What are the terms and conditions for me as a creditor to file a debtor for bankruptcy?
Our company have some debtors who failed to pay their debt of over S$15,000 for motre than two months. The debtors are also suspected to have left the country to avoid paying their debt which would cause our company a huge amount of loss. This is the reason why we want to file the debtors for bankruptcy. What are the terms for us to be able to do so?
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