I am filing for Chapter 7 next week and I have a an attorney on retainer. So anyways today I get a letter from Bass and Assoc. So I called them, one of them threatened me and didn't believe I had an attorney...I called my attorney on a three way call, during which she said nothing and listened to this idiot threaten me etc.. After about 5 minutes she came on the line and the Bass Assoc. rep started crying, then she apologized and transferred us to an actual ATTORNEY who stuttered around and hung up with the promise I would receive no more contact from them. Anyways, HSBC called my attorney and said that bass and Associates was giving the account back to them because "We don't want to deal with Mr. Edwards he is causing us too much trouble."
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.