I recieved a letter from Northland Group for collection of $856.00 from an old Wal-Mart account that was closed by wal-mart in good standing at that time to the best of my recollection. I live in Arkansas. How many years back can someone go back to collect a debt? I have recievied NO notifications from Wal-Mart at any time.
By signing up for 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 pay off 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.