Under a Self-Administration approach, you approach your creditors directly to make an appeal for an affordable instalment repayment plan. You should explain your financial situation and propose a repayment amount that you can afford to fully repay the debt owed.

You may also consider putting up the appeal in a written form. It is important to include relevant supporting documents such as income and CPF statements in the written appeal.

Here are some pointers to guide you in preparing a proposal for self-administration:

1.   Self-administration may be suitable if you have debts owing to one or a few creditors.

2.   You need to be able to articulate and explain your financial situation.

3.   You also need to be able to discuss or negotiate the repayment terms, such as monthly instalment amount with your creditor(s).


All requests and appeals are subject to your creditors' acceptance.