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.
Sub: #61 posted on Thu, 10/20/2005 - 17:05roxette
(Posts: 4009 | Credits: )
Sub: #62 posted on Mon, 10/24/2005 - 14:52Unregistered
We suggest that you send a cease and desist letter to stop contacting you as they are violating the fdcpa laws. It's not wrong to contact a person for the first time, but after informing that they are contacting the wrong person, you should definitely take some actions.
After receiving your letter through certified mail with return receipt requested, they are not supposed to call you up again. If it's done, you can hire an attorney and sue them for the FDCPA violations.
Sub: #63 posted on Mon, 10/24/2005 - 16:29roxette
(Posts: 4009 | Credits: )
Sub: #64 posted on Mon, 10/24/2005 - 23:45Unregistered
collection agencies cannot force you to pay the amount overnight nor can they contact your relatives repeatedly. They should provide debt validation prior to collection activities also. It seems that they are not performing legally. So you can lodge complaint against them with BBB, FTC.
The negotiation process involves lots of tricks which we cannot perform successfully. If you take professional help from any debt consolidation company, they can get your payment plan approved easily.
You can register yourself with this site to undergo a free counseling.
Sub: #65 posted on Tue, 10/25/2005 - 10:314u.bryan
(Posts: 819 | Credits: )
I was ready to send my regular montly payment to them, but after reading this site, I'm not. I'm stopping on the nearest Citibank and talking with someone there. ACS will not receive a penny from me.
Sub: #66 posted on Thu, 11/03/2005 - 10:04Unregistered
Sub: #67 posted on Thu, 11/03/2005 - 12:07Unregistered
Sub: #68 posted on Thu, 11/03/2005 - 20:09Unregistered
If we all report them, maybe someone will eventually give them what they deserve. :!: [color=blue][/color]
Sub: #69 posted on Fri, 11/11/2005 - 19:28Unregistered
Sub: #70 posted on Sat, 11/12/2005 - 16:26Unregistered