{"id":606,"date":"2023-11-02T10:52:09","date_gmt":"2023-11-02T02:52:09","guid":{"rendered":"https:\/\/www.debtcollector.my\/?p=606"},"modified":"2025-11-27T03:43:15","modified_gmt":"2025-11-26T19:43:15","slug":"bankruptcy-in-malaysia","status":"publish","type":"post","link":"https:\/\/www.recoverdebt.my\/bm\/legal-enforcement\/bankruptcy-in-malaysia\/","title":{"rendered":"A Creditor\u2019s Guide To Bankruptcy Proceedings In Malaysia"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-white ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.recoverdebt.my\/bm\/legal-enforcement\/bankruptcy-in-malaysia\/#Key_terms\" >Key terms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.recoverdebt.my\/bm\/legal-enforcement\/bankruptcy-in-malaysia\/#Requirements\" >Requirements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.recoverdebt.my\/bm\/legal-enforcement\/bankruptcy-in-malaysia\/#Procedure\" >Procedure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.recoverdebt.my\/bm\/legal-enforcement\/bankruptcy-in-malaysia\/#After_a_bankruptcy_order_is_declared\" >After a bankruptcy order is declared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.recoverdebt.my\/bm\/legal-enforcement\/bankruptcy-in-malaysia\/#Order_of_debt_repayment\" >Order of debt repayment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.recoverdebt.my\/bm\/legal-enforcement\/bankruptcy-in-malaysia\/#When_to_use_a_bankruptcy_petition\" >When to use a bankruptcy petition<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.recoverdebt.my\/bm\/legal-enforcement\/bankruptcy-in-malaysia\/#Our_thoughts\" >Our thoughts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.recoverdebt.my\/bm\/legal-enforcement\/bankruptcy-in-malaysia\/#Let_Rule_Co_handle_your_debt_recovery\" >Let Rule &amp; Co handle your debt recovery<\/a><\/li><\/ul><\/nav><\/div>\n<p><span style=\"font-weight: 400;\">Upon obtaining a judgement against an individual debtor, bankruptcy proceedings under the <\/span><a href=\"https:\/\/ptg.melaka.gov.my\/storage\/UNDANG-UNDANG\/10.%20Insolvency%20Act%20[Act%20360].pdf\" target=\"_blank\" rel=\"noopener\"><b>Insolvency Act 1967<\/b><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.mdi.gov.my\/wp-content\/uploads\/2025\/04\/Kaedah-Kaedah-Insolvensi-2017.pdf\" target=\"_blank\" rel=\"noopener\"><b>Insolvency Rules 2017<\/b><\/a><span style=\"font-weight: 400;\"> are, as the kids say, the \u2018final boss\u2019 of legal debt enforcement methods.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Specifically, upon being declared bankrupt, the debtor\u2019s assets are placed under full control of a third party who ensures all proven creditors are repaid in the right order.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-2697 aligncenter\" src=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/news-article-of-bankruptcy-proceedings-against-an-individual-debtor-in-Malaysia-278x300.png\" alt=\"news article of bankruptcy proceedings against an individual debtor in Malaysia\" width=\"278\" height=\"300\" srcset=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/news-article-of-bankruptcy-proceedings-against-an-individual-debtor-in-Malaysia-278x300.png 278w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/news-article-of-bankruptcy-proceedings-against-an-individual-debtor-in-Malaysia-11x12.png 11w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/news-article-of-bankruptcy-proceedings-against-an-individual-debtor-in-Malaysia.png 666w\" sizes=\"(max-width: 278px) 100vw, 278px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">For creditors considering the merits of this remedy, we dare say our guide is the most comprehensive breakdown available short of reading the Act itself, covering:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">terms related to the process<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">statutory requirements<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">formal steps<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">what happens <\/span><i><span style=\"font-weight: 400;\">after <\/span><\/i><span style=\"font-weight: 400;\">bankruptcy is declared<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">key considerations, and<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">our practical observations<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">It\u2019s a long read, but it\u2019s a complicated subject!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Alternatively, skip the reading and reach out for a free recovery assessment.<\/span><\/p>\n<p><a href=\"https:\/\/bit.ly\/rncblog\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" class=\"wp-image-2513 aligncenter\" src=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-1024x1024.png\" alt=\"\" width=\"309\" height=\"309\" srcset=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-1024x1024.png 1024w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-300x300.png 300w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-150x150.png 150w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-768x768.png 768w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-12x12.png 12w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-600x600.png 600w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button.png 1080w\" sizes=\"(max-width: 309px) 100vw, 309px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Otherwise, let\u2019s begin.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_terms\"><\/span><span style=\"font-weight: 400;\">Key terms<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">To help readers understand the guide, we\u2019d like to start by clearly defining six key terms. <\/span><span style=\"font-weight: 400;\">Feel free to skip this part for now, it\u2019s always here if you need clarification!<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Term<\/b><\/td>\n<td><b>Meaning<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Act of bankruptcy (AOB)<\/b><\/td>\n<td><span style=\"font-weight: 400;\"> An act signifying a judgement debtor is unable to pay their debts<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Bankruptcy notice<\/b><\/td>\n<td><span style=\"font-weight: 400;\">A formal notice compelling a judgement debtor to address a judgement debt <\/span><b>within seven (7) days<\/b><span style=\"font-weight: 400;\">, and failure to comply establishes an AOB<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Creditor\u2019s bankruptcy petition<\/b><\/td>\n<td><span style=\"font-weight: 400;\">A court application filed once an AOB is established, asking to declare the judgement debtor bankrupt<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Bankruptcy order (BO)<\/b><\/td>\n<td><span style=\"font-weight: 400;\">A final court order declaring the judgement debtor bankrupt and handing control of their assets to an impartial third party<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/apps.mdi.gov.my\/direktori\/utama\/org\/23\" target=\"_blank\" rel=\"noopener\"><b>Director General of Insolvency (DGI)<\/b><\/a><\/td>\n<td><span style=\"font-weight: 400;\">A government officer who takes control of the bankrupt\u2019s assets, liquidates them, and distributes proceeds to creditors<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Social guarantor<\/b><\/td>\n<td><span style=\"font-weight: 400;\">A party who guarantees a non-business loan such as for education, research, personal hire-purchase, or a housing loan for personal use<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Substituted service<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Alternative methods to serve a notice on a debtor who is avoiding attempts to be served personally, such as posting the document at the court&#8217;s notice board\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Requirements\"><\/span><span style=\"font-weight: 400;\">Requirements<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Section 5 of the Insolvency Act sets out rules for a creditor to file a bankruptcy petition against the judgement debtor or their guarantors.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Main judgement debtor<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Four statutory conditions must be met:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the amount owed is a fixed (liquidated) <\/span><a href=\"https:\/\/www.mdi.gov.my\/wp-content\/uploads\/2025\/04\/Akta-1624-Akta-Insolvensi-Pindaan-2020.pdf\" target=\"_blank\" rel=\"noopener\"><b>sum of at least (currently) RM100,000<\/b><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the debt is undisputed, typically confirmed by an existing judgment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">an Act of Bankruptcy (AOB) occurred within the last six months<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the debtor has a link to Malaysia by living here, owning a home, or doing business<\/span><\/li>\n<\/ul>\n<p><b>Note:<\/b><span style=\"font-weight: 400;\"> The debt threshold of RM100,000 was raised from the previous RM50,000 by the <\/span><a href=\"https:\/\/www.mdi.gov.my\/wp-content\/uploads\/2025\/04\/Akta-1624-Akta-Insolvensi-Pindaan-2020.pdf\" target=\"_blank\" rel=\"noopener\"><b>Insolvency (Amendment) Act 2020<\/b><\/a><span style=\"font-weight: 400;\">, and may be amended in the future.\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"wp-image-2698 aligncenter\" src=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/example-of-bankruptcy-proceedings-against-debtor-owing-407-million-dollars-in-tax-arrears-300x223.png\" alt=\"example of bankruptcy proceedings against debtor owing 407 million dollars in tax arrears\" width=\"369\" height=\"274\" srcset=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/example-of-bankruptcy-proceedings-against-debtor-owing-407-million-dollars-in-tax-arrears-300x223.png 300w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/example-of-bankruptcy-proceedings-against-debtor-owing-407-million-dollars-in-tax-arrears-768x571.png 768w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/example-of-bankruptcy-proceedings-against-debtor-owing-407-million-dollars-in-tax-arrears-16x12.png 16w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/example-of-bankruptcy-proceedings-against-debtor-owing-407-million-dollars-in-tax-arrears.png 968w\" sizes=\"(max-width: 369px) 100vw, 369px\" \/><\/p>\n<p style=\"text-align: center;\"><i><span style=\"font-weight: 400;\">Maybe not <\/span><\/i><b><i>that <\/i><\/b><i><span style=\"font-weight: 400;\">high.<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Whenever you\u2019re reading, we just have to make sure the debt exceeds the current threshold!<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Guarantors<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If the petition is brought against a guarantor, two additional rules apply:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the court must be satisfied that all other reasonable recovery methods have been exhausted, including bankruptcy or winding-up proceedings against the main debtor<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>social guarantors<\/b><span style=\"font-weight: 400;\"> are protected by statute and cannot be made bankrupt<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If all conditions are met, the creditor must still get the court\u2019s permission before filing a bankruptcy petition against them.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Procedure\"><\/span><span style=\"font-weight: 400;\">Procedure<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Assuming we have determined a case meets all the requirements above, <\/span><b>a bankruptcy proceeding has three main stages<\/b><span style=\"font-weight: 400;\">:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Serving a bankruptcy notice<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Filing a bankruptcy petition<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Court hearing and bankruptcy order declaration<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">From start to finish,<\/span><b> a straightforward case easily takes several months<\/b><span style=\"font-weight: 400;\">, and complicated cases where the judgement debtor disputes or stays proceedings can take longer still.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Stage 1: Serving a bankruptcy notice<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">At this stage, we <\/span><b>draft and serve the judgement debtor with a bankruptcy notice, giving them seven (7) days<\/b><span style=\"font-weight: 400;\"> to pay the debt in full, negotiate, or dispute the claim.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2700 aligncenter\" src=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-1-232x300.jpg\" alt=\"form 34 bankruptcy notice sample page 1\" width=\"232\" height=\"300\" srcset=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-1-232x300.jpg 232w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-1-791x1024.jpg 791w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-1-768x994.jpg 768w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-1-1187x1536.jpg 1187w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-1-9x12.jpg 9w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-1.jpg 1275w\" sizes=\"(max-width: 232px) 100vw, 232px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2701 aligncenter\" src=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-2-232x300.jpg\" alt=\"form 34 bankruptcy notice sample page 2\" width=\"232\" height=\"300\" srcset=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-2-232x300.jpg 232w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-2-791x1024.jpg 791w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-2-768x994.jpg 768w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-2-1187x1536.jpg 1187w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-2-9x12.jpg 9w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-34-bankruptcy-notice-sample-page-2.jpg 1275w\" sizes=\"(max-width: 232px) 100vw, 232px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Debtors who can avoid bankruptcy often settle here, making this the stage most likely for an out-of-court resolution, and as we explain later, the main use of bankruptcy actions.<\/span><\/p>\n<h4><b>Additional step for guarantors<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">If the petition will be against a non-social guarantor, we will also obtain permission from the court to file a bankruptcy notice after all enforcement avenues have been exhausted against the main debtor.<\/span><\/p>\n<p><b>Failure to comply establishes an act of bankruptcy<\/b><span style=\"font-weight: 400;\"> and allows us to move to the next stage.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Stage 2: Filing a creditor\u2019s bankruptcy petition<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If the debtor ignores the notice, we proceed to <\/span><b>file a creditor\u2019s bankruptcy petition in the High Court<\/b><span style=\"font-weight: 400;\">, setting out:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">debt details<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">proof of non-compliance with the bankruptcy notice, and<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">your right to request a bankruptcy order<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2702 aligncenter\" src=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-1-212x300.jpg\" alt=\"form 41 bankruptcy petition sample Malaysia showing initial judgement debt and accrued interest page 1\" width=\"212\" height=\"300\" srcset=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-1-212x300.jpg 212w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-1-725x1024.jpg 725w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-1-768x1085.jpg 768w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-1-1087x1536.jpg 1087w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-1-8x12.jpg 8w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-1.jpg 1242w\" sizes=\"(max-width: 212px) 100vw, 212px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2703 aligncenter\" src=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-2-212x300.jpg\" alt=\"form 41 bankruptcy petition sample Malaysia showing initial judgement debt and accrued interest page 2\" width=\"212\" height=\"300\" srcset=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-2-212x300.jpg 212w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-2-725x1024.jpg 725w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-2-768x1085.jpg 768w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-2-1087x1536.jpg 1087w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-2-8x12.jpg 8w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/form-41-bankruptcy-petition-sample-Malaysia-showing-initial-judgement-debt-and-accrued-interest-page-2.jpg 1242w\" sizes=\"(max-width: 212px) 100vw, 212px\" \/><\/p>\n<p><b>We must also serve the petition to the judgement debtor in person<\/b><span style=\"font-weight: 400;\">, and should they attempt to evade service, apply for it to be served via substituted service.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Stage 3: Hearing and bankruptcy order<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">At the hearing, the court will consider whether:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the debt is valid and undisputed<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the bankruptcy notice was properly served, and<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">an AOB has occurred<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Our task here is to prepare for any objections, and if satisfied, the court may issue a bankruptcy order (BO) officially declaring the debtor bankrupt.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This marks the end of the bankruptcy proceeding, but actual debt <\/span><i><span style=\"font-weight: 400;\">recovery <\/span><\/i><span style=\"font-weight: 400;\">is still a ways away.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"After_a_bankruptcy_order_is_declared\"><\/span><span style=\"font-weight: 400;\">After a bankruptcy order is declared<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The moment a BO is declared, the DGI assumes control of all assets belonging to the bankrupt.\u00a0<\/span><span style=\"font-weight: 400;\"><strong>Sections 8, 13, 15, 16, and 17<\/strong> set out the full legal framework for what happens next, but here\u2019s a summary of parts creditors should be aware of, in the correct sequence:\u00a0<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">As soon as possible, we file a <\/span><a href=\"https:\/\/www.rulecolaw.com\/post\/proof-of-debt\" target=\"_blank\" rel=\"noopener\"><b>proof of debt (POD)<\/b><\/a><span style=\"font-weight: 400;\"> with the DGI on your behalf<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The bankrupt files an affidavit with the DGI listing their partners, residences, assets, and liabilities<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The bankrupt files a full Statement of Affairs detailing assets, liabilities, creditors, and causes of insolvency<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">As fast as possible, the DGI realises the bankrupt\u2019s assets and distributes the proceeds to creditors according to the statutory order of priority<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Regarding Step 4, Section 62 of the Insolvency Act requires the DGI to act as fast as is reasonably possible, and<\/span><b> the first round of payments should be within 12 months of the BO declaration<\/b><span style=\"font-weight: 400;\"> unless there are valid reasons. However, in reality, this timeline may not always be fulfilled.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Creditors\u2019 meeting and public examination (optional)<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The DGI may call for a creditors\u2019 meeting or request a public examination in court where the bankrupt is questioned under oath by creditors. This <\/span><i><span style=\"font-weight: 400;\">usually <\/span><\/i><span style=\"font-weight: 400;\">happens right after the BO is declared, though it can be requested any time the DGI wishes to:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">review and consider payment proposals offered by the bankrupt<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">determine how to best deal with the bankrupt\u2019s property<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">understand the wishes of creditors regarding the administration of the estate<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">examine the bankrupt\u2019s conduct, dealings, and property under oath<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">investigate potential misconduct such as <\/span><a href=\"https:\/\/www.rulecolaw.com\/post\/clawback-provisions-in-malaysian-bankruptcy-and-winding-up-laws\" target=\"_blank\" rel=\"noopener\"><b>fraudulent transfers<\/b><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">conduct an official investigation with legal support<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">allow creditors to question the bankrupt<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Order_of_debt_repayment\"><\/span><span style=\"font-weight: 400;\">Order of debt repayment<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>After the DGI has first set enough money aside to cover administration costs<\/b><span style=\"font-weight: 400;\">, Section 43 of the Insolvency Act sets out the order in which debts are repaid from a bankrupt\u2019s assets, from highest to lowest priority:<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Tier 1: Preferential debts &amp; administrative costs<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">wages owed for services rendered within five months before the BO<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">employer contributions due within 12 months before the BO<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">tax payable within 12 months before the BO<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">all amounts due under laws relating to workmen\u2019s compensation<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Tier 2: Partnership debts (if applicable)<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If the bankrupt is a partner, partnership property is first applied to settle joint partnership debts, while the bankrupt\u2019s personal property is used to settle their personal debts.<\/span><\/p>\n<p><b>Any surplus from either pool is then combined and used to repay remaining debts<\/b><span style=\"font-weight: 400;\">, apportioned according to the partner\u2019s share.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Tier 3: All other unsecured creditors<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">After preferential debts are settled, all other proven debts are paid<\/span><i><span style=\"font-weight: 400;\"> pari passu<\/span><\/i><span style=\"font-weight: 400;\">, meaning creditors in this tier are paid proportionately based on the size of their proven claims.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For most readers, this is the category you likely fall under.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Tier 4: Post-bankruptcy interest<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Any surplus remaining after Tier 1 &#8211; 3 have been paid in full is then used to pay any interest accrued after the date of the BO.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">What about secured creditors?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A bankruptcy order <\/span><b>does not affect a secured creditor\u2019s claim on a specific property of the bankrupt<\/b><span style=\"font-weight: 400;\">. They typically have first dibs on the secured property by virtue of having a registered charge over the asset (e.g. banks having a charge over a house they have provided you a loan to buy), removing it from the pool of assets available to unsecured creditors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the property doesn\u2019t cover the full debt, the remaining balance becomes an unsecured claim, and they may enter Tier 3 to take their chances at recovery as an unsecured creditor (of course, after filing a proof of debt with the DGI).\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"When_to_use_a_bankruptcy_petition\"><\/span><span style=\"font-weight: 400;\">When to use a bankruptcy petition<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A creditor\u2019s bankruptcy petition is most effective as a<\/span><b> pressure tool to encourage solvent individual debtors to repay their debts or start negotiations<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2705 aligncenter\" src=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/news-article-of-a-potentially-highly-solvent-debtor-being-pressured-with-a-bankruptcy-notice-in-Malaysia-300x205.png\" alt=\"news article of a potentially highly solvent debtor being pressured with a bankruptcy notice in Malaysia\" width=\"300\" height=\"205\" srcset=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/news-article-of-a-potentially-highly-solvent-debtor-being-pressured-with-a-bankruptcy-notice-in-Malaysia-300x205.png 300w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/news-article-of-a-potentially-highly-solvent-debtor-being-pressured-with-a-bankruptcy-notice-in-Malaysia-1024x700.png 1024w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/news-article-of-a-potentially-highly-solvent-debtor-being-pressured-with-a-bankruptcy-notice-in-Malaysia-768x525.png 768w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/news-article-of-a-potentially-highly-solvent-debtor-being-pressured-with-a-bankruptcy-notice-in-Malaysia-18x12.png 18w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/news-article-of-a-potentially-highly-solvent-debtor-being-pressured-with-a-bankruptcy-notice-in-Malaysia.png 1054w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">This is because for unsecured creditors, following through with a bankruptcy petition is only effective as a debt recovery tool when the debtor has:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">substantial assets, and<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">few or no tax \/ employee liabilities and secured creditors<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In practice, most indebted individuals do not meet these conditions, while those that <\/span><i><span style=\"font-weight: 400;\">do <\/span><\/i><span style=\"font-weight: 400;\">are unlikely to allow themselves to be bankrupted! <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">There is also the <\/span><b>risk of debtors unlawfully transferring assets out to relatives and associates shortly before being made bankrupt<\/b><span style=\"font-weight: 400;\">. Although the law <\/span><i><span style=\"font-weight: 400;\">technically <\/span><\/i><span style=\"font-weight: 400;\">contains \u2018clawback\u2019 provisions, these are seldom enforced due to difficulty in tracing and legal complications in clawing back transferred assets among other factors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For creditors seeking to follow through with legal enforcement, there are often quicker, better and more direct options.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">When other enforcement methods may be better<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Assuming we begin with a <\/span><a href=\"https:\/\/www.rulecolaw.com\/post\/judgment-debtor-summons\" target=\"_blank\" rel=\"noopener\"><b>judgment debtor summons<\/b><\/a><span style=\"font-weight: 400;\"> to get an accurate appraisal of the debtor\u2019s finances, various enforcement methods would work better based on our findings.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: left;\"><b>Finding<\/b><\/p>\n<\/td>\n<td><b>Recommended enforcement method<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Debtor has bank accounts or cash<\/span><\/td>\n<td><a href=\"https:\/\/www.rulecolaw.com\/post\/garnishee-proceedings\" target=\"_blank\" rel=\"noopener\"><b>Garnishee proceedings<\/b><\/a><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Debtor has movable assets (vehicles, equipment)\u00a0<\/span><\/td>\n<td><a href=\"https:\/\/www.rulecolaw.com\/post\/writ-of-seizure-sale\" target=\"_blank\" rel=\"noopener\"><b>Writ of seizure and sale<\/b><\/a><span style=\"font-weight: 400;\">, charging order<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Company has a signed personal guarantee from directors<\/span><\/td>\n<td><a href=\"https:\/\/www.rulecolaw.com\/post\/case-study-how-a-hidden-clause-turned-a-rm300-000-default-into-full-recovery\" target=\"_blank\" rel=\"noopener\"><b>Direct enforcement against guarantor<\/b><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">And of course, if the debtor is willing, we always encourage out-of-court settlements.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Our_thoughts\"><\/span><span style=\"font-weight: 400;\">Our thoughts<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In our experience, aside from the lasting damage it inflicts, <\/span><b>forced bankruptcy is rarely effective as a direct recovery method<\/b><span style=\"font-weight: 400;\">. We personally reserve bankruptcy as a final, last resort when other more direct enforcement recovery methods are not viable.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2699 aligncenter\" src=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/bankruptcy-proceedings-used-against-debtor-who-failed-to-pay-damanges-for-defamation-300x221.png\" alt=\"bankruptcy proceedings used against debtor who failed to pay damanges for defamation\" width=\"300\" height=\"221\" srcset=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/bankruptcy-proceedings-used-against-debtor-who-failed-to-pay-damanges-for-defamation-300x221.png 300w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/bankruptcy-proceedings-used-against-debtor-who-failed-to-pay-damanges-for-defamation-768x566.png 768w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/bankruptcy-proceedings-used-against-debtor-who-failed-to-pay-damanges-for-defamation-16x12.png 16w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2023\/11\/bankruptcy-proceedings-used-against-debtor-who-failed-to-pay-damanges-for-defamation.png 956w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p style=\"text-align: center;\"><i><span style=\"font-weight: 400;\">Of course, sometimes it\u2019s about sending a message.<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Individuals facing bankruptcy are often saddled with multiple debts, and unsecured creditors\u2014the majority of our clients\u2014are at a disadvantage due to their low position in the repayment order.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Instead, treat it as a tool against individuals for whom the threat of a petition will prompt payment or at least discussions within seven days of the bankruptcy notice being served.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s it from us, and we wish you a smooth debt recovery <\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Let_Rule_Co_handle_your_debt_recovery\"><\/span><span style=\"font-weight: 400;\">Let Rule &amp; Co handle your debt recovery<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/bit.ly\/rncblog\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" class=\"wp-image-2513 aligncenter\" src=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-1024x1024.png\" alt=\"\" width=\"309\" height=\"309\" srcset=\"https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-1024x1024.png 1024w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-300x300.png 300w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-150x150.png 150w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-768x768.png 768w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-12x12.png 12w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button-600x600.png 600w, https:\/\/www.recoverdebt.my\/wp-content\/uploads\/2025\/09\/Recoverdebt-whatsapp-us-CTA-button.png 1080w\" sizes=\"(max-width: 309px) 100vw, 309px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019ve sent reminders and been ignored or simply don\u2019t want the hassle of chasing payments, Rule &amp; Co is a debt recovery law firm that focuses on helping creditors recover debts through\u00a0 legal strategies that minimise upfront cost and maximise recovery while protecting your reputation.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Upon obtaining a judgement against an individual debtor, bankruptcy proceedings under the Insolvency Act 1967 and Insolvency Rules 2017 are, as the kids say, the \u2018final boss\u2019 of legal debt enforcement methods.\u00a0 Specifically, upon being declared bankrupt, the debtor\u2019s assets are placed under full control of a third party who ensures all proven creditors are [&hellip;]<\/p>","protected":false},"author":1,"featured_media":618,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[30],"tags":[],"class_list":["post-606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal-enforcement","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.recoverdebt.my\/bm\/wp-json\/wp\/v2\/posts\/606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.recoverdebt.my\/bm\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.recoverdebt.my\/bm\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.recoverdebt.my\/bm\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.recoverdebt.my\/bm\/wp-json\/wp\/v2\/comments?post=606"}],"version-history":[{"count":0,"href":"https:\/\/www.recoverdebt.my\/bm\/wp-json\/wp\/v2\/posts\/606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.recoverdebt.my\/bm\/wp-json\/wp\/v2\/media\/618"}],"wp:attachment":[{"href":"https:\/\/www.recoverdebt.my\/bm\/wp-json\/wp\/v2\/media?parent=606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.recoverdebt.my\/bm\/wp-json\/wp\/v2\/categories?post=606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.recoverdebt.my\/bm\/wp-json\/wp\/v2\/tags?post=606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}