Johor Insolvency Department to release 13,700 from bankruptcy by year-end

PENGERANG: The Johor Insolvency Department will issue certificates to some 13,700 individuals this year under the second chance policy to release them from their bankruptcy status.

Its director Juanita Mohd Said stated that this follows amendments made to the Insolvency Act (Amended) 2023 (A1695), which had been enforced since Oct 6 last year.