The theories underpinning personal insolvency or bankruptcy law: a legal overview by Azmi, Ruzita, Abd Razak, Adilah, Ahmad, Siti Nur Samawati

“…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. …”
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Discharge in bankruptcy: a comparative analysis of law and practice between Malaysia, Singapore and the United Kingdom (UK) – What can we learn? by Azmi, Ruzita, Abd Razak, Adilah, Ahmad, Siti Nur Samawati

“…In common law jurisdictions such as Malaysia, United Kingdom and Singapore, bankruptcy law is the legal mechanism in situations where individuals fall into bankruptcy. …”
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Debts relief order and administration order for debtors in the United Kingdom: what Malaysian can learn? by Azmi, Ruzita, Abd Razak, Adilah, Ahmad, Siti Nur Samawati

“…Debtor’s pre-rehabilitation is a measure given to a debtor in order to avoid bankruptcy once he failed to fulfil his financial commitment with his creditors. …”
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Corporate workout: the corporate debt restructuring committee revisited by Azmi, Ruzita, Abd Razak, Adilah

“…According to Belcher a workout is 'the restructuring of the terms of a companys debt contracts to remedy or avoid default achieved by private negotiations with its creditor outside formal bankruptcy or insolvency proceedings.' A corporate workout includes arrangements or negotiations between the corporate debtor and its creditor/bankers outside the formal rescue process and such informal workout covers arrangements to obtain financial investments or rescheduling or restructuring of debts. …”