Does the 30 day rule still apply if the respond but say the are still investigating? Or do they have 30 days total to have a resolution? I sent a letter on April 6th 2012 and still no response except the acknowledging the receipt of the dispute, dated April 7th and then a letter on April 23rd saying they are still investigating. Can and should I still send the demand for removal letter? And do you have a good template for this?
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.