Is there a minimum repayment amount?
There is no fixed minimum repayment amount. It is determined by taking into account the debtor's financial circumstances, his income and expenses.
Debtors will also need to contribute a portion of their nett bonuses if they receive.
Related questions
What are some of the duties that a debtor must comply with?
How does a debtor in Debt Repayment Scheme ("DRS") make payment for the monthly instalments and fees under the DRS?
How will a debtor be eligible and suitable for the Debt Repayment Scheme ("DRS")?
What is the duration within which the repayments under the Debt Repayment Plan ("DRP") must be completed?
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