Can you go to jail for not paying Progressive Leasing?
Kabbage Loan Guide

Can you go to jail for not paying Progressive Leasing?

While failure to pay Progressive Leasing is not a criminal offense, it is possible that you could end up in jail if you fail to respond to legal action taken by the company. If a court orders you to pay the outstanding balance and you still refuse to pay, you could be held in contempt of court and face imprisonment as a result.

But if you still do not pay then you may have to go to jail. Because in the legal action taken by them, you will have to appear in the court. If you do not pay the fine that the court has imposed on you along with the rest of the payment, then you will have to go to jail and then you will have to get bail.Read more...

Steve Sobol

College student again! Also: CEO and Senior Developer at Lobos Studios, Inc.

1 年

HINDI TECHNIQUES your information is incorrect. As far as I can tell, Progressive Leasing is an American company that only does business in the US, so only US laws apply. You appear to be an Indian blogger whose content targets people in India, so I'm not sure why you'd even write about financing provided by a US company, but your interpretation of US law is inaccurate, at best. First: you absolutely can be jailed if you do not show up to a criminal trial. But if you're being sued for non-payment of a debt, that is NOT a criminal case, it's a civil case, and contrary to what you believe, failing to show up will not cause you to be jailed. It WILL cause you to have a default judgment entered against you, after which the creditor can continue to pursue collections, this time with the weight of that judgment behind its efforts. But no jail time. Debtors and bill collectors aren't allowed to even threaten jail time. That is quite illegal everywhere in the US, according to the federal Fair Debt Collection Practices Act, the text of which is available on the Federal Trade Comission's website. https://www.ftc.gov/legal-library/browse/rules/fair-debt-collection-practices-act-text (1 of 2)

Steve Sobol

College student again! Also: CEO and Senior Developer at Lobos Studios, Inc.

1 年

Which country are we talking about? Threatening jail time over a debt someone owes you is an explicit violation of federal law in the US. In this country, you can't get thrown in jail over a debt.

要查看或添加评论,请登录

Mashkoor Ali的更多文章

社区洞察

其他会员也浏览了