Chasing debt in a downturn

摘要

With the economy in tailspin, those seeking to recover debts must urgently review their priorities. WHEN IT comes to debt, there has long been a feeling that the money is better in your bank earning interest than in your debtor's. How ironic, considering all that has been happening recently in the banking system. Who knows where cash is safe these days, though certainly not in Iceland. But it's still better off in your hands than with other organisations that could go bust at any time, leaving you with nothing.