IF you are a parent, you would be very happy and proud of your child if he fulfils his responsibilities in life, including paying back what he owes to his creditors. Heavens forbid, but if your child were to be declared bankrupt, you would do everything within your means to help him get out of the situation.
The Insolvency Department of Malaysia is vested with “parental” authority to help citizens who are responsible enough to settle whatever debts they have incurred in the past.
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