Singapore Expats

it is a civil but not criminal case in singapore. Bank can only file him to bankruptcy if the amount is more than S$10K.

Bankruptcy filing may take few months to the final courts judgement. There is no way the police in overseas or police in sg will catch as this is not criminal.

davidgan666 wrote:it is a civil but not criminal case in singapore. Bank can only file him to bankruptcy if the amount is more than S$10K.

Bankruptcy filing may take few months to the final courts judgement. There is no way the police in overseas or police in sg will catch as this is not criminal.

There could be some circumstances making it a criminal offense. I realize it is rather a rare case but if from the whole debts history it is clear beyond reasonable doubt that the credit was never intended to be paid, this would be criminal.

x9200 wrote:

davidgan666 wrote:it is a civil but not criminal case in singapore. Bank can only file him to bankruptcy if the amount is more than S$10K.

Bankruptcy filing may take few months to the final courts judgement. There is no way the police in overseas or police in sg will catch as this is not criminal.

There could be some circumstances making it a criminal offense. I realize it is rather a rare case but if from the whole debts history it is clear beyond reasonable doubt that the credit was never intended to be paid, this would be criminal.

yes, very rare cases, so far it is considered a civil case. so far yet to have heard any of the similar case person come back and tell us their latest status - person who run away with debts and what is the outcome .... anyone mind to share?

davidgan666 wrote:

x9200 wrote:

davidgan666 wrote:it is a civil but not criminal case in singapore. Bank can only file him to bankruptcy if the amount is more than S$10K.

Bankruptcy filing may take few months to the final courts judgement. There is no way the police in overseas or police in sg will catch as this is not criminal.

There could be some circumstances making it a criminal offense. I realize it is rather a rare case but if from the whole debts history it is clear beyond reasonable doubt that the credit was never intended to be paid, this would be criminal.

yes, very rare cases, so far it is considered a civil case. so far yet to have heard any of the similar case person come back and tell us their latest status - person who run away with debts and what is the outcome .... anyone mind to share?

davidgan666, you have been posting to all bankruptcy-related threads in the last one hour, either to find out what happened to the OPs that haven't updated since, or in capacity of a person dispensing knowledge on the subject. What is your intention? I know it is none of my business but your pattern got my interest.

the lynx wrote:

davidgan666 wrote:

x9200 wrote: There could be some circumstances making it a criminal offense. I realize it is rather a rare case but if from the whole debts history it is clear beyond reasonable doubt that the credit was never intended to be paid, this would be criminal.

yes, very rare cases, so far it is considered a civil case. so far yet to have heard any of the similar case person come back and tell us their latest status - person who run away with debts and what is the outcome .... anyone mind to share?

davidgan666, you have been posting to all bankruptcy-related threads in the last one hour, either to find out what happened to the OPs that haven't updated since, or in capacity of a person dispensing knowledge on the subject. What is your intention? I know it is none of my business but your pattern got my interest.

haha... i have been advising on what i know and i also asking what i do not know in details ... so what you think? i have seen many similar cases in this kind of topic, i provide what i know but i also curious to find out what is the actual fact .....

so far my intention harm no one .. and there is no intention but just curiosity on what i do not know only

If you are an expat, and you run up a large amount of debt and leave the country without paying those debts (which can easily be done by monthly payment from whatever country you happen to be in), then you will very likely be treated as a fraud case. Fraud is criminal, I believe, not civil. Are you local or foreign?

As you are posting from a Selangor IP address, are you Malaysian? If so, I'm pretty sure that somebody would probably be commissioned to collect from you. Probably wouldn't be pretty either.

You have researched very well, but that begs the question now as to why. It would appear that you already have all the answers, but your dredging up old threads is usually the sign of an advertiser.......