Illinois Debtors Thrown In Jail: Lisa Madigan Working To Stop Debt Collector Arrest Warrants
Tuesday, December 13, 2011
Welcome to Debtors' Prison, 2011 Edition
More than a third of all U.S. states allow borrowers who can't or won't pay to be jailed. Judges have signed off on more than 5,000 such warrants since the start of 2010 in nine counties with a total population of 13.6 million people, according to a tally by The Wall Street Journal of filings in those counties. Nationwide figures aren't known because many courts don't keep track of warrants by alleged offense. In interviews, 20 judges across the nation said the number of borrowers threatened with arrest in their courtrooms has surged since the financial crisis began.
The backlash is a reaction to sloppy, incomplete or even false documentation that can result in borrowers having no idea before being locked up that they were sued to collect an outstandin g debt.
Read the Article at HuffingtonPost
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