I received a call from a 'so-called' attorney out of CA yesterday about a loan from VIP loan shop from 7/11. I need to see how much I have paid them back. He informs me that I am the defendant in a law suit and wants to know if I can be served papers at work for breach of contract. He says that if I pay the balance he can submit paperwork to the state for motion of forfeiture. I live in the state of FL. Is this legit? Can I be sued for this balance? If not, how can I get them to stop harassing me? He even told the secretary who answered the phone that I was in a law suit and that I might not even be aware of it. Gave her information.
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.