My situation is similar to one posted last year on this forum, and I need advice. Last year I ran into debt problems due to the economy (of course) and was unable to pay on credit cards any further (I had three major ones--dummy that I was). Earlier in the year I found a debt settlement firm to help me, and so far they've settled with Wells Fargo (good news). Bad news, though, is that I was served a civil summons a few weeks ago by a debt collector c/o Sessoms & Rogers, P.A. out of Durham NC. The settlement people I work with are not yet ready to deal with this, since I'm still paying installments to settle with Wells Fargo (this is an HSBC debt, I believe). Obviously I need to write an answer to this summons. Exactly how do I do this? Since I couldn't afford to continue to pay the creditors I can't afford a lawyer and need advice fast. Thanks for any help you can give me, Judy2009
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.