I live in TEXAS.. I have an old DISCOVERY card debt and it was sold to FNCB, Inc. they claim they have a judgement against me for this debt. FIRST of all how do I find out if they are licensed in TEXAS and, if this judgement is real? This lady called and said they are going to file a lein on my bank account and make us sell any real property to pay them back ??? Can they do that ??? I am a NERVOUS WRECK...they call my phone EVERY DAY and are now calling my work...
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.