Base on a true story
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The topic on financial embarrassment is real yet it is hardly talked about. Perhaps because its embarrassing, but talking about it creates awareness and helps others learn from those who have made these mistakes.
An inside view on a wife’s encounter with a husband and a father who went into financial embarrassment. What had happened, how it happened and the road after.
What is Financial Embarrassment (FE)?
According to police co-op, Financial Embarrassment (FE) occurs if a civil servant is:
Reported to be a judgement debtor; or Signs a promissory note of an acknowledgement of indebtedness which goes against paragraph IM2L #102; or Is an undischarged bankrupt; or Possesses more than 3 months of unsecured debts and liabilities at any time: total amount owing to the credit card issuing bank will be considered even if amount is payable over a 12 months...