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Black marks for being in the red with credit debt Herald Sun 11/2/10

#1 User is offline   Charles Bukowski 

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Posted 10 February 2010 - 04:45 PM

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Black marks for being in the red with credit debt
  • Karen Collier, consumer reporter
  • From: Herald Sun
  • February 11, 2010 12:36AM


of households experiencing credit problems is leaving financial counsellors swamped.

Finance knock back for bill defaulters

  • Financial counsellors swamped
  • Defaults listed after 90 overdue days
MORE than 1.5 million Australians have notched up black marks on their credit records because of overdue bills and debt.



http://www.news.com....r-1225828989992
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#2 User is offline   savagegoose 

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Posted 10 February 2010 - 05:00 PM

erxpect laws like in usa where bankrupts cant escape their debts. i know they wanted to change the law when bush was in power , but dont know if it happened. plaCE LIKE AUS WHERE GOV ARE TOADIES FOR BIG BUSINESS YOU HAVE TO EXPECT IT to change. will be a ruch of bankruptcies before any change in laws tho, not that i know of any plans just postulating a return to debt slavery .
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