My wife is in California and suffering from debt problems
Date: Fri, 08/09/2013 10:58
My wife suffered a heart attack 6 months back. Doctors have strictly advised her to take rest. My wife is staying with our son in Kerman in California right now. She has incurred credit card debt worth $12,5478. I have not told her about this yet. She has never been good with numbers. So, I don't feel she will be able to handle this debt now. What can I do now?
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.