via Bloomberg:
The nation’s parliament passed a bill yesterday that will allow people with debt of as much as S$100,000 ($66,600) to work out a repayment plan with their creditors without being declared bankrupt, avoiding what the government calls the “attendant disabilities and social stigma” that come with insolvency.
More travel & lifestyle posts:
- 10 Things You Should Avoid to Find Happiness
- Video: How Ordinary People Become Monsters Or Heroes
- Do You Know Lease Buyback Scheme? New Monetisation Option
- StarHub pfingo: Make Cheap Calls Using the Internet
- View People Photos from Singapore or Any Other Countries
- Laughter Helps People Lead Healthier Lives
- Stop People Peeking over your Phone with 3M Mobile Privacy Film
