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Questions & Answers > Debt Management Help > Are there roles to be played by the kith and kin of the debtor in managing his debt?

Are there roles to be played by the kith and kin of the debtor in managing his debt?

By Derek Brown
Published: Saturday, November 28th, 2009

Why not! The relatives and the dear friends of the debtor can act as real support systems for him in the time of financial distress. They can advice him on the best quality service providers in the market which can take up his requirements of debt management with dexterity. Moreover, they themselves can act as saviors by lending him money at an assumed interest rate of zero percent and with no strict guidelines regarding paying back installment amounts.

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