:cry: Hi, my name is Veronica and my mother is in debt so deep I don't know if she'll ever get out of it. She's paid off her credit cards twice but got right back in the hole with them. I do not know the exact amount of her debt but I'm assuming it's around $50,000 and so far every debt consolidator she has talked to has said she needs to have good credit to qualify which I don't get for the life of me because if she had good credit she wouldn't need her debt consolidated in the first place. My question is, does anyone know of any debt consolidators who don't look at credit rating when determining whether or not they can help you. I also talked to her about filing for bankruptcy but unfortunately she wouldn't be able to pay the lawyers fees and is afraid she wouldn't qualify for that either. Any help would be greatly appreciated because I cannot stand to see my mom so stressed out because of this situation even though it is her own fault she's in this mess.
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.