How Debt Troubles Start

Life History of a Debt

This continues the series of videos for people being harassed or sued for debt, and in this video we’ll look at the way debts evolve – from bills you can pay without problem, to bills you do have problems paying (or don’t want to pay), through the “charge-off” and sale of the debt to the debt collector.

Tomorrow we’ll lok at the “moral” duty to pay debts, and then we’ll move on to possible solutions to debt troubles.

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