Posted 2mo ago inOther schemes Matters Affecting Undischarged Bankrupts

As a bankrupt, can I use the CPF Investment Scheme (CPFIS) investments that I have withdrawn to settle my judgement debts?

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Source: https://www.cpf.gov.sg/memberLast updated 2mo ago

Once your CPF Investment Scheme (CPFIS) investments and cash balance in your CPF Investment Account are withdrawn, they will no longer be protected from claims by your creditors and/or the Official Assignee. Please liaise with the Official Assignee on using your withdrawn CPFIS investments to settle your debts.

This information provided here is sourced from the CPF website.

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As a bankrupt, can I use the CPF Investment Scheme (CPFIS) investments that I have withdrawn to settle my judgement debts?

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