I received a letter from them collecting a debt. The thing is that I don't know if this is truly my debt. My ex signed my name to some credit cards. I wrote them back and told them to send me something that proved this was my debt. This is even before I knew what a validation request was. Their reply was to send me two forms to fill out. They want a Police report and my social security card???? This doesn't sound cool to me. I was contacted by them in the past for other debts and I'm in a payment plan with them. I'm worried they are just going to keep sending these things. I don't know what to do.
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.