Comments on: Can you go to jail for not paying your credit card debt? http://debtprison.net/wordpress/47/can-you-go-to-jail-for-not-paying-your-debts/ Financial Opinion Wed, 08 Feb 2012 06:39:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Debt Prison http://debtprison.net/wordpress/47/can-you-go-to-jail-for-not-paying-your-debts/comment-page-6/#comment-13538 Debt Prison Tue, 07 Feb 2012 23:45:17 +0000 http://debtprison.net/wordpress/?p=47#comment-13538 Rebecca, A divorce decree does not 'undo' a signed contract that your husband had with the creditor. Technically I believe it would be his credit that would suffer. The collector can only legally come after him I believe. And then he could come after you etc, etc. You need to go and sit down with a lawyer you trust and talk through this one. Personally I wouldn't give them a dime unless I had to. When they repo the vehicle they usually sell it or send it to auction. In which case they make most of their money back. If they sold it and still have a gap of 17K then that's just a big ole pile of stinking bull mess. Get one hour of legal counseling on this one. You need it and it'll help you sleep better at night trust me. Let me know how it goes! Good Luck!!! Barry Rebecca,

A divorce decree does not ‘undo’ a signed contract that your husband had with the creditor. Technically I believe it would be his credit that would suffer. The collector can only legally come after him I believe. And then he could come after you etc, etc.

You need to go and sit down with a lawyer you trust and talk through this one. Personally I wouldn’t give them a dime unless I had to. When they repo the vehicle they usually sell it or send it to auction. In which case they make most of their money back. If they sold it and still have a gap of 17K then that’s just a big ole pile of stinking bull mess.

Get one hour of legal counseling on this one. You need it and it’ll help you sleep better at night trust me. Let me know how it goes!

Good Luck!!!

Barry

]]> By: Rebecca B http://debtprison.net/wordpress/47/can-you-go-to-jail-for-not-paying-your-debts/comment-page-6/#comment-13536 Rebecca B Tue, 07 Feb 2012 02:27:00 +0000 http://debtprison.net/wordpress/?p=47#comment-13536 Hi , I'm really stressing out !! My ex husband has fax me some paper work stating that a dodge Durango that was returned to the bank when my divorce was going on , well the dodge has been sold and the owning amount is 17505.00. My divorce decree states that I'm the one that is responsible for the dodge . Well the dodge is not in my name so it's making it hard . I talked to a bankrupty lawyer and she said no I can't file. The collection company will take a settlement for 7000.00. I don't have that kind of money . I'm lost and don't know where to turn to . Hi , I’m really stressing out !! My ex husband has fax me some paper work stating that a dodge Durango that was returned to the bank when my divorce was going on , well the dodge has been sold and the owning amount is 17505.00. My divorce decree states that I’m the one that is responsible for the dodge . Well the dodge is not in my name so it’s making it hard . I talked to a bankrupty lawyer and she said no I can’t file. The collection company will take a settlement for 7000.00. I don’t have that kind of money . I’m lost and don’t know where to turn to .

]]> By: Debt Prison http://debtprison.net/wordpress/47/can-you-go-to-jail-for-not-paying-your-debts/comment-page-6/#comment-13535 Debt Prison Mon, 06 Feb 2012 14:06:31 +0000 http://debtprison.net/wordpress/?p=47#comment-13535 Steve, People are going to jail for simply ignoring a judgment. The court issues an arrest warrant to force you into court. It's happening in several states. It's like the debt collectors lawyers are friends with the judges, but it does happen, it's still rare though. Google it and you will see. Steve,

People are going to jail for simply ignoring a judgment. The court issues an arrest warrant to force you into court. It’s happening in several states. It’s like the debt collectors lawyers are friends with the judges, but it does happen, it’s still rare though. Google it and you will see.

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