Financial Times FT.com

Debtors rush to regain excessive interest

By Michiyo Nakamoto in Tokyo

Published: November 15 2007 01:51 | Last updated: November 15 2007 01:51

Heavily indebted borrowers in Japan used to pack their bags and quietly disappear into oblivion with the help of fly-by-night arrangers.

Nowadays they claim their money back from lenders, complete with interest, aided by the country’s increasingly assertive lawyers.

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