It’s important to pay off credit card debt on time and in full to avoid damaging your credit and future financial opportunities. First of all, no, you can’t go to jail for credit card debt.

Missing a tax deadline can leave you with penalties and late ... It's not likely that you'll go to jail for making a late tax payment to the IRS but it's important to make sure you're not ...

Here’s what you can expect: Your debt will go to a collection agency ... but it's not likely that you'll go to jail. Unless, perhaps, your debts are for tax evasion or failing to pay child ...