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Intern, Individual Insolvency & Debt Repayment Scheme Division
Singapore · Part Time
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- Experience
- Any
- Salary
- —
- Openings
- 1
- Posted
- 3 weeks ago
- Work mode
- In office
- Eligibility
- Applicants who can commit full-time and begin the internship as soon as possible.
- Resume
- Required to apply
Where you'll work
Job description
About the Role
This internship sits within the Individual Insolvency & Debt Repayment Scheme Division (IIDRSD) under the Insolvency & Public Trustee’s Office (IPTO). The intern will support work related to either the Debt Repayment Scheme or the Adjudication function, depending on assignment.
Debt Repayment Scheme Responsibilities
- Review applications from debtors seeking placement under the Debt Repayment Scheme (DRS).
- Go through debtor-submitted documents and check the scope of assets and liabilities.
- Help organise and run meetings of creditors to work out repayment plans.
- Respond to both general and case-based questions from debtors and creditors.
- Support DRS officers in assessing cases that may end because the plan is completed, has failed, or is no longer suitable for DRS.
Adjudication Responsibilities
- Check whether creditor claims filed in bankruptcy matters are valid.
- Communicate with creditors, lawyers, and/or bankrupts to request extra information or supporting documents for claims made against the bankruptcy estate, including helping to resolve disputes that arise during Proof of Debt review.
- Issue statutory rejection notices to creditors whose claims are not accepted by the Official Assignee.
- Carry out initial adjudication work for case classification and for the Official Assignee’s asset recovery efforts.
- Review creditors’ requests to submit Proof of Debt after the statutory deadline has passed.
- Work with solicitors on suits, counterclaims, contingent claims, and claims where damages are not yet quantified.
Candidate Profile
The role is suited to interns who are available to work full-time and can begin as soon as possible.
Additional Information
This position is based onsite in Singapore. The source did not specify a stipend, opening count, internship duration, or application deadline.