I was contacted via e-mail by an original creditor to pay a debt or set some sort of arrangement up and I was told to set it up by the end of the day on 5-22-2008 and so I did resond via e-mail to set something up and to find out where to send the payments. I have yet to hear something babck but I do still have both e-mail's to and from them. Would I be able to use that for my sake if they try and send it off?
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.