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Quincy:
Brian Edwards6 As specified by hollowmason64:
There is absolutely no such thing as debtor's prison in this country.🙂 |
What exactly happens if I fail to settle the debt within the designated timeframe?
Back when I was eighteen, I headed straight to college and, naturally, jumped headfirst into student loans and signed up for every mobile data plan imaginable from every carrier out there. Now, I’m sitting on $3000 in debt, and the interest rates are absolutely skyrocketing. I didn't realize at the time that my parents wouldn't be stepping in to cover my liabilities. I was just a naive kid. Currently, I'm unemployed, have zero income, and don't own a single thing of value. Honestly, I'm terrified that I might actually end up behind bars. So, here is my question: if things reach that point and I actually serve time: DOES DEBT GET WIPED CLEAN?