charles.asharman@btinternet.com
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your an IDIOT, do you think DEBT is FUNNY? You might be filthy ritch but you came in this world the same as everyone else and you will go out like the rest of us.....WITH NOTHING! People like YOU make me SICK |
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Max
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No we should bring them in for the irresponsible lenders, that are offering people stupid size mortgages that they will be crippled trying to pay back. |
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tucksie
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No, jail the ba***** who put them into that position by their own greed for profits. |
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Sign o' The Times
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A great many people with credit cards & loans etc are already in a form of debtor's prison and while not being openly flogged, probably feel like they're being constantly beaten.
Its not unlike putting on weight, doing drugs, gambling etc - easy to get into but hard to get out of. Some may never get out at all. |
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JMac
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No, we should have public floggings for all the bosses and shareholders of these companies who, quite legally, convince many people that debt is good. Of course they are usually untouchable and it's the people at the sharp end eg: Customer advisors, who take all the fall-out, fines, prison etc. if they don't "manage their business properly" or adhere to all the different codes of conduct and financial legal requirements.I guess I'm lucky, I can't imagine what it's like to have a debt of up to three times my annual income. I don't have any credit cards or personal loans. |
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Mitch
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Maybe if you are so rich you might like to consider paying off some people's debts for them. |
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Jack
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No, I don't think so. |
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derbyandrew
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Bl00dy hell. That's me being flogged and doing a lifer then. |
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Latin Techie
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How about public floggings for bank and credit card company managers for making it all seem so easy ? |
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whoopscareless
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Absolutely. People don't see debt as debt any more, they see it as free money that they don't really have to pay back.
A good flogging or two would put that holiday to Tenerife in perspective. |
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alatoruk
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but lets be practical here. The government has recently changed the law so that you are only bankrupt for a YEAR not the 3 it used to be, and if you co-operate with your OR and have no chance of paying it back it could be even less.
so there is no way that anyone will move the goalpost the other way now - will they.
much better to look at the people who when their companies falter, go into administration and then buy them back from the receiver at a knock down price. That gets my goat a whole lot more. Yes Ive been bankrupt - because when my company failed (along with lots of others in the same market place that year - including the number 1 manufacturer in the UK) it took me with it. No phoenix company for me, if my company went down so did I, and it did so I did. here i am 6 years later slowly rebuilding my credit history and avoiding debt like the plague.
so from a personal point of view - no to the debtors prison, but lets get a bit tighter on those who take the proverbial |
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........
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yes we should, can i borrow a grand? |
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