What if all my debt is secured debt...I still need help cause im falling behind and my credit score is falling lower every month im behind...There has to be help out there somewhere for people who are in over their head with Secured Debt?? A bank that give loans regardless of credit rating(based on money made)...or some program that will pay everything off for me so that I can pay them just 1 payment a month insted of all the numerous payments I am strugling with now!! Please tell me there is something other than bankruptcy!! HELP ME!!!
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.