SOAs detailed, no further payment (credit) or usage (debit), except for all the interests and LPC from Aug-2008 to May-2021 !!!...Note: The statements do not show any last payment record as well.

All accounts inception dates between 2005-2007, they’re 40%-50% paid up before my default identified from SOAs (Aug-2008). My financial predicaments started in late 2008 due to failed business venture and financial mismanagement. Some important facts that I had compiled and provided as follows:-

1)  From emailed documents - All letters from AIQON were addressed to an office address which I am no longer attached to for more than a decade. While all correspondences with FHS letterhead were addressed to my home as per my NRIC. My NRIC address never changed since my first registration and still my official mailing address (even as an alternative, my grow up place).

2) I never received any correspondence from SCB or AIQON for the past 10 years or more, and not even a call, until recently from FHS.

3) The last known legal action from SCB, was summons (multiple summons for different accounts) through their appointed solicitors between 2009-?, based on old my diary record. Nothing ever since.

4) I had over the years fully settled my debts with 5-6 other banks through negotiated repayments plan and even lumpsum payments, and the latest in April-2021 with Discharge Letter received. From other posts, my best guess on since long and how soon SCB/AIQON will get to me.

5) My biggest curiosity…why the effective date of AIQON takeover (March-2011), legal action by SCB (2009-?), my SOAs details, and AIQON recent contact varies so much, even by 10 years ???

All said, I seek forumers here to share their view and possible advise on how to approach my current situation, long term wise.

a)  To ignore this soon to be 13-14 years old debt (which a semi-legal friend opined isn’t recoverable by SCB/AIQON) as their legal recourse already expired/exhausted ???...Nevertheless, I will get to settle my debts when I am financially capable, as with all other banks before this, just matter if I can live that long to get it done.

b)  Make some reservation, as AIQON entitlement still has legal bearings. Meantime, trying hard to get back to life, prioritize on more pressing matters (eg. livelihood, and in case the last one bank left who has not sold their debt will come after me).

c) Rush to AIQON and beg for mercy…They basically issued me a dead warrant or bounty sort of, I already on their butcher block (bankruptcy queue list).

Other than the above, here are a few direct questions to those in the legal field and familiar with their applications:-

A) How is LA 1953 (Revision 1981) applied in my case with SCB/AIQON ?

B) What will be the possible implication on my case with AIQON if the current bankruptcy threshold revised after 31-Aug-2021 ?

C) If you were not TLDR to follow up to this point, was it even LEGAL for SCB to charge all my accounts for 13 YEARS worth of interests and LPC before selling the debt to AIQON !??...Or did I missed something while reading other posts on SCB-AIQON deal ?

Not denying fault and oversight from my end, the initial amount (principal, B/F balance from SCB) as of Aug-2008 looks meagre compared to a few lumpsum settlements I afforded to 2-3 banks that time. Of course, with my financial awareness, I will try to find solution to highest interest bearing loans (eg. credit cards) with the lowest outstanding amount, to start with. Communication breakdown between myself and SCB for over a decade leads to this stupid AIQON now !!!

Not denying my debts, but never in my mind for 10+ years I am still owing SCB, unpaid !!!!

Some chronology of events between 2008-2021, if ever matters :-

2008-2010…personal financial crisis started, 2-3 lumpsum settlements for credit cards, through disposal of valuables.

2011-2013…keep a low financial profile, engage in contractual jobs, some partimings to recuperate financially.

2014-2017…engaged 3 banks with outstandings, managed to get reasonable repayment plans with 2 of the banks, and committed monthly payments.

(2012-late)…I was forced out of my residence, due to mishandling while moving out my personal belongings, the baggage containing IMPORTANT PAPERS (including legal documents) was lost in transit…it took me a full year to get reissuance from relevant bodies/authorities, but the bank/legal cases documents recovery were not attempted until later years.

(2012-2015)…I make trips to BNM (Insolvency-CCRIS Report), Mahkamah Ampang (legal cases extraction), and subsequently to AKPK for possible Debts Consolidation with all banks in Malaysia.

Outcome Legal Cases Extraction:…3 noticeable JIDs for fully settled debts or under monthly payments, there isn’t any case with SCB, unless the clerk missed out.

Outcome AKPK:…Through my actual counselling session after 3 weeks from introduction session, the Counsellor opined it is NOT WISE to engage their program while I have running negotiated monthly payment plans with 2 banks (as this will agitate them to void discounts and levy higher interest, make sense to me). But I am always welcome to revisit AKPK program the day I paid off the 2 banks.

Outcome CTOS/CCRIS:…No particular mentions directed to specific bank, except being tagged SA Account, with 1x written off debts (HP/PF), and few TRs. Last dated Apr-2016 Full CTOS Report (purchased) and 3/6 monthly monitoring from Free Report ever since – NO ACTIVE LEGAL CASES.

2018-2021…full settlement  with 1x bank after final installment, while the other renegotiated with discounted lumpsum settlement because of frequent lapses in payment (with borrowings help), this last bank only issued me the Discharge Letter in Apr-2021 after years of disputes.

2021…AIQON !!!...The Godly One that doesn’t fall under BNM jurisdiction and never need to oblige to AKPK recommendation ???

Lastly, with fainting hope, I need to navigate my last mile of financial escapee with extreme caution after AIQON comes into play. Or it will ruin all my past efforts for 10+ years. I am not so concern of being blacklisted and deny any financial services for the rest of my life, but anything beyond that will be detrimental to my close and beloved ones.

At full blown C-19 pandemic and cycles of MCO/EMCO/FMCO, I lost 70% of my monthly income for the past 18 months. Now living on Rm350-Rm450 monthly allowance, with half subsidised accommodation by employer and a free meal daily, with no promised they are sustainable if situation does not improve soon. I managed small goods trading online to supplement slightly and it won’t help much either.

My last telephone conversation with FHS, the caller is proposing payment Rm150/month directly into each of my SCB accounts until full settlement, to avoid legal action…I made it clear in reply, “NO, I NEVER AGREED ON ANY DEAL BETWEEN SCB-AIQON. I PREFER TO DEAL DIRECT WITH SCB, OR ATLEAST GIVE A TRY EVEN IF IT IS STATUE BARRED”.

Hope my lengthy writings will enlighten readers with recent encounters with AIQON/FHS. And with luck to pull some wisdom from other mindful forumers and among the more experienced Lawyerment Community.

Thank you for reading up to this point. Wishing all betterment in live and not falling into financial pithole like myself.

Sorry for poor editing and typing errors, if any.
 
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answered on Jun 24, 2021 at 11:53
by  
edited Jun 24, 2021 at 13:09
by   jeff005
@ DELLONS

Tempted to transfer ur Query to the Vesting Order thread or @remymikael's thread as this is the second most comprehensively written (1st is @remymikael) for this year. I will cross reference it to the other threads /threats once the i know where exactly u stand in ur predicament. Will stay on this course meanwhile.

My initial comments :

1.  "Pursuant to a vesting order dated 25 February 2011 granted by the High Court of Malaya in Originating Summons No.D-24NCC-45- 2011, your Credit card / Quick Cash / Debt Relief Program account and all SCBMB’s rights, benefits and interest under your Credit card / Quick Cash / Debt Relief Program account has been transferred to and vested in Aiqon Direct as of 2 March 2011.”

a) The originating summons is by aiQon with SCBMB. Nothing served to you and there is no way you can stop it.

b) You have never entered into any signed contract with the BDBs, so no worries.

c)  BDB cannot received received "full rights" when they have bought bad debts that have expired the "rights to sue". This needs confirmation from the Courts Records (like at Dr.Haris case). The banks and their DCs or BDBs will never release such info to debtors (akin to committing hara kiri themselves).

This FishHeadServer (FHS) is just another DCs (now under BDBs).

“NO, I NEVER AGREED ON ANY DEAL BETWEEN SCB-AIQON. I PREFER TO DEAL DIRECT WITH SCB, OR ATLEAST GIVE A TRY EVEN IF IT IS STATUE BARRED”.
The above is well written except a better way to reply is "Let's settle this matter in court" and I deny owing this debt to SCB-AIGON".
This is what Dr.Haris has done by giving the DCs one email address to receive lawsuits, one address for Bankruptcy Service (if any) and a contactable handphone number.

Personally i do find you have understooded 80% of my posts but I still need you to answer my following Qs.. :-

2. Married? How many children and their ages? I ask is because it does affect loved ones. My 4 children (still schooling at that point of time) was affected emotionally at that time by the nasty DCs (20 years ago). They admitted /complain to me after all have come out to work to fend for themselves.

3. How much is the sharkfishhead asking for (total debt - their book value)? It appears to be "verbal" only, any B&W (official offer) received and you have only responded verbally or written (via wasap)? I assume you have not paid even RM150 to them, right?

4. Why this term? Quote " proposing payment Rm150/month directly into each of my SCB accounts until full settlement"
How many accts with SCB? As far as i'm concerned, for debts "sold" by vesting order, it is a "total debt/s" sold (with multiple accts nos) under one debtor name oni..!!

5. You have email correspondences with the FHS, can you extract it (the impt ones) and send it to  < bladirunner@gmail.com >. I need it for understand the deep part of your aiQon debacle. No obligations, no forcing and it is on P&C and based on trust basis.

6. Need latest up-t0-date BNM CCRIS as well as CTOS (month of June 2021) to know where you stand exactly. This very very important.


I will answer your (A) (B) (C) as above later. Lunch Break..!!
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answered on Jun 24, 2021 at 17:33
by  
edited Jun 24, 2021 at 18:32
by   DELLONS
@ jeff005
 
Firstly, thank you for taking interest in my post. Read my replies.
 
My initial comments :

1.  "Pursuant to a vesting order dated 25 February 2011 granted by the High Court of Malaya in Originating Summons No.D-24NCC-45- 2011, your Credit card / Quick Cash / Debt Relief Program account and all SCBMB’s rights, benefits and interest under your Credit card / Quick Cash / Debt Relief Program account has been transferred to and vested in Aiqon Direct as of 2 March 2011.”


a) The originating summons is by aiQon with SCBMB. Nothing served to you and there is no way you can stop it.
 
b) You have never entered into any signed contract with the BDBs, so no worries.

c)  BDB cannot received received "full rights" when they have bought bad debts that have expired the "rights to sue". This needs confirmation from the Courts Records (like at Dr.Haris case). The banks and their DCs or BDBs will never release such info to debtors (akin to committing hara kiri themselves).

This FishHeadServer (FHS) is just another DCs (now under BDBs).

 
I truly understand this part. One of the main reason I am making a new post to create more awareness for those with encounter with AQ appointed DCs. Who knows there is one named SharkFishHead (more new species on discovery).

2. Married? How many children and their ages? I ask is because it does affect loved ones. My 4 children (still schooling at that point of time) was affected emotionally at that time by the nasty DCs (20 years ago). They admitted /complain to me after all have come out to work to fend for themselves.

I nibbed it at the bud, when my financial crisis at its peak at 2009, while my wife is pregnant with our first child. She is turning 13 this year…A decision I partly regretted to this day, and it changed my life ever since. I can share more privately once we get to know each other better.

3. How much is the sharkfishhead asking for (total debt - their book value)? It appears to be "verbal" only, any B&W (official offer) received and you have only responded verbally or written (via wasap)? I assume you have not paid even RM150 to them, right?
 
4. Why this term? Quote " proposing payment Rm150/month directly into each of my SCB accounts until full settlement"
How many accts with SCB? As far as i'm concerned, for debts "sold" by vesting order, it is a "total debt/s" sold (with multiple accts nos) under one debtor name oni..!!


Of this part and my verbals with that FHS, not much to concern. I am basically cutting short the conversation and making clear ‘I AM NO REHABILATING THOSE ACCOUNTS, ANY DEMAND FOR PAYMENT IS FUTILE UNTIL I AM PROPERLY CONSULTED” – I got my fair share of experience talking to DCs, can even predict their lines like reading from a book.

5. You have email correspondences with the FHS, can you extract it (the impt ones) and send it to  < bladirunner@gmail.com >. I need it for understand the deep part of your aiQon debacle. No obligations, no forcing and it is on P&C and based on trust basis.


Will be sending by forward emails by end of the day. Hope you got secured connection. P&C an trust basis, of course.

6. Need latest up-t0-date BNM CCRIS as well as CTOS (month of June 2021) to know where you stand exactly. This very very important.


I have plan to get my latest credit status updates once FMCO lifted. Got my driver licenses and other miscellaneous to take care of at different offices….Just wondering, CTOS Full Report with Credit Scores (Rm25) basically contains CCRIS, and the presentation looks identical – What is missing from CTOS part if don’t mind enlightening. It will save me one travel location if I can just buy from CTOS for up to date status report.

I will answer your (A) (B) (C) as above later. Lunch Break..!!

The crucial and most important part of this post of mine. I forwarded the same set of questions to 2 solicitors (old friends of mine) during a live chat, but with different sequences C-A-B and C-B-A. Both replied about the ‘same’ and advised my action the same, cannot form convincing opinion on the possible outcome of (A) and (B) as they aren’t in the banking and recovery field…Boths solis knew me so well, pointing out in advance that I already know the answer(s) to (C)…now let’s see how you look at it once you received my documents from FHS…don’t get me wrong, I am not making assumptions to form an answer/opinion, just my own interpretation based on my profession and past working experience for my own case.
 
SeeYa !!!
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answered on Jun 24, 2021 at 22:00
by  
edited Jun 24, 2021 at 22:39
by   jeff005
DELLONS
 
Below is my personal interpretation of Laws as what I perceive it to be. So it may not be accurate in the eyes of others..
 
A) How is LA 1953 (Revision 1981) applied in my case with SCB/AIQON ?
The Act in place is the LA 2018 
This act refers to a first debt lawsuit from the ori Creditor to Debtor failing which the debtor is under the protection of the 6 years Limitation Period.

Apply it to SCB
If there is no lawsuit started on this debt within 6 years of 1st default the debt is under the protection of the 6 years limitation.

Apply it to Aigon
If there is a sale by a vesting order, if the debtor made no admission to the debt or have asked for "discounts" or have paid some "instalments" (to any offers), any lawsuits will not be successful if you have the knowledge on how to set aside the lawsuit.

For future lawsuits (if any)
The debtor must first be made a Judgement Debtor and the DEBT, a Judgment Debt.
This must be done within 6 years from date of 1st Default.
In short, it must be decree as a Judgment Debt before any sale to BDBs or else the rights to sue have expired and extended to aigon.

B) What will be the possible implication on my case with AIQON if the current bankruptcy threshold revised after 31-Aug-2021 ?
The Moratorium of RM100K threshold is until Aug2022
My personal observation is that even at 50K, the threshold is not breached even when totaling the 3 debts. The figures have been exaggerated and exacerbated by non legal conformation of interests charged (this needs confirmation from courts extraction of any Judgment Debt).

C) If you were not TLDR to follow up to this point, was it even LEGAL for SCB to charge all my accounts for 13 YEARS worth of interests and LPC before selling the debt to AIQON !??...Or did I missed something while reading other posts on SCB-AIQON deal ?
If there is no lawsuit on the debtor before, the creditor can charge for the next 10 years and another 10, as there is NO OBJECTION from the debtor..!!
That is why there exists a Limitation Act.
The keytag is Lawsuit.

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answered on Jun 24, 2021 at 22:38
by  
edited Jun 24, 2021 at 22:40
by   jeff005
MY Other comments

The Godly One that doesn’t fall under BNM jurisdiction
Wrong..
all properly registered DCs and BDBs are under the BNM Jurisdiction

5) My biggest curiosity…why the effective date of AIQON takeover (March-2011), legal action by SCB (2009-?), my SOAs details, and AIQON recent contact varies so much, even by 10 years ???
That is becuz (my personal view), aigon was appointed as a DC for SCB in 2009 (with no legal action) and then sold to aigon via a vesting order in 2011.

So do you think the statement of acct send to you is legally correct when debt is "taken up" as aigon's being the creditor dated from 2009 onwards? Where is the proof of sale, proof of assignment (if any), and the Joint Notification by SCB-AIGON pertaining the Vesting Order send to the debtor?

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answered on Jun 25, 2021 at 12:28
by  
DELLONS

Case Facts :

1.  All accounts inception dates between 2005-2007, they’re 40%-50% paid up 

2.  3) The last known legal action from SCB, was summons (multiple summons for different accounts) through their appointed solicitors between 2009-?

3.  the latest in April-2021 with Discharge Letter received.

4.  b)  Make some reservation, as AIQON entitlement still has legal bearings

5.  (2012-2015)…I make trips to BNM (Insolvency-CCRIS Report)

6.   I need to navigate my last mile of financial escapee with extreme caution after AIQON comes into play

7.  What is missing from CTOS part if don’t mind enlightening.

8.  SeeYa !!!
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answered on Jun 25, 2021 at 13:05
by  
edited Jun 25, 2021 at 13:41
by   jeff005
DELLONS

Dissection of the above case facts :

1.  The banks (most) will keep "renewing the annual membership fees" adding daily compounded interests, adding monthly default repayment penalties, until the hole is big enuf to swallow up an elephant..!!

2.  A Writ of Summons does not 100% mean a successful lawsuit. Sometimes, it is file as a form of intimidation plus threat and can be withdrawn at the last minute. Only a current uptodate checking on the status of a debtor as at 30th June 2021 can only downplay any serious issues of the debtor's current status.

3.  You have settled other banks but not SCB. That's would be "unfair" in the eyes of SCB, right? This could be a "trigger" for the renewed interest in your SCB debt.
How would you know if this sharkfishhead is a also DCs of several banks?  Once you paid up one bank, the other bank will start its own case. It can be part a cartel of related colony of sharks..!!

4.  The legal bearings has limitations too. Subject to Limitations on the Seller of the Bad Debts, and whether the BDBs have the permit to charge interests as per Financial Laws of Malaysia.

5.  Need current CCRIS and  CTOS to check for any discrepancies.  

The shortcomings of CCRIS and CTOS have been discussed under @remymikael thread. Please refer to there for any further Qs.

YES..    CCRIS may not show any blacklistings, but CTOS may show otherwise. Some blacklisting shown in CTOS is by the appointed DCs of the banks. Surprised..?? there is so much more to learn. Further info can be found here :   https://www.lawyerment.com/answers/questions/13419/what-is-ccris-ctos-bnm-akpk-special-attention-account-or-dsr

6.  Finding this Lawyerment is ur luck /karma. There maybe, a backdoor escapee 4U

7.  Same as in (5) above.

8.  SeeYa !!!
No problem. By ur records, ur only 12.5km away from me.
After MCO 3.0 in 4 days time (if not extended), you can always find me at NSK@kuchai around 2-3pm whereby you may find a colony of nicotine addicts at basement 1 carpark. My face as per profile, can be found there..!!

Nicotine Lunch break.. to be continued..

Please say HI.. to our friend here



    
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answered on Jun 25, 2021 at 15:05
by  
edited Jun 25, 2021 at 15:07
by   DELLONS
@ jeff005

The Act in place is the LA 2018 
This act refers to a first debt lawsuit from the ori Creditor to Debtor failing which the debtor is under the protection of the 6 years Limitation Period.


Thank you for clarifying. Don't do much readings on Law for years, but thinking it is time for a change.

Apply it to SCB
If there is no lawsuit started on this debt within 6 years of 1st default the debt is under the protection of the 6 years limitation.

Apply it to Aigon
If there is a sale by a vesting order, if the debtor made no admission to the debt or have asked for "discounts" or have paid some "instalments" (to any offers), any lawsuits will not be successful if you have the knowledge on how to set aside the lawsuit.

For future lawsuits (if any)
The debtor must first be made a Judgement Debtor and the DEBT,
Judgment Debt.
This must be done within 6 years from date of 1st Default.

In short, it must be decree as a Judgment Debt before any sale to BDBs or else the rights to sue have expired and extended to aigon

Q: By “expired and extended to AQ”, it WILL NOT reset the LA clock at source (SCB), or I am wrong ?

A: “admission”, “discount” and “installment”…I only engage this part formally (B&W, Offer & Acceptance -> Payments) – I kanna before with a DC (lucky enough, only payments direct to my loan account, the bank finally accept my 1st Non B&W settlement plan through that DC, after 2years in dispute), when I am confident & ready…Nothing formally transpired between me and the FHS…yup, verbals (calls), I can talk a bit of nonsense (some form of entertaining) to get updates, SOA maybe ? It actually an opportunistic way for me to reconstruct my accounts standing after an incident...Sorry for this part in my previous writings, if you feel offended.

INFO: If you had viewed the 3 SOAs from AQ’Donkey’, the b/f @May-2008 were actually the ‘LAST statement balances’, trailing from old records to tally 2 accounts….the 1st Default must had occurred on May-2008 or earlier, or no more than 2 months later…Personally, I am still salvaging old archives to picture what actually happened to these accounts, in the past that leads to today predicament !!!  

The Moratorium of RM100K threshold is until Aug2022

I got my lifeline extended, for an extra a year. Much can be done if situation improved post pandemic.

My personal observation is that even at 50K, the threshold is not breached even when totaling the 3 debts. The figures have been exaggerated and exacerbated by non legal conformation of interests charged (this needs confirmation from courts extraction of any Judgment Debt).


There are 4 debts/accounts if to include AQ’Eagle’. But, I would say even combining all, still far from breaching the threshold of Rm50k. Except for the last mentioned, the 3 you noticed with huge amounts, purely ‘computational’ (to me) to inflate the sum owed.

Agree, need final confirmation of JD from courts extraction, so far no trail of any from years (since 2016) of CTOS check. Any JD and the date will very much alter my current standing.

If there is no lawsuit on the debtor before, the creditor can charge for the next 10 years and another 10, as there is NO OBJECTION from the debtor..!!
That is why there exists a Limitation Act.
The keytag is Lawsuit.


Poor me !!! I never get a chance to protest the high interest rate. But, all wait until my visit to the courts office, for more information.
 
MY Other comments

Wrong..
all properly registered DCs and BDBs are under the BNM Jurisdiction


Sorry for jumping the gun. Though I am doubtful they will act the same as general banks, more DC styled to me (I mean BDBs, as known AQ formerly DC for SCB).

That is becuz (my personal view), aigon was appointed as a DC for SCB in 2009 (with no legal action) and then sold to aigon via a vesting order in 2011.

So do you think the statement of acct send to you is legally correct when debt is "taken up" as aigon's being the creditor dated from 2009 onwards? Where is the proof of sale, proof of assignment (if any), and the Joint Notification by SCB-AIGON pertaining the Vesting Order send to the debtor?


Spots On !!!

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answered on Jun 25, 2021 at 16:33
by  
@ jeff005

Dissection of the above case facts :

2.  A Writ of Summons does not 100% mean a successful lawsuit. Sometimes, it is file as a form of intimidation plus threat and can be withdrawn at the last minute. Only a current uptodate checking on the status of a debtor as at 30th June 2021 can only downplay any serious issues of the debtor's current status.


Initially crossed my mind once I recollected the 1st few pieces of puzzle, after the FishHead sent me some emailed details…Started my research on ScB-AQ deal, applicable statues and found this Lawyerment Community…This may partly (inconclusively) explain non legal case updates for years…If it is ultimately true, the 6 years LA were far lapsed for any recourse.

3.  You have settled other banks but not SCB. That's would be "unfair" in the eyes of SCB, right? This could be a "trigger" for the renewed interest in your SCB debt.
How would you know if this sharkfishhead is a also DCs of several banks?  Once you paid up one bank, the other bank will start its own case. It can be part a cartel of related colony of sharks..!!

 
Fully aware of this karma cycles after many years burdened with monthly payments…Only difference, now is a BDB turn, appointing a FishHead to take bites on me, while I am left with not even bone to offer…maybe they want my life, seriously ???...Been having peace of mind for a year plus, AQ rises. Seriously giving a thought from other elder advises “You had paid enough in your half-riden life, find yourself a permanent exit and start anew while you still have more years to live”.

5.  Need current CCRIS and  CTOS to check for any discrepancies.  

I have my CTOS Full Report. The report revealed the same as years before – NO UPDATES…CCRIS will need to wait.

6.  Finding this Lawyerment is ur luck /karma. There maybe, a backdoor escapee 4U


Karma more likely !!!...I see backdoor, actually doors. My worse worry, the lucky one already permanently shutoff, the others are bobby-trapped ???...Just DM if you see one with safety net, while we maintain on this course (threads), I will keep it updated when new information available….STIIL, I maintain my stands, 1) I do not acknowledge SCB-AQ deal (should know from my main post). 2) No admittance to any claims, no negotiation (I am broke anyway, and many others as well during this trying time), welcome litigation.

8.  
Your appearance, looks familiar ? Will definitely enlist your helps/companionship if need ‘8 dishes full-course legal banquet’, hope the fees your charge aren’t too much.  


Please say HI.. to our friend here

 
HI Everyone !!!

And, please...
 
NEED ADVISE:-
Anyone has their latest visit to Mahkamah Ampang (Pandan Indah). My last visit there was years back for legal cases extraction. Checked from Google the building still listed as operational. Just wonder if can minimise travels to get things done smoother at close by places of planned visits…All comments welcome and appreciated.
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answered on Jun 25, 2021 at 21:18
by  
edited Jun 25, 2021 at 21:21
by   Tanavaroot
DELLONS

Started my research on ScB-AQ deal, applicable statues and found this Lawyerment Community…

Q :  You use Google or Firefox?
Was it easy to find Lawyerment?

This new thread started less than 48 hours and already reaching100 views which is less than remarkable.

It appears that there are many regular "morning digital news readers" on this forum, but it is not reaching the 100s of thousands victim debtors just with Ambank Vesting Order only.

The big Question is "WHY" ??

While there are many readers, there is little done by loyal readers to pass on the important posts information to the masses.

What have readers go to do to help others who needs critical information on their debts issues?

Very easy.. 

Just  "SHARE"  (one time) and "VOTE" every time you read a good post.



The more shared and votes, Google will capture it and accord priority whenever similar topics / contents appear. More readers will be able to find the topic that they are interested in.

So, do your part to share it to many others "in need".
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answered on Jun 26, 2021 at 00:05
by  
edited Jun 26, 2021 at 00:30
by   jeff005
DELLONS

By “expired and extended to AQ”, it WILL NOT reset the LA clock at source (SCB), or I am wrong ?
Even if you call for enquiries on your own account to SCB, it will not reset the LA clock. It will only reset if there is written admission or having paid some or even one instalment. This is provided for in one of the sections under LA.

I got my lifeline extended, for an extra a year.
For you it can be true, but wny are you still thinking of settling the expired debt? Do your homework properly and you may find that this debt need not be paid. It is the bank's own fault for not suing you within 6 years of 1st default.

However, the extra 2 years of the COVID BILL Moratorium can a disaster for some borderline bkcy threshold cases. It can mean that once there is a ceasefire, the 2 years of additional exacerbated interests can reach bankruptcy status and no longer under the protection of the Limitation Act. (It means that if one's debt reaches 50K during the Moratorium period but not exceeding 100K, the bank can file bkcy proceedings immediately after expiry of the moratorium amnesty.
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