Re: DISCHARGE FROM BANKRUPTCY (Re: S'pore June bankruptcies rise to three-month high)


Fact that you replied indicates that you are running scared.
You may hear from the CPIB next.
You are an expert on bankruptcies as you claim to be well aware of the
regulations and practices of even USA and UK
Or do we smell your bull*** here as is usual as you produce so much ***?


.."George Soros" <george@xxxxxxxxx> wrote in message
news:lsgmb2pkvi1vlqc14b85htvcrakmv9eoo5@xxxxxxxxxx
Wah...... I am scared man!!

On Mon, 17 Jul 2006 15:06:22 +0800, "World Citizen" <World@xxxxxxxxx>
wrote:

You want our chenghu to sue you and then deport you back to Johor Baru?

I'm forwarding this email to OA Office .....

"George Soros" <george@xxxxxxxxx> wrote in message
news:pivlb2hv7p938cs1954bitp6lp90trltj8@xxxxxxxxxx

Gahmen is tweaking the system to make release from bankruptcies much
easier. Die, die must make the numbers look good. And OA hatchet man
will make the numbers of bankruptcies get significantly reduced.

I got a friend who was owed 4.8 million bucks but the bankrupt paid
only $3000 over 7 years and now OA is helping to get
High Court to discharge the bankrupt!! The bankrupt declared a salary
of $3,000 but paid only $50 monthly towards creditors' fund...

Ladies and gentlemen: this is one way of getting rich - cheat as much
as you can, declare bankruptcy and start on a clean slate 7 years
later!!

OA protects bankrupts, who is there to protect legal creditors? Who is
there to make sure bankrupts and OA office play by the rules???

After 7 years, OA will apply on behalf of bankrupt (no matter what)
for a Court ordered discharge which more often than not are granted on
strength of some hocus pocus report.....

Foreign investors should take note that Bankruptcy in Singapore has
been tweaked and take it with a pinch of salt. It is not same as in
USA or UK!



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