I just refinanced my home and tried to pay an old debt. The money was mailed to LVN Funding in Houston Tx. I am guessing they are no longer in business because I just recieved the check and envelope from my loan funding organization explaining they could not find a forwarding address for them. I don't even remember what the debt is for, but it was a prerequisite for the loan. Now I have a 53.00 check with no where to send it. Any suggestions anyone?
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.