I looked them up on the web and they said they work wor the credit company that go and get information on us and give it back to the credit companys. i got a letter at my home today from them. they go to your neighbor, they get the vaule of your home, job, ect... and give this back to the credt companys to sue you. So know does this mean the are going to sue me? The company that sent J.M. adjustment Services to my house I have aready made a payment arrangement with last week and gave them a post dated check and every thing. So Wht know? What is wrong with credit companys? I am so Scared and stressed out. Is this ever going to end? It is like one thing after another!
(sorry for the spelling)
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.