Incarceration presents significant challenges to managing financial obligations. Imprisonment often results in a loss of income, making it difficult, if not impossible, to keep up with regular expenses. This can lead to a cascade of negative consequences, including late fees, collection actions, and damaged credit scores.
Maintaining financial stability during incarceration benefits both the individual and society. For the incarcerated person, addressing these matters proactively can facilitate a smoother re-entry process upon release. For society, reducing the financial burden on released individuals can decrease recidivism rates and promote successful reintegration.