Hi - Last week I sent a letter to ............ a family member and have several other companies to clear my debt issues and have a moderate a..................s 30% of what I owed I would have just enough money from the money I borrowed to pay everyone. So today .................... I explained that I have two other creditors that have already accepted my settlement at 30%. I told him I could not afford to pay the 50% and if I have any money................ "I didnt think were any of his business".
Wow, now I remember why I stopped talking to them last year!
Sorry?....... I need some advice on how to handle this?
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.