A CA I owe sent me a settlement offer that I am interested in, however I would like to have all records they made on my credit report delted.
Can I send a check with a note on the back (above where they would endorse) that says you "By cashing this check, you agree to the terms set forth in the letter enclosed with the check"? And then generate a letter which basically demands them to remove any remarks made in my credit report if they decide to cash the check?
Can I do this, or would there be some problem? Also is it ok to send a personal check to a CA?
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.