For this post, I will be sharing different ways to check for bankruptcy status in Malaysia.
How to check for bankruptcy status in Malaysia?
Recently I helped a friend to check some information on bankruptcy status in Malaysia.
In Malaysia, when a person is declared bankrupt, he will not be allowed to travel outside of Malaysia. But, he can travel outside of Malaysiasia with permission from the Direct General of Insolvency.
So, one way to check on bankruptcy status in Malaysia will be through the Malaysia Immigration Department.
You can check the travel status from the Immigration Department Malaysia. For this purpose, you will need the 12 digits identification card number (NRIC) of the person you wish to check for.
Based on the checking, if a person is not allowed to travel outside of Malaysia, there might be a possibility that he is on the bankruptcy list.
But, bear in mind, there could be other reasons as well such as:
- blacklisted for not paying the PTPTN study loan
- IRB travel was blacklisted due to didn’t pay income tax
And, of course, the best way would be to check through the Malaysia Department of Insolvency (MDI). Through MDI, you can get the complete details of the bankruptcy info.
For that, you can get more info on the MDI official website.
Final thoughts
Bankruptcy status is something not many are willing to talk about. Yet, it can be a very important part of a person’s life.
There could be many reasons causing bankruptcy. But, it is not the end of the world. One can always find a solution to overcome it and start all over again.
Hopefully, the above sharing is beneficial to you.
