I have had a very rough year financially. Multiple hospital visits coupled with ambulance rides (no insurance) have filled my mailbox with COLLECTIONS letters every day. I can't even muster the courage to open them all and sort them out.
Is there ANY way to get a printout of exactly how much I owe and to whom? This has all hit me like an avalanche.. i don't know which way is up.
I feel like if i can see them all on one sheet of paper, I can begin to have an idea of what to do next. As of now, I feel helpless and clueless. I don't know what my best option will be.. i feel like a kid flailing his arms in frustration.
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.