They bought a credit card debt 6 years ago and have been collecting on it ever since. They have my home address and telephone and call constantly (I have caller ID and ignore any numbers I don't recognize). They have had 2 different attorneys send me correspondence in their name.
I live in NC and have waited and waited for them to file suit but they don't. They just continue with routine collections even though I've done nothing but ignore them for 6 years. Why won't they file suit?
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.