How to help a loved one in debt

Here is a post from CreditCards.ca I thought will be of interest:

Following Hollywood fashion designer L’Wren Scott’s suicide, news reports have shed light on the financial issues Mick Jagger’s longtime girlfriend was facing. Her company was deep in debt to the tune of $6 million and she was planning to shut down her business, according to an article in the New York Times. Jagger bailed her out of business woes in the past, which begs the question: Why didn’t she ask him to help her again?support-loved-one-in-debt

It’s quite common for people with money issues to keep them hidden from people they care about, says Jeffrey Schwartz, executive director of Consolidated Credit Counseling Services of Canada.

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