I have been in OVLG's program for about a year now, and a few months ago they settled $14k for about $3400!! I was concerned because I haven't had to do any work at all for them, but the people at OVLG have been working behind the scenes for me, and do a great job.
It's nice to refer the testy collection agencies to a lawyer; they hate it, and I love it.
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.