Debt collectors pushing people into bankruptcy | 7.30

New data shows one debt collector is suing people for bankruptcy over small loans. Lion Finance is buying large batches of small debts, many less than $10,000, and chasing people's assets to pay it off - including the family home.
Read more here: www.abc.net.au...
For more from ABC News, click here: www.abc.net.au/...
If you're in Australia, you can watch more ABC News content on iview: iview.abc.net....
Subscribe to us on RUclips: ab.co/1svxLVE
You can also like us on Facebook: / abcnews.au
Or follow us on Instagram: / abcnews_au
Or even on Twitter: / abcnews