Mixed Bag

What happens if you don’t pay your debts

Overdue debts will not send you to jail. Please repeat:  overdue debts will not get you jailed. Yet it is disturbing how many people fear that not paying their debts is criminal and result in incarceration. Relax:  America abolished debtors’ prisons some 250 years ago. If you don’t pay There are still legal consequences if you don’t pay […]

Strictly California

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California Pulls The Plug On Debt Buyers

Up until now, old debts lived on, until the person who owed the debt pulled the plug. That's right:  it is the person who is liable for the debt who can kill the debt off, not the person to whom the money is owed. Because, at law, there's a limit on the … Read Full Article