HDB loan (after sale) include in debt list. After discharge from bankruptcy, do we need to settle debt to HDB?

Answer :

  • https://legalhelp.com.sg/cache/img/201301/no-image.76x72.crop.jpg


    answered on 07/10/2015

    flag as inappropriate

    We assume that you mortgaged your HDB flat to the HDB to secure the HDB loan. If so, the discharge will not affect the right of the HDB to recover under its security for payment of the debt. Effectively, you will need to settle the debt or they can look to your flat for repayment.

    Did you find this post useful? Please provide your feedback by clicking on the link above.