I can’t tell you how many times I’ve said or written that you can’t go to jail over a debt. In general, no, there are no debtor’s prisons in the U.S. But a little article on debtor abuse in the Boston Globe (please stay alive, OK?) made me sit up and take notice. [...]
Entries Tagged as 'Consumer Debt'
Can You Go to Jail For Not Paying a Debt?
June 24th, 2009 · 13 Comments · Consumer Debt
Tags: Boston Globe·Collectors·consumers·court·debt·debt collectors·debtor's prisons·Fair Debt Collection Practices Act·jail
Bankruptcy Filings Surge Amid Rising Unemployment
June 19th, 2009 · No Comments · Bankruptcy, Consumer Debt
It is more bad news for the United States economy, as data recently released by the Administrative Office of the U.S. Courts indicates both consumer and corporate bankruptcy filings increased dramatically in 2009.
According to the report, the total number of U.S. bankruptcies filed during the first three months of 2009 increased 34.5 percent over the [...]
Tags: 2009 bankruptcy data·Bankruptcy·bankruptcy alternatives·bankruptcy filings increase·business bankruptcy·consumer bankruptcy·increased bankruptcy filings
Free Stuff For Dad on Father’s Day
June 18th, 2009 · No Comments · Budgeting, Consumer Debt, Consumer Info
Want to make dad proud? Show him you’ve found a way to get something for nothing! In fact, the list we’ve gathered here for readers shows you how to get ten “somethings” for nothing. With economic times as tough as they are for many individuals as well as businesses, finding ways to save a buck [...]
Tags: Budgeting·cheap activities father's day·dad's day on a budget·father's day freebies·free stuff·save money father's day
Small Business Debt May Affect Your Individual Credit Score
June 16th, 2009 · No Comments · Consumer Debt, Mortgages
Many small business owners who are timely with their debt payments may be facing a sign of the times, as some financial institutions may now be poised to add small business debt to the wealth of information reported by credit reporting agencies.
Historically, small business loans have generally not been reported on the proprietor’s individual consumer [...]
Tags: business financing·Capital One·Credit Scores·personal credit scores·small business credit score affect·small business debt
