I need some advice - I have credit card debits that were recently sold to yet another collection agency. This one is run by a lawyer who sent me a letter and then left me two messages (I was out of the country at the time) saying they were considering garnishing my wages. That was two weeks ago and I have not heard anything since then. Tonight I was checking my bank balance to pay rent and my account has been frozen. Don't they have to go to court to do anything like garnish wages or freeze account? Aren't I supposed to be informed of the court date so I can appear also? I live in Califoria. Thank you for any information you can assist me with.
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.