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People crippled by debt should not be sent to jail, according to Opposition MP Wayne Furbert. He has tabled a bill in the House of Assembly to outlaw a practice branded “barbaric” by campaigners. “What we’re saying is that the courts should not have ...

Cash-strapped Bermudians are struggling to pay back loans, the latest figures from the Bermuda Monetary Authority (BMA) reveal. The number of loans classed as “non-performing” by the island’s financial watchdog is continuing to rise. A BMA report sai...

Bermuda’s laws still allow people to be incarcerated for unpaid debt — something eliminated more than two centuries ago in the UK — but Attorney General Mark Pettingill insists Bermuda is “years beyond that”. At the same time, he agreed that many of ...

Faced with court action for non-payment of membership fees for GPS service, a Bermudian taxi owner has called for the eradication of committal warrants for incarceration for debt. Barclay Carmichael was contacted by a court bailiff in May and ordered...

People who owe money may get more protection from debt collectors. The promise was made in last week’s Throne Speech, which said Government was looking to standardise protocol for credit agencies to ensure fairness to consumers. The Government is als...