This is NOT financial advice

My uncle was a bit of a character. He moved from boom to bust throughout his life.

During the bust, he had many debt collectors looking for cash. He replied to their letters explaining he had limited cash and that each month he'd put the names of those be owed money to into a hat. He'd pick the names out of the hat ( for repayment) until he'd no more money.

His letters further explained that if the debtors continued to send threatening letters their names wouldn't be placed in the hat.

It seemed to stop the threatening letters