First off hello all...I work 40+ hours now and still try to take care of my family..so that leaves me with very little time to keep up here...but I am trying again. :)
Anyhow I thought you all should hear this latest tactic a collector is trying....ok...they sent me a letter stating that they have set up an appointment for me to come into their office and discuss my 'unfortunate debt situation'. can you believe that????:):):)
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.