Man grateful to debt collector for talking to him when he felt down and recovering his $175k owed by friend

Published
Updated
Submitted by

Emperer


A man is grateful to a debt collection company for recovering $175,000 he loaned to a friend.

Stomper Emperor had been owed money since 2022.

"I lent money to my friend, amounting to about $175,000, inclusive of loans taken out so that he could use this money to roll as he claimed," recounted the Stomper.

It wasn't one lump sum but thousands of dollars at a time.

"After I engaged a company called Ask Debt Recovery to help me collect back the amount, there were so many challenges like this friend of mine popping up at my home because I engaged debt collectors to get back what's rightfully mine and harassing me," said the Stomper.

"It reached a point where I wanted to jump down, but luckily, the staff from Ask Debt Recovery came all the way down just to talk to me despite it being late at night. They even recommended I see a psychiatrist."

In response to a Stomp query, Ask Debt Recovery said: "We try to see how we can help both our clients and debtors.

"We try to just make him feel that he doesn't need to that sort of stuff and we can help him to collect back his amount of money owed."

The Stomper's money was fully recovered in July. He paid Ask Debt Recovery $10,000 for its services plus 15 per cent of the amount recovered.

"Which is kind of okay," said the Stomper.

"I want to compliment the staff as I'm so thankful for their efforts. It's really not an easy thing to collect money from this person as it is rumoured he has taken money from so many people."

His parting words of advice: "Don't always trust close friends."

Helplines

Mental well-being

  • National helpline: 1771 (24 hours) / 6669-1771 (via WhatsApp)
  • Samaritans of Singapore: 1-767 (24 hours) / 9151-1767 (24 hours CareText via WhatsApp)
  • Singapore Association for Mental Health: 1800-283-7019
  • Silver Ribbon Singapore: 6386-1928
  • Chat, Centre of Excellence for Youth Mental Health: 6493-6500/1
  • Women's Helpline (Aware): 1800-777-5555 (weekdays, 10am to 6pm)
  • The Seniors Helpline: 1800-555-5555 (weekdays, 9am to 5pm)

Counselling

  • Touchline (Counselling): 1800-377-2252
  • Touch Care Line (for caregivers): 6804-6555
  • Counselling and Care Centre: 6536-6366
  • We Care Community Services: 3165-8017
  • Shan You Counselling Centre: 6741-9293
  • Clarity Singapore: 6757-7990

Online resources

Have a story to share? Send it to us by emailorWhatsApp

Get more of Stomp's latest updates by following us on:
What do you think?
Share this article
Loading More StoriesLoading...