The banks/council/energy companies
sell debt to debt collectors for about 10-20p per pound as it is more expensive chasing than cutting your loses. they probably make 30p on each pound. It also means if the debt collectors are going to come round give them a call and offer them about half - they might accept
(
Cocodaye Miasere likes chips and peas, Fri 9 Nov 2012, 21:39,
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