I have a question. I have a debt with ATT wireless. I had opened the account in july of 2000. the account was closed as of Dec. 2003. Palisades got the account in april 2004 and when I looked at my credit report it showed that i owed a balance of 1,637.00. Last month I was checking my credit account and it showed another collection agency of Cavalry Portfolio, and the were collecting under Cingular Wireless which I never had an account with. Since I know that ATT had emerged with Cingular. They say I owe 308.00 Is it legal for them to them (att & cingular) to use two different collection agencies to collect on the same wireless number? Can they possibly get away with doing something like this to us?
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.