Three conditions for bankruptcy status to be lifted, says Azalina

PETALING JAYA: Individuals who fulfil three conditions can apply to the Insolvency Department to be lifted from their bankruptcy status, says Datuk Seri Azalina Othman Said.

According to the Minister in the Prime Minister's Department (Law and Institutional Reform), the first condition required that the declaration of bankruptcy had passed the five-year period from the date of the acceptance order and the judgment order or bankruptcy order.