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2.
Debt parking is when friends or extended family ask to use your home's address to have their bank/credit card statements sent to. And also any other debts they want to dump. They then max their cards to the hilt and do a runner, leaving the debt collectors and bailiffs knocking on your door demanding the money!
Leyton: Man, remember that dude Rick?

Mike: Who, dat div you let stay at your den a few months ago?

Leyton: Yeh man, next time I see him he's gonna get smoked for sure.

Mike: Why? Whad'de do?

Leyton: He parked his debts here and last night I had da Mafia kicking down ma door!

Mike: Ah man, debt parking sucks!
by Johnnyawb March 17, 2007
1 2

Words related to Debt Parking

debt debt evasion tax credit debted debtor parking
 
1.
Debt parking is when friends or extended family ask to use your home's address to have their bank/credit card statements sent to. And also any other debts they want to dump. They then max their cards to the hilt and do a runner, leaving the debt collectors and bailiffs knocking on your door demanding the money!
Leyton: Man, remember that dude Rick?

Mike: Who, da nigga you let stay at your den a few months ago?

Leyton: Yeh man, next time I see him he's gonna get smoked for sure.

Mike: Why? Whad'de do?

Leyton: He parked his debts here and last night I had da Mafia kicking down ma door!

Mike: Ah man, debt parking sucks!
by Johnnyawb March 15, 2007
4 2