What are the legal ramifications of being unable to pay unsecured Credit Card debt?

[Anonymous]

Medical bills and disabilty have made it impossible for me to pay off about 40,000 in credit card debt. What can they do to me legally?

[Anonymous]

If you were the owner of an American Automotive Company or a Financial institution the tax payers would bail you out. If you are a regular citizen they will take everything you own and force you to pay the principal, plus interest.

[heicalkapermi]

Death by guillotine

[Aurelio Wyrick]

Judgment, costs, interest, liens against real property, in some states, garnish wages, tax returns

[Anonymous]

Talk to your bank.
Often times your bank can request the information from the three major credit bureaus without it costing you too much.

Wells Fargo does this by signing you up for a special service that you cancel within 30 days (cost: $ 1).

[radepreutahe]

don’t delay, declare yourself bankrupt tomorrow or face a very long jail term,

[Author]

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