Could someone be put to jail for non-payment of a loan?
This is a discussion on Could someone be put to jail for non-payment of a loan? within the Debt Collection forum, part of the BANKRUPTCY & DEBT COLLECTIONS category; Could someone be put to jail for non-payment of a loan?...
![]() |
|
|
Thread Tools | Search this Thread | Rate Thread | Display Modes |
|
|
#1 |
|
Guest
Posts: n/a
|
Could someone be put to jail for non-payment of a loan?
|
|
| Sponsored Links |
| Our lawyers can help you avoid foreclosure to salvage your home, buy time to pay mortgage debts, and resolve your financial troubles. Consult Your Own Personal Lawyer Now! |
|
|
#2 |
|
Guest
Posts: n/a
|
No -- based on how you phrased the question. We have no debtors' prisons in the US anymore. However, one can be jailed for contempt -- i.e. failing to pay child support obligations, for failure to pay criminal restitution, for taxes in some cases, etc. But, in the general case of say a credit card or a bank note or private loan -- the answer is definitely no. Hope that helps some. AJJ
|
|
|
|
#3 |
|
Guest
Posts: n/a
|
No. If that were the case, collection agencies would be non-existent, as they should be anyway.
Any original creditor who would sell private information that helps in the continued epidemic of identity theft is not a reputable company. If someone is truly owed a debt, small claims court is the place to try to recover money owed. |
|
![]() |
| Bookmark & Share |
| Tags |
| None |
This thread has 2 replies and has been viewed 180 times
| Thread Tools | Search this Thread |
| Display Modes | Rate This Thread |
|
|
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Interest payment of loan | Unregistered | Debt Collection | 2 | Aug 20th, 2009 11:24 AM |
| Jail sentence for contempt of court: Patent lawyer gets jail time for banned question | chicago | Attorneys & Legal Ethics | 0 | Jul 14th, 2009 05:58 PM |
| Payday Loan refused payment | littleoreo | Debt Collection | 2 | Jan 14th, 2009 11:12 AM |
| Is my wife going to jail for her sister's unpaid loan? | Logan | Debt Collection | 1 | Nov 15th, 2008 03:41 AM |
| Loan payment & wedding expenses | Unregistered | Small Claims Courts | 1 | Dec 13th, 2007 08:36 AM |
Our lawyers can help you avoid foreclosure to salvage your home,
buy time to pay mortgage debts, and resolve your financial troubles. Consult Your Own Personal Lawyer Now!
All times are GMT -5. The time now is 07:23 PM.









Linear Mode

