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Sub: #17
Replied on 03-06-2009, 12:52 PM
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thanks sunnymay.I have learned alot also from this site and I went to site you suggested too and learned alot there also. I learned more re: levy's and if you want to read about it it is under debt consolidation etc..says levy in the subject anyway my husband and I are in alot of credit card debt and we are settling on our own. I don't want to use a company because the fees would end up costing us over $20,000 in the end. Alot of money to be wasted.We just started being late on our pymts and got our 1st call from one of the creditors offered a settlement of 50% over 3 months I put a counteroffer in to put pymts over 5 months. Have you ever put in a counteroffer? and how far along are you with doing this?beginning?middle?

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Sub: #18
Replied on 03-06-2009, 12:54 PM
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oops..forgot to log in so now it looks like guest the above msg is mine sunnymay




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* Disclosures:
  • 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.
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