What happens once a debtor is referred by the Court to the Official Assignee ("OA")?
When a debtor is referred by the Court to the OA, the hearing of the bankruptcy application will be adjourned for up to 6 months to enable the OA to assess the debtor's suitability for the DRS.
The debtor will receive a notice from the OA informing him to watch an Introductory Video on the DRS. He will then be required to submit the following forms and documents online:
a. Statement of Affairs ("SA")
b. Income & Expenditure Statement ("I & E")
c. Debt Repayment Plan ("DRP")
d. Supporting Documents ("SD")
Related questions
How and when will the debtor be informed that he can commence the Debt Repayment Scheme ("DRS")?
How long does it take for a Bankruptcy Application to be processed?
How will a debtor be eligible and suitable for the Debt Repayment Scheme ("DRS")?
What makes a debtor unsuitable for the Debt Repayment Scheme ("DRS")?
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