Almost 190,000 freed from bankruptcy under govt's second chance policy

KUALA LUMPUR: At least 187,652 individuals with debts not exceeding RM200,000 have been discharged from bankruptcy from March 2023 until June 2025 as part of the government's Second Chance Policy, says M. Kulasegaran.

The Deputy Minister in the Prime Minister's Department (Law and Institutional Reform) said this included young adults under the age of 40, which shows the government's commitment to implement key reforms.