Debt collectors pushing people into bankruptcy | 7.30

Debt collectors pushing people into bankruptcy | 7.30
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New data shows one debt collector is suing people for bankruptcy over small loans. Lion Finance is buying large batches of small debts, many less than $10,000, and chasing people’s assets to pay it off – including the family home.

Read more here: https://www.abc.net.au/news/2019-08-13/debt-collectors-suing-for-bankruptcy-over-small-credit-card-debt/11335000

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