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Logo of the Insolvency and Public Trustee's Office. The Insolvency & Public Trustee's Office (IPTO) in Singapore is a department under the Ministry of Law.IPTO oversees the administration of individual and corporate insolvencies, the administration of small intestate estates and un-nominated Central Provident Fund (CPF) monies, as well as the licensing and regulation of moneylenders and ...
The Ministry of Law (MinLaw; Malay: Kementerian Undang-Undang; Chinese: 律政部; Tamil: சட்ட அமைச்சு) is a ministry of the Government of Singapore responsible for the advancement in access to justice, the rule of law, the economy and society through policy, law and services.
A lawyer by profession, Shanmugam made a name for himself in litigation, arbitration and insolvency cases before he entered politics. In 1998, at the age of 38, he was one of the youngest lawyers in Singapore to be appointed Senior Counsel .
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The Insolvency Service is an executive agency of the Department for Business and Trade with headquarters in London. It has around 1,700 staff, operating from 22 locations across the UK. It has around 1,700 staff, operating from 22 locations across the UK.
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Debt relief orders are suitable for debtors who have relatively low liabilities, little surplus income and few assets. Depending on eligibility, they can be a viable alternative to other insolvency measures, such as Individual Voluntary Arrangements (IVAs), and when bankruptcy would be disproportionate.