The days of debtor’s prison are in the past, however it is still possible to face legal consequences for unpaid credit card debt. As long as you have not broken any laws (such as knowingly and fraudulently racking up debt you have no intention of repaying) you don’t have to worry about going to jail, [...]
Many people have faced the unpleasant realization that they are living with entirely too much debt in their lives. The recession toppled many long standing myths about personal finance. Consumers are now emerging from the rubble, shaking the dust from their eyes and facing a new world where what you have isn’t really important if [...]
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