DEBTOR'S Steve Duhl 
Wednesday, July 18, 2012, 08:25 PM
Posted by Administrator
You cannot go to jail merely for owing money to a creditor unless you live in...for instance...Saudi Arabia. Really, lots of countries do have debtor's prison. Here in the US, we don't. You can go to jail for not paying some things:
-Money you owe as part of probation on a criminal charge.
-Money you owe for child support or alimony.
But, you can't go to jail for owing Bank of America or Sears or CitiBank or your lawyer (though we're working to change that last one).

On the other hand, as a consequence of owing money, you can go to jail IF YOU TRY HARD ENOUGH. Here is what you need to do:
1) Owe money.
2) Get sued.
3) Lose the lawsuit and have a judgment entered.
4) Ignore the deadline to give financial information to the judgment creditor (or ignore that you have been served with papers to appear for a deposition to give testimony about your assets).
5) Ignore the Order requiring you to go to court and explain to the Judge why you didn't do what you were supposed to do. IT IS NOT ENOUGH TO MISS THE DEADLINE...YOU WILL HAVE TO WAIT UNTIL THE JUDGE ISSUES AN ORDER REQUIRING YOU TO EXPLAIN WHY YOU MISSED IT AND IGNORE THAT TOO.

At any time, you could do the paperwork (or sit for the deposition) and that would take care of things. But, if you wonder whether you can go to jail for ignoring court orders, here is the answer: YES. The local courts can tell the Sheriff to pick you up and keep you until you do what you were ordered to do. A Federal Judge has got the US Marshals.

HERE IS SOMETHING SURPRISING. You can probably get out of it by filing for bankruptcy. But...please don't let it go that far.

add comment ( 5 views )   |  0 trackbacks   |   ( 3 / 1223 )

<Back | 1 | Next> >>