SHTF2010
24th May 2011, 12:47 PM
Welcome to Debtors' Prison, 2011 Edition
May 23, 2011 "WSJ" -- March 17, 2011 -- Some lawmakers, judges and regulators are trying to rein in the U.S. debt-collection industry's use of arrest warrants to recoup money owed by borrowers who are behind on credit-card payments, auto loans and other bills.
More than a third of all U.S. states allow borrowers who can't or won't pay to be jailed.
more . . .
http://www.informationclearinghouse.info/article28176.htm
May 23, 2011 "WSJ" -- March 17, 2011 -- Some lawmakers, judges and regulators are trying to rein in the U.S. debt-collection industry's use of arrest warrants to recoup money owed by borrowers who are behind on credit-card payments, auto loans and other bills.
More than a third of all U.S. states allow borrowers who can't or won't pay to be jailed.
more . . .
http://www.informationclearinghouse.info/article28176.htm