Desperate times call for desperate measures

  • 2009-02-04
  • By TBT Staff
On Jan. 6 Estonian debt collection agency CKE Inkasso unveiled a rather extreme strategy to encourage debtors to repay their outstanding loans. The novel approach to reclaiming debt involved printing the names of uncooperative debtors on 35 square meter posters and hanging them from buildings in central Tallinn.CKE Inkasso board member Raul Reinsalu told press the first of the posters would contain the names of 10 companies and their executives 's with the companies selected not for having the largest outstanding debt, but for being arrogant and uncooperative.TALLINN - "A debtor could...
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