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No. It is not. There is no such thing as a debtor prison in the U.S. You might get sued in a civil court and have a judgment put on your credit report which will negatively affect your ability to obtain credit. But you won't go to jail or get arrested if you don't pay your balance. No. It is not. There is no such thing as a debtor prison in the U.S. You might get sued in a civil court and have a judgment put on your credit report which will negatively affect your ability to obtain credit. But you won't go to jail or get arrested if you don't pay your balance.
What else can I help you with?
Can you be put in jail for not paying a judgment against you?
No. Judgments for debt owed is a civil matter not a criminal one.
Can you be jailed for not paying credit cards?
No, not paying ones debts is a civil issue not a criminal one. Creditors do have options to recover monies owed, from the standard collection practices of telephone and mail contact to lawsuits.
If your car is repo'd and sold for less than is owed on it do you have any options other than paying the balance or having your wages garnished?
Bankruptcy.
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Is a credit balance in a vendor subsidiary account is an unpaid balance owed?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Is a credit balance in a vendor subsidiary account is an unpaid balance owed.?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Does paying off high balance credit card help your credit?
Yes. Amounts owed accounts for about 30% of your credit score. Ideally your utilization rate should be 20% or less. Paying your credit card balance to 20% or less will improve your credit score.
What does Margin Balance mean?
A positive margin balance is the amount owed to you by the brokerage. A negative margin balance is the amount owed to the brokerage by you.
Is any credit balance in a vendor subsidiary account an unpaid balance owed?
Any credit balance in a vendor subsidiary account ia an unpaid balance owed?
Is any credit balance in a vendor subsidiary account is an unpaid balance owed.?
Any credit balance in a vendor subsidiary account ia an unpaid balance owed?
Is a credit balance an unpaid balance owed?
a "credit balance" is money that you have.
Is it possible to maintain a positive balance on a credit card?
Yes, it is possible to maintain a positive balance on a credit card by paying off the full amount owed each month, which can help avoid accruing interest charges.
