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    Filing for Bankruptcy: What Happens and Why It’s Not As Bad As You Think
    2020-08-28

    Staying financially afloat can be a challenge at the best of times and Singapore’s COVID-19 circuit breaker has made it even harder for people to make ends meet. The severe but ultimately necessary restrictions have prevented total economic collapse and eased the spread of the pandemic, but it hasn’t been without its toll. Closure of non-essential businesses, bans on large gatherings and restricted allowances for restaurants and takeaways are just some of the measures that have put livelihoods at risk.

    Filed under:
    Singapore, Insolvency & Restructuring, Tembusu Law, Coronavirus
    Location:
    Singapore
    Firm:
    Tembusu Law
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