I am being sued in civil court for violation of a non-compete and misappropriation of intellectual property. I do not plan to respond to the suit since I cannot afford an attorney and the plaintiff has unlimited resources. If I do not contest the suit and am found liable for x amount of damages, can I turn right around and file for bankruptcy and have the judgement discharged?
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.