The bankruptcy act : a fresh start for entrepreneurs or improvident spenders?

In this paper, we would explore whether the discharge regime in the new Bankruptcy Act would encourage entrepreneurs or improvident spenders. Research on recent trends of bankruptcy was conducted to find out whether there is an increase in bankruptcies due to business failures or improvident spendin...

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Bibliographic Details
Main Authors: Goh, Audrey Hui Shi, Soh, Elaine Wei Ling, Zhang, Weini
Other Authors: Wee, Meng Seng
Format: Final Year Project
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/9729
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Institution: Nanyang Technological University
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Summary:In this paper, we would explore whether the discharge regime in the new Bankruptcy Act would encourage entrepreneurs or improvident spenders. Research on recent trends of bankruptcy was conducted to find out whether there is an increase in bankruptcies due to business failures or improvident spending.