Pensioner Bobby O’Connor went hungry after the courts diverted $35-a-week from his NZ Super to repay a loan he thought had been settled in 2012, says Stuff. Auckland company Debt Resolutions was seeking to collect just over $6700 from O’Connor relating to a loan taken out in 2012, but after being contacted by Stuff, the company has now written it off. O’Connor, who lives modestly in a single room unit in the Auckland suburb of Manurewa, said that left him struggling to feed himself, sometimes eating only biscuits.
Zombie loan is the term used for a loan which has been long forgotten by a lender, but comes back to life years later when the lender makes efforts to collect it.
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