Longrider

29
Oct
2004

Debt wiped out.

Filed under: General News — Longrider @ 09:37 am

Yesterday, the High Court wiped out Tony and Michelle Meadows’ debt. And a good thing too. The idea that having paid five times the original loan they were being pursued for nearly £400,000 was outrageous.

However, no one should get their hopes up that this will mean an end to the sharp practice existent in the financial industry - this judgement applied to the technicalities of this case only.
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