Norris decides to change his career path and opens up a hardware shop in a small rural town. The only real estate agency and credit union in town are owned by a man called Ken Simpson, who is renowned as an unscrupulous businessman. One day, Ken telephones Norris to tell him that if he does not take out a mortgage for the shop through Ken's credit union, at a 2% higher interest rate than the Reserve Bank rate, he will make sure that the contract for the sale of the commercial property goes "walkabout". Norris is afraid that Ken will prevent him from realising his dream so he signs the mortgage contract with Ken's credit union. Norris is now experiencing difficulty meeting the repayments and seeks your advice as to his legal position.