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I WOULD like to support the views expressed by Ho Wah Foon in the article “Amend bankruptcy law quick” (The Star, Sept 5). She, quite rightly, stated that the Bankruptcy Act 1967 “is long overdue for a proper overhaul to turn it into a fair and humane piece of legislation”.
The current law is a piece of outdated and punitive legislation that is biased in favour of creditors and financial institutions. Our politicians have been promising to change the law for many years now but have not done so purely because of the pressure and lobbying from the banks.
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