Subscribe to RSS feedA new age approach to debt collection
by
JULIAN MACQUEEN
—
last modified
Dec 18, 2009 11:16 AM
Few banks have pulled the plug on struggling clients so far, although there are signs that this may change. But is the traditional ship arrest and auction the best solution? JULIAN MACQUEEN reports
A FAMILIAR image of debt collection invariably involves burly men heaving the possessions of some unlucky someone into a van for summary auction.
A long way from anything that might happen in shipping, perhaps, but the principle remains the same.
If...
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