i received a notice from North Star Capital Acquisition, LLC telling me they were suing me for a debt that had been wrote off over a year ago i called to make arrangements to settle but was told i would have to send a $100 a month until the full balance is paid and it would stay on my credit for ten years as a judgement even if i paid i don't know what i should do now any suggestions would be greatly appericiated!
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.