22 Jun Debt Repayment Scheme Under Scrutiny: How New Laws Could Change the Landscape
Understanding the Changes to Protect Financial Advisors and Debtors The Debt Repayment Scheme (DRS), a well-intentioned financial safety net designed by the Ministry of Law (MinLaw) in Singapore, has recently been scrutinized. Initially established to help individuals avoid bankruptcy and systematically repay their unsecured debts, the...