Writ of Seizure and Sales - PLEASE Advise.

[looneytan]

...... I think they took his PC away already

:(:(:(

 

[eatshitndie]

...... I think they took his PC away already

:(:(:(

most likely, his 500 gigabyte ssd will go first. :o

 

[soIsee]

Bro,

Not going to ask how you chalked up those debts, just want to advise you to start by spending within your means.
Follow this strictly: Income - Savings = Expenditure

Hope this helps. In the meantime, keep your spirits up.

You are apparently dishing advice out to the wrong kind of ppl.

If the person can reach the stage of writ and seizure, it means...

1) the fella has been ignoring 'to pay up notices'.

2) absent and refuses to attend to legal actions taken against him

3) refuses to work out a debt repayment plan

4) And of course by posting here, demonstrate that he is even going to the stage of evading the debts.

 

[Hans168]

You are apparently dishing advice out to the wrong kind of ppl.

If the person can reach the stage of writ and seizure, it means...

1) the fella has been ignoring 'to pay up notices'.

2) absent and refuses to attend to legal actions taken against him

3) refuses to work out a debt repayment plan

4) And of course by posting here, demonstrate that he is even going to the stage of evading the debts.

he is not the first bloke n won't be the last................

 

[skyfall]

Bro,

Not going to ask how you chalked up those debts, just want to advise you to start by spending within your means.
Follow this strictly: Income - Savings = Expenditure

Hope this helps. In the meantime, keep your spirits up.

Thanks alot for yr utmost kind understanding.
i accept full responsibilities for my bad financial management.
however, i shall accept all comments and critism and move forward.
Once again, thanks alot.

 

[skyfall]

Thanks alot to everyone.

Just confirmed with CPF Board.
they cannot garnish my Retirement Account.
yes, i can go to SubCourt to get a certain form to prevent them from seizing anything that does not belong to me.

 

[skyfall]

Basically the bailiff will come and stick stickers onto those things they going to seize.
Cannot dun open door to them or they will break down your door....
If you can proof things dun belong to you then show evidence like receipts or warranty cards...
They will seize everything except your clothes or tools of your trade.
After that newspaper notice say your house got garage sale and garang guni men all go your open house and hold auction.
Everything sold and carted away. Money goes to your creditors.

Bro,
thanks alot.
i learnt from a friend. His neighbour had Bailiff coming. He refused to open door and chased them away. Quite a commotion but he refused to open.
they left. That was about two years ago.
until now, they never return again.
just sharing. As each incident is different in nature.

 

[skyfall]

lucky for u if apt dun belong to you...... hence can disclaim that properties therein are not yours

They cannot touch HDB flat. But when you are going to sell, they may lodge Caveat to prevent the sales.

 

[skyfall]

As i am under Moderation, my replies are displayed much later.
Thanks alot to all Bros for sharing.