Has anyone ever heard of Consumer Law Council? We had a debt settlement program we were enrolled in with Madison, Monroe, and Associates. They say this CLC is a legal group that will finish the last 3 accounts that weren't settled. We signed our agreement (contract) with CLC last month and already are having problems with some questionable practices. Like making 2 payment withdrawals from our checking account within 4 days, by 2 different people. (Meracord and RAM) still trying to get my $ refunded for the extra payment and really nervous about this agreement now. Help!
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.