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Debt - Can I go to prison for debt?

Below we have outlined the most common questions asked about debt.
Please click on a question to get the relevant answer.

Is my credit rating going to be affected?
I am being threatened with court action, what can I do?
Can I go to prison for debt?
Will I lose my house?
What is consolidating debt?
What is an IVA?
What are debt management services?
What is bankruptcy and when should I declare it?
Will I be able to get a mortgage or credit in the future?

Can I go to prison for debt?

No, issues surrounding debt are taken up in a civil court which cannot sentence you to ail. You can face legal penalties, such as fines and increased interest rates but not jail time.

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Debt News

08/10/2008 - Gambler manipulates partner to pay off debt. A man addicted to gambling has reportedly used a...

06/10/2008 - Number of students leaving in debt will increase. The Government has revealed that a large number of...

03/10/2008 - Debt could delay retirement. Brits aged 50 and 60 are faced with significant...

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