Love, Beal, & Nixon sent me a letter stating that if I was getting a tax return to contact them. I spoke with Judy Greer from their office and she said that I was served papers on May 24, 2006. I sent them a letter disputing the debt on June 6, 2006 and never received anything validating it. Then all of a sudden I receive this letter stating that judgement had been made on this account from Worldwide Asset Purchasing and that I owed in excess of 8,000. Now they are talking income tax garnishment. Can they do that?
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.