101 words of advice: how to handle debt

From  recent personal experience – as the disgruntled supplier – I suggest:

If they owe you

  • Be reasonable.  Times are tough, people generally do the decent thing.  Anyway hitting hurricane force immediately leaves nowhere to go.
  • Be persistent.
  • Know your rights.

If you owe them:

  • Don’t hide.  Ignoring email, phone messages or carrier pigeons sent to chase the debt won’t work.  Like Arnie, they’ll be back.  Keeping people in the dark  infuriates them.  There’s good advice here.
  • Be honest, explain, offer to pay a bit at a time to show good will.
  • Get  help.
  • Remember, no-one believes “the cheque’s in the post”.

 

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