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Dealing With Debtor's Prisons

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Dealing With Debtor's Prisons
Historically, debtor’s prisons never worked because they oppose the goal they are trying to meet -- have debtors repay their creditors. In the end, no one wins. Paying off debt is hard enough, so removing debtor’s prisons provides many with an opportunity to pay back their debts in an actual work force. By dealing with debtors this way, they remain responsible for their debt, and creditors are fully or partially reimbursed for what they originally lent. By giving this right, the government tries to keep a hands off approach when dealing with third-party creditors. All around, this right positively affects all by providing a solution to a historically poorly approached problem.

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