The only thing that they can do is continue harrassing him. The absolute worst case scenario would be that they take what ever money he does have in terms of money that he may have coming in by garrnishing wages. That means that if he does have a job they can take a certain percentage from his checks until they are satisfied. They can also do something which is called a collection agency. Which collects money for the card companies. If there is no payments on it then he might be sued for the money. Possibly. But their will not be jail for him. Just will live the rest of his life in fear that one of these days they will come back to get their money. Wish good luck for him. Sorry to hear that!

Have seen lots of people asking info on bad credits. Well, if you need to get your problem solved onarrange loans or other finance, and usually means you will pay more interest on any loan you take out.

No. Your friend won’t go to jail for not paying his debt. In order to fix the problem, I would suggest he start something like this. First get a copy of his credit report, then go through the whole thing and find out who he owes and if all the information is accurate. He is likely to find some inaccuracies and should dispute those items. As far as the collection calls go, he should gather their information when he speaks to the collector and then send them a letter to cease and desist. This will at least stop them from calling you. He will have to be real diligent with the credit bureaus and the collectors. Keep copies of everything you send them and what they send you. You should be able to negotiate with the creditors to pay them back. They know they may never see a dime from you, so they may reduce the debt to practically nothing. But don’t just settle for this, because the listing on your credit report will likely say something like settled or payment plan, which is still viewed as bad by lenders. You want to negotiate with them on how this listing in your credit report will look. You want paid, paid as agreed…etc. If some of this was not clear, there is a resource I use and it is by far the most comprehensive guide to cleaning up your credit. visit the link below to download a FREE copy of this guide.