Articles Posted in Jail For Debts

NO!!!  The lender cannot threaten or use criminal prosecution to collect.  However, the lender may file an action against you in civil court.  If you cannot repay the loan, you may request that the lender place you on a payment plan.  However, the lender is not legally required to grant…

Filing Chapter 13 bankruptcy can be used to pay past due support over an extended period of time (max of 5 years within a single Chapter 13 plan) and yes, it can protect the debtor from going to jail for previously failing to pay what was due.  It’s important to…