Govt introduces MyDi, app to check bankruptcy status

HASHINI KAVISHTRI KANNAN




PUTRAJAYA: The Malaysian Insolvency Department has developed the MyDI (My Department of Insolvency), a smartphone application to enable the public to check their bankruptcy status online.


Minister in Prime Minister's Department in charge of Legal Affairs Datuk Seri Azalina Othman Said said the move will ensure quick, effective and efficient transaction for those who wish to check their status.


"It is hoped the move will further compliment the amendment of the Bankruptcy (Amendment) Bill 2016 to provide advice and guidance to people who are bankrupt.


"The first phase of the application will only allow checking of bankruptcy status.


"By doing so, we hope the move will be more accessible and easier for the public to retrieve bankruptcy information," she added.


The application can be downloaded beginning May 11, she added.


For the second phase, Azalina said, the application would enable bankrupts to apply for release from department.


"We want the bankrupts to also take responsibility. They will have to downloaded files and forms for discharge from the application and submit it to the department later.


"This will minimise work on both ends," she said.


Earlier, Azalina launched the application and the Bankruptcy (Amendment) Bill 2016 roadshow simultaneously.


She said the roadshow would also take place on May 11, starting with Johor.


"The roadshow will also create awareness among the public of the amended act on how it could help people to understand and benefit from it.


"There are many people who become "victims of circumstances" especially when they sign as guarantors for education loans. It is not fair them.


"With the amended act, we hope to provide assistance to help them in getting early discharge," he added.


Azalina said the Bankruptcy (Amendment) Bill 2016, which was tabled in Parliament for its first reading on Nov 21 last year, will be tabled for a second reading in the current sitting.


The bill, among others, will focus on the social guarantor, and those who became guarantors for education grants, rental and purchase of vehicles, as well as housing.