The theories underpinning personal insolvency or bankruptcy law: a legal overview

• Main Authors: Azmi, Ruzita, Abd Razak, Adilah, Ahmad, Siti Nur Samawati
• Format: Article
• Language: English
• Published: Future Academy 2018
• Subjects: K Law (General)
• Online Access: http://repo.uum.edu.my/26225/1/UUMILC2017%20500%20512.pdf; http://repo.uum.edu.my/26225/; http://doi.org/10.15405/epsbs.2018.12.03.49
• Institution: Universiti Utara Malaysia

In Commonwealth countries including Malaysia, when individuals become bankrupt the legal mechanism is the bankruptcy law. Both law and policy on bankruptcy have been subject to long-standing debate. The goal of bankruptcy law, at its core, is effective debt collection. Another important feature of...