Singapore legislation

Section 56P

of Bankruptcy Act

Section 56P

Duties of debtor

Amended by6/2009

A debtor shall, in addition to any other duty specified in this Part in relation to a debt repayment scheme —

(a)

disclose to the Official Assignee —

(i)

all his property; and

(ii)

the disposal of any of his property during the period commencing 5 years before the day on which the relevant bankruptcy application is made against him and ending on the day immediately preceding the completion of the scheme;

(b)

furnish such information or document within such time and in such manner as the Official Assignee or the Appeal Panel may require in relation to the scheme;

(c)

attend any meeting of his creditors convened by the Official Assignee under section 56D or 56H, and such other meetings as may be required by the Official Assignee, unless prevented by any illness or other sufficient cause;

(d)

examine the correctness of all proofs of debts filed under the scheme and inform the Official Assignee if any person has, to his knowledge or belief, made a false or an inaccurate claim;

(e)

discharge his obligations under the debt repayment plan under the scheme;

(f)

before incurring any debt in excess of $1,000 after the effective date of the scheme, disclose the fact that he is subject to the scheme to the person to whom the debt is to be owed;

(g)

keep the Official Assignee advised at all times of his place of residence and such other contact details as may be required by the Official Assignee; and

(h)

generally do all such acts and things in relation to the scheme as may be reasonably required by the Official Assignee or as may be prescribed.

Section 56P — Bankruptcy Act | laws.sg