In desperate times in the desperate economy we can sometimes find ourselves in desperate situations. Here are three tips you can follow in dealing with debt.
1. Assess the situation
Can you pay? Then do it quickly
Is he a relative? Then see if you can extend the deadline, reduce the interest or get more cash.
Can you disappear? Then use what cash you have, buy a one-way ticket and go live in the UK, South America or any other place you've always thought about.
2. Negotiate
Rather than risk losing the debt, most lenders would appreciate negotiating a compromise. Speak to your loan shark and be willing to be flexible. Perhaps you can do a job for him, steal something or become a drug mule.
3. Hire a hitman
You've already gone to the seedy side of business with your dealings with a loan shark. It's not a large step to hire a killer. Try to get a good price and remember you don't have to pay the whole amount up-front. Pay 50 percent before the job and 50 percent on delivery. Of course make sure you pay the outstanding 50 percent or you'll be back in the same (or worse) situation
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