Can I Be Arrested for a Debt?
Under federal law and our constitution, failing to pay a debt is not a crime. There are rights of your creditors to go after you for the failure to pay that debt. They may end up bringing suite and trying to garnish your wages or levy your bank account if they receive a default judgement against you in connection to that debt, but failure to pay your debts is not a crime.
Many people struggle to pay their minimum payments on their credit cards and it’s important to bare that in mind when you struggle with how to move forward once you’ve defaulted on your credit card debt.
This informational blog post was brought to you by Attorney Eric L. Foster, an experienced Hartford County, Connecticut Consumer Credit Lawyer.
Lindh Foster, LLC
Connecticut Business Lawyer & Debtors Rights Attorney, Eric Foster of Lindh Foster, LLC, has been practicing law for over 25 years in Connecticut, New York and Hong Kong, China. As a Connecticut Business Lawyer, Eric Foster’s legal practice currently centers around representing small businesses and entrepreneurs, in selecting their business structure, forming their businesses, and managing their business transactions. As a former attorney at the Federal Reserve Bank of New York where he focused on the regulation of banks’ lending activities, Attorney Foster is also a passionate consumer advocate and a member of the National Association of Consumer Advocates (NACA). As a Debtor Rights Attorney, Attorney Foster enjoys advocating for and representing consumer debtors in connection with credit card, student loan and other debts they allegedly owe creditors and debt collectors.
