Debt collectors receive many types of accounts for collection. While collections on unpaid bills have similarities (mainly getting you to pay), there are different ways to handle collection accounts. How you manage your way through being contacted by a collection agency who is trying to get you to pay on legitimate debts you fell behind with should first factor on what you are able to do. Do you want to resolve the collection accounts? Are you unable to put together resources that can help you in developing a plan to deal with the debt collectors? Do you need to buy more time to put together a plan of action? Have you experienced abusive debt collection practices and need to learn about and protect your rights?
There are many tools and resources throughout our site that will help you address your past due bills; different debt collection agencies and; debt purchasers.
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.