Debtors’ Prison Legal In More Than One-Third Of U.S. States
Not paying off debts can eventually land you in jail — at least in a sizable minority of U.S. states.
Borrowers who can’t or don’t pay their debts can be sent to jail in more than one-third of states, the Wall Street Journal reports. Judges may issue a warrant when a borrower either misses court ordered payments or doesn’t show up in court after being sued for payments on outstanding debt. Though there are no national statistics on the practice of jailing debtors, a WSJ analysis found that judges have issued more than 5,000 debt-related warrants since the beginning of 2010.
►http://www.huffingtonpost.com/2011/11/22/debtors-prison-legal-in-more-than-one-third-of-us-states_n_1107524.h
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