This article has been written by Amy Lewis. She writes on a wide range of financial topics like credit card debt settlement, help with payday loan debt, bankruptcy etc.

If you owe a debt, you must pay it back within the stipulated time. Otherwise, the creditor may file a lawsuit against you. There is no doubt about it. At any point of time, if you fail to pay off your debt, the creditor can take legal actions and even get a verdict against you.

 

You can avoid such disgraceful situation by taking debt consolidation help. When it comes to sending you to the jail, there are some bars. A creditor can’t file a criminal case against you to send you to jail. However, he can go to the court and ask for a judgment. The judgment is nothing but a confirmation note that you have taken debt from him. After he gets the judgment, he can go back to the court for having a writ of execution. This document helps the creditor get his money back from the debtor by means of wage garnishment.

 

Being a debtor, if you fail to pay down the debts and are afraid of facing such an undue situation, you can surely seek debt consolidation help.

 

According to the FDCPA, a creditor or collector can’t threaten you. They don’t have any authority to send you to the jail actually. However, there are some exceptions, which may lead you to the jail.

 

  • Type of debt – It depends on which type of debt you owe. If it is credit card or mortgage related, the creditor can only file a civil lawsuit against you. Failing to pay credit card or mortgage debt is purely a civil issue; not a criminal offense. However, if you fail to pay court-ordered child alimony or state-imposed monetary fines; you can be sent behind the bar. To get rid of such situations, you may get debt consolidation help.

 

  • Absence in the court for hearing – After a creditor receives a writ of execution, the law may require you to appear in the court. If you don’t obey the court order and appear for hearing, the court may issue arrest warrant against you.

 

  • Fraudulent activities – It is always better that you don’t take any debt through a fraudulent activity. You can be conclusively sent to jail, being spotted for such an activity.

 

Payback your debt as soon as possible and avoid legal harassment. However, if you have financial difficulties in paying off your bills, then debt consolidation help could be the best possible option for you.