"I owed money on the years 2008 and 2009 and just got the intent to levy wages letter. I set up a payment plan and now I got a letter saying I need to file for 2010. I know I will owe for years 2010-2012 and I will file but what will happen? Will they add it to my payment plan or throw it out and garnish my wages
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.