Do you think people should be jailed if unable to pay their personal debts?

@iskayz (5422)
Philippines
July 29, 2008 9:03am CST
Hi everyone! Are you that lenient in lending money to your friends? Do lots of people owe you money for a long time and haven't paid you a single cent? As far as I know there isn't a law in my country regarding personal debts. No ones gets jailed for not being able to pay personal debts regardless how big the amount is. The person who has debts is only required by the court to have an affidavit promising that they would pay. But as I have observed personally with my moms experience no one pays even if they oathed in court that they would. And because of the law that no one gets jailed if unable to pay debts, still people aren't afraid to loan money from friends and not thinking if they can pay it or not. Do you think people should be jailed if they're unable to pay their personal debts? If not jailed because putting them behind bars is a harsh punishment, should they still be punished somehow? How about in your country - are there laws about debts? Share your opinions friends!
1 person likes this
4 responses
@goldeneagle (6775)
• United States
29 Jul 08
somewhere in the Bible it says to forgive debts every 7 years...
1 person likes this
@iskayz (5422)
• Philippines
29 Jul 08
Well my family has forgiven debts for more than 7 years. Though such is written in the bible I still think that its unfair for the lenders not to get paid. And its not a good habit if debtors will not make efforts to pay.
@sudalunts (5526)
• United States
29 Jul 08
Money - Money can separate friendships
Certainly not. Loaning money is a personal choice, most lenders know that they are taking a risk of being paid back or not. Learn from your mistakes, and do not loan money again is you were not paid back. The jails are full to capacity as it is, so taking up room for someone who owes someone $1000.00 (just an example) would be silly Yes, judgements are usually not followed through, the courts should instead garnish the persons pay check to ensure that the lender is paid back.
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@iskayz (5422)
• Philippines
29 Jul 08
Yes I agree with you. The court usually don't follow up the payments of the debtors. But that would be a good idea if the court will handle the debtor's pay checks every month to make sure that a portion of their salary will be used to pay their debts.
@paid2write (5202)
29 Jul 08
I think it depends on how they got into debt. If someone has taken out bank loans and used their credit cards knowing they can never pay back that amount of money, they have committed a form of fraud and should be punished for it. If someone is working hard but can't pay their bills because of the rise in energy and fuel costs, and increases in rent or mortgage, then it's not really their fault when they get into debt. If someone borrows money from a friend or relative and does not pay it back that is not illegal, as the person loaned it to them willingly and at their own risk.
• Philippines
29 Jul 08
no. if the person is in debt because the person really needed it like for food, water, roof over his head, education and most of all for his health he should not be jailed instead the government should know the reason why the person is in debt and help him out if the person has personality problem he should be sent to a correctional or to a clinic but not in jail.
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