Credit card debts
Date: Mon, 09/03/2007 - 07:20
Frankly speaking i face a lot of finance here for the past 6months, now im not able to make payments even for the minimum due, in short i already received phone calls for the debt collectors from bank and even legal notice asking to lay in full amount with the legal fees included, i dont have any security cheque issued to the bank HSBC, but forms during the application of the credit card? My question is any person being jailed or sued for not payment of card? and what about the they told me that they will give my file as police case against me, im in middle east right now in DUBAI and currently working what is the best solution i can do, i try to compensate with them but since then monthly installment is too big for me, i also cancelled the credit shield that they put charge on the card, are they really can put me in jai? or it will be a bad record for me, please tell me the possible consequences. thanks in advance and my regards
Read this thread. There's a similar discussion where someone is
Read this thread. There's a similar discussion where someone is asking whether he can be sent to jail for not paying a debt. The simple answer is NO. The credit company can file a case against you in the court and try to get a judgment. You'll be asked to pay the debt through court orders. But you won't go to the jail unless they have a proof that you have done any fraud.
