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How can the debtor know the number
of creditors and how many creditors
file for claim of debt repayment?
These information may be available when the
official receiver reviews the applications for claim
of debt repayment. When the court has placed the
receivership, the official receiver shall publish such
order in at least one daily newspaper and in the
Government Gazette. Creditors who wish to be
repaid from the debtor’s properties may file an
application for debt repaymentwithin 2 months
from the date of publication, which in practice
starts from the date of publication in the Government
Gazette as it is the day after the publication in local
newspaper. Any creditor who fails to file a claim of
debt repayment, despite the fact that the debtor is
later discharged from bankruptcy, may not be repaid.
Exception applies for the secured creditors who need
not to file an application but need to allow the
The Legal Execution Department Hotline 1111 ext. 79 However, if the secured creditor wishes to be repaid,
official receiver to check the secured properties.
he is required to file a claim of debt repayment
within the same timeframe and specify the conditions
for repayment as stipulated in the law.
26 Responses to Inquiries relating
to Legal Execution in Bankruptcy Cases