I had a default on a CC posted on credit report in May 2003. I have gotten a summons for a court date in Sept. 08 in Tennessee I was a resident of Maryland until I moved to Tennessee Nov.2006 The SOL in Maryland is 3 Years. Can There be a judgment on me here in Tennessee since the Maryland SOL has past?
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.