I have a debt that is trying to be collected from Brachfeld. They called and the rep offered me a settlement. I agreed so he said he is going to transfer me to his manager Clay who will verify the two month payment settlement. The manager verified my settlement and got my debit card info. I requested the settlement letter through e-mail they said ok. They never sent it so i contacted them and requested it again. Now they are saying their client denied the settlement and want it in full. What should I do. I need that settlement letter for a business loan.
By signing up for 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 pay off 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.