Debtor's Prison: Can you go to JAIL for not paying your debts?
Can you to Jail for not paying your debt? We like to say a hard NO on this answer, but it's actually really complex. (Aren't all credit answers a bit complicated?)
In this episode we discuss in detail how debt collectors are using the civil system to enforce debts and how they abuse it to land consumers in jail. A very disturbing trend that has garnered attention from the ACLU and major media outlets who are not reporting some egregious cases of how consumers ended up in jail for unpaid debt. Take a listen, inform yourself, and share this episode with everybody you know!
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The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.
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