Ch. 861Civilized Debt Collection
Remus Lupin worried that Defense Guide was losing money, while Sirius Black joined Mr. Jordan and other creditors to confront Ludo Bagman. Bagman signed a magical repayment agreement, but the creditors warned that he would face the goblins if he defaulted.
- Remus Lupin reviewed Defense Guide’s poor sales and expenses, while Sirius Black reassured him that Albert’s plans could eventually make the magazine profitable.
- Sirius went to Mr. Jordan’s debt-collection meeting, where the creditors discussed recovering their principal from Ludo Bagman through his salary.
- Mr. Jordan presented a magical settlement agreement that would require Bagman to repay 2,400 Galleons over ten years and let the creditors locate him if he defaulted.
- The group found Bagman hiding in a seaside villa, confiscated his wand, and pressured him to sign the agreement.
- After Bagman signed, the creditors left with the contract, and Bagman realized that his hiding place was no longer safe.