Friend of the show Caveat Emptor has advice on how to not get thrown in jail for your debts. (Yes, this is happening in America). [More]
debtors prison
FTC To Take A Closer Look At Debtors Being Thrown In Jail
By 7.16.10
It’s not a crime to owe money, and debtors prisons have been abolished — but that doesn’t mean that people are not being routinely arrested and put in jail for failing to pay debts. A few weeks ago the Minneapolis Star-Tribune published an investigative piece about arrest warrants being issued for people with less than $100 in debt, many of whom didn’t even know that a collector had taken legal action against them. Now, following a letter by Sen. Al Franken (noted hater of the Comcast, NBC merger), the FTC has agreed to look into the issue. [More]
