Lawmakers Try To Stop Debt Collection Arrest Warrants
Consumers who are in credit card debt have had to worry recently, as more than 5,000 arrest warrants have been issued for those who cannot pay their bills since January 2010.
An option of going to prison for debtors is available in more than one-third of all states in the country. The U.S. House of Representatives recently passed a unanimous vote that requires debt collectors to show proof that the delinquent borrower has been informed of any lawsuit regarding their failure of payment, according to the Wall Street Journal.
In addition to government representatives, the judicial system is also preparing judges to be better informed about debt-related prison sentences.
"Before we take away a person's freedom, we want to ensure that there are procedural safeguards," said Peter Evans, a judge in Florida who proposed a workshop on debtors' sentencing, the news source reported.
The news source also stated that judges across the country are issuing fewer warrants for debt because it takes time and resources away from more serious, violent cases.
New government regulations in place for consumers in need of debt relief for credit cards and other unsecured debts.



