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Acknowledgement of Debt AD 29DEC2016 DOCX  Form

Acknowledgement of Debt AD 29DEC2016 DOCX Form

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ever wondered if you could go to jail for not paying your debts the short answer is no debtor prisons were abolished in the United States in the 1800s so you can't be thrown in jail over unpaid credit card bills personal loans or medical bills but here's where it gets tricky certain types of debt like alimony child support or taxes could land you in jail if you don't pay you could also face jail time if you've committed fraud to obtain credit or wrote bad checks the worst that can usually happen for unpaid civil debts is wage G punishment bank account levies property leans and damaged credit scores so as long as you're acting in good faith and not committing fraud you're not facing a jail sentence for debt to stay safe keep on top of your bills communicate with creditors and consider legal help if needed remember no debt is worth risking your freedom over

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