‘I lost my sense of self’: Bankruptcies in S’pore at 5-year high but many are getting a fresh start
SINGAPORE – Bankruptcy orders in Singapore are now at a five-year high, but lawyers say the process also gives individuals a chance to reset their financial lives once they eventually exit the bankruptcy process.
Recent data on the Ministry of Law’s website showed that 1,395 bankruptcy orders were made in the first 10 months of the year, surpassing the full-year totals recorded each year from 2020 to 2024.
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kktk 29/11/2025
and which is why we must always make sure to be well and safe at all times and ensure that we are vigilant and cautious regardless of the challenges and difficulties and uncertainties especially as we move towards a normal way of life in the midst of this period of circumstances
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