Description

The COVID-19 heavily affects the economy of the world, thus also affects the spending habits of individuals in Hong Kong. Many individuals suffer from debts from mortgages, credit cards or personal loans which are beyond their ability to repay to the creditors.

In this webinar, Mr. Alan Cheung, Principal of restructuring services of Wing United CPA Limited who has over 20 years of experience in handling debt restructuring for individuals, will introduce alternatives to bankruptcy such as Debt Relief Plan (DRP) and Individual Voluntary Arrangement (IVA) in Hong Kong. He will also share his experiences of the differences in handling debt restructurings from SARS in 2003, Financial Tsunami in 2008 and COVID-19 in 2020.