I Stopped Paying My Debts — Then Officers Came To My Door | On The Red Dot
By CNA Insider
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Masturah built a business from her love of luxury bags. But without proper financial planning, debts began piling up. At first, she tried to repay them. When the balances didn’t seem to drop, frustration turned into avoidance. She stopped paying. Then one day, officers arrived at her home with a writ of seizure. That was her wake-up call. She declared bankruptcy to take control of her situation. But in her third year, divorce left her facing repayments and household bills alone. After ten years out of the workforce, she had to start again — as a single mum. Can she rebuild her finances, meet monthly repayments, and find stability again? 00:00 Introduction 00:22 Why I choose to cover up 00:48 My job as a debt consultant 01:34 How bank loans piled up 03:53 Ignoring bank calls and defaulting on payments 04:47 The wake-up call 06:37 How I cope with finances as a single mum 09:52 Having family support 11:33 Taking charge of my life 12:49 Life after bankruptcy discharge WATCH MORE On
Tags: CNA Insider, Channel NewsAsia, People stories, Asian perspectives
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