KUALA LUMPUR, Oct 26 (Bernama) -- The government aims to further shorten the processing time for bankruptcy discharges to less than 36 days next year to accelerate the financial recovery of individuals eligible for a second chance.
General : Bankruptcy Discharge To Take Less Than 36 Days In 2027 - Azalina
Azalina Othman Said, JPM, bankruptcy, Attorney-Gen
BE Bernama 
Key takeaways
Malaysia aims to reduce bankruptcy discharge processing time to under 36 days in 2027 via the Fast Track Discharge Programme. This initiative supports the Second Chance Policy, which has already processed over 253,000 discharges since 2023.
- The government targets a sub-36-day processing time for eligible bankruptcy discharges starting in 2027.
- Over 253,457 bankruptcy discharges were recorded under the Second Chance Policy from 2023 to September 2026.
- Priority groups for the fast-track programme include single parents, MSME borrowers, and fraud victims.
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