If 2020 has taught us anything, it’s how much can be done virtually, from work meetings and court appearances to happy hours. And, as we know, the legal industry is no stranger to utilizing cutting-edge technology: online arbitration is now here, and financial institutions and other businesses are finding benefit to resolving loan defaults and …
Just like every other industry on the planet, the legal industry was crippled when shutdown orders spread across the country. Courts closed for weeks, if not months, and those involved in trials, hearings, and other legal proceedings were left in limbo, wondering when they would have their cases heard or decided. While some courts, in …
One of the first things that people ask themselves when they are served with a court summons or arbitration notice is: “Will I go to jail if I default on debt”. The short and simple answer is no, well not directly. Whether you have defaulted on a personal loan, student loan, credit card debt, a …
The history of US debtors prisons and the abolition of jail time is a very interesting subject. Many of the colonists “shipped” to the British colonies in the Americas were sent due to their inability to pay off debts in England. These became “indentured servants” that worked to pay off their debts over the course …