Debt Collection Attorney Blog: Will Debtors’ Prisons Lead to Repayment of Money Owed?

Your customer failed to pay the balance owed. Is the remedy debtors’ prison? In many states debtors’ prisons are a reality, not just something we read about in history books.

If the objective is to obtain payment on the claim, throwing a debtor in jail may be considered counterproductive.

Debt collection attorneys are able to collect only if there are assets. BUT, what if the debtor is in jail? Who is minding the store? Who is making sales? Most importantly, who is producing the assets to ultimately increase the likelihood of you getting paid?