Financial stability
It's not everyday you hear the news where people end up in jail because they failed to pay their debts. Where I grew up (Brunei) it is common to hear it from the community; not the government. Civil lawsuits are handled by the judiciary system. In the U.S., the best way to handle your debt depends on what kind of debt you have and how much you owe. If you have too much debt, you may need to find debt relief. I filed a Chapter 13 bankruptcy with John T. Orcutt . After 7 years, the debt fell off from my records even though I have paid off the fees within 2 years after filing the Chapter 13 bankruptcy. I didn't think I would ever get another chance of repairing my credit score. Here are the things I have learned from StepUp Ministry's Life Skills program. The general idea behind building a credit score involves building a solid history over time with responsible credit use. Open up a bank account. Finding a credit union bank is the best option starting out. Apply for a sec