Consumer Debt

Consumer debt is a personal debt owed by an individual to a business or corporation, typically a bank or credit union. It does not include debts owed by a business or corporation to another business or corporation or by an individual to the government. Consumer debt allows people to better themselves through a purchase without the requirement of paying the full purchase price up front. Consumer debt includes, for example, store credit cards, credit cards, medical bills, auto loans and student loans. 

You CANNOT be arrested or go to jail for failure to pay your debts. But you CAN be sued in a civil lawsuit for payment.