debtor’s prison

4 Crazy Times People Got Thrown In Jail Because of Their Debts

Debt / Lynnette Khalfani-Cox, The Money Coach / debtor's prison

Debtors prison was abolished in America well over a century ago. But that doesn’t mean you can’t get arrested or locked up for past-due debts. Here are four crazy instances in which authorities have hauled people off in handcuffs and taken them to jail in connection with having overdue bills. Old Student Loan Debt Brings […]

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The word "CREDIT" is shown in large, metallic letters with a chain and opened handcuff attached, symbolizing the restriction or bondage related to debt.

Deep in Debt? You Could Get Locked Up!

Debt / Lynnette Khalfani-Cox, The Money Coach / collection agency, Creditor, debtor's prison, Prison

If you had asked me before today if you could get get locked up for having outstanding credit card bills, I would have said: Absolutely not. After all, debtors’ prisons in the United States were abolished in the middle of the19th century. Unfortunately, however, a frightening and little-known occurrence is taking place in cities all

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All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.

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