Publicly Humiliate Non-Paying Debtors!

[urbanrealtor]

[quote=Shadowfax]Back in May this year, This American Life did a great radio broadcast on how the whole mortgage loan industry spun up and crashed. Fairly balanced account, includes stories of minimum wage workers buying $450k houses on no-proof applications, to the brokers and intermediaries and the banks and all points in between pushing to fill the pipeline with more loans to keep the secondary markets flowing… Really great account of how the mess started and played out. Worth $.95 to download.[/quote]
Yeah I streamed it while driving to Northern California with wife and critter. Something about Ira Glass’s voice just puts babies down.
http://www.thislife.org/Radio_Episode.aspx?episode=355

Its free if you stream it.

Incredibly good and understandable coverage.

[Ricechex]

This is likely a very effective way to get paid. I loaned a friend a large sum of money and she was supposed to pay me back 31 May. She did not do so, ignored my phone calls, voice mails, and emails. This went on for several months.

When I received an automated “out of the office” response to an email, I decided to call her mother. (She is 35 years old, but that was the only way I could think of contacting her, and her parents know me) That worked, partially, anyway. Three days later and she posted some of the money to paypal. All her correspondence since then, she states “do not call my parents. They do not want anything to do with this.”

She still owes me money, but she is no longer blowing me off completely. I still get a bunch of “check is in the mail” stories, so I may have to call her mother again.

[Ricechex]

This is likely a very effective way to get paid. I loaned a friend a large sum of money and she was supposed to pay me back 31 May. She did not do so, ignored my phone calls, voice mails, and emails. This went on for several months.

When I received an automated “out of the office” response to an email, I decided to call her mother. (She is 35 years old, but that was the only way I could think of contacting her, and her parents know me) That worked, partially, anyway. Three days later and she posted some of the money to paypal. All her correspondence since then, she states “do not call my parents. They do not want anything to do with this.”

She still owes me money, but she is no longer blowing me off completely. I still get a bunch of “check is in the mail” stories, so I may have to call her mother again.

[Ricechex]

This is likely a very effective way to get paid. I loaned a friend a large sum of money and she was supposed to pay me back 31 May. She did not do so, ignored my phone calls, voice mails, and emails. This went on for several months.

When I received an automated “out of the office” response to an email, I decided to call her mother. (She is 35 years old, but that was the only way I could think of contacting her, and her parents know me) That worked, partially, anyway. Three days later and she posted some of the money to paypal. All her correspondence since then, she states “do not call my parents. They do not want anything to do with this.”

She still owes me money, but she is no longer blowing me off completely. I still get a bunch of “check is in the mail” stories, so I may have to call her mother again.

[Ricechex]

This is likely a very effective way to get paid. I loaned a friend a large sum of money and she was supposed to pay me back 31 May. She did not do so, ignored my phone calls, voice mails, and emails. This went on for several months.

When I received an automated “out of the office” response to an email, I decided to call her mother. (She is 35 years old, but that was the only way I could think of contacting her, and her parents know me) That worked, partially, anyway. Three days later and she posted some of the money to paypal. All her correspondence since then, she states “do not call my parents. They do not want anything to do with this.”

She still owes me money, but she is no longer blowing me off completely. I still get a bunch of “check is in the mail” stories, so I may have to call her mother again.

[Ricechex]

This is likely a very effective way to get paid. I loaned a friend a large sum of money and she was supposed to pay me back 31 May. She did not do so, ignored my phone calls, voice mails, and emails. This went on for several months.

When I received an automated “out of the office” response to an email, I decided to call her mother. (She is 35 years old, but that was the only way I could think of contacting her, and her parents know me) That worked, partially, anyway. Three days later and she posted some of the money to paypal. All her correspondence since then, she states “do not call my parents. They do not want anything to do with this.”

She still owes me money, but she is no longer blowing me off completely. I still get a bunch of “check is in the mail” stories, so I may have to call her mother again.

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