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1 minute read

The most desperate attempt to avoid paying a debt ever?

Jared Bilski
by Jared Bilski
June 30, 2010
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When a large debt leaves people with their backs to the wall, some will go to desperate lengths to avoid paying.

Here is one such case.

After losing his job, a British man could no longer afford to pay his mortgage and consequently racked up $75,000 in debt.

Instead of facing the music, the man came up with (what he thought was) an ingenious way to skirt collectors and skip tracers: He became a she through the medical magic of gender reassignment surgery.

Of course, good collectors will find a way to catch even the most chameleonic debtors. The former man was caught — although his identity was not released.

Right now, the debtor is reportedly working toward paying off the debts. No word on whether any plans are in the works to reverse the surgery.

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Resourceful Finance Pro, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.

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