Debt: The Down Side Homes Sold to Pay Creditors | Threatening Letters and Phone Calls | a Drastic Solution Homes Sold to Pay Creditors | Threatening Letters and Phone Calls | a Drastic Solution with Sequestrations at a Record High, Calum Macdonald Looks at What Is Viewed As a Last Resort

Summary

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THE only person who sticks closer to you in adversity than a friend is a creditor.

As James and Elaine discovered when their finances spiralled out of control, wherever they turned they were faced by those they owed money.

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Extract

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Debt: The Down Side Homes Sold to Pay Creditors | Threatening Letters and Phone Calls | a Drastic Solution Homes Sold to Pay Creditors | Threatening Letters and Phone Calls | a Drastic Solution with Sequestrations at a Record High, Calum Macdonald Looks at What Is Viewed As a Last Resort

"It became suffocating", said James. "I stopped answering the phone, because I knew it would be someone asking about money.

"We had debt collectors turning up at the door, threatening letters, the lot. It grinds you ...

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