Ok, I'm sorry to be a pain this morning, but....I'm weighing everything and I'm wondering if you truely default and make no attempt to pay right away, how long will it be before they take you to court. It is not my intention not to pay, however I have 7 and everyone can't be paid at once. I still think I'll re-borrow on some and work on paying others, but if I can buy some time, I might opt for that.
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.