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.
You can convert to Chapter 7 anytime. All you need to do is file a motion with the bankruptcy court. You have to fill out certain forms. There is no need to consult the trustee also. The motion will be granted without any court hearing.
Sub: #1 posted on Mon, 02/03/2020 - 22:13Nick Jonas
(Posts: 428 | Credits: )
Sub: #2 posted on Tue, 02/04/2020 - 00:35Mabelle Page
(Posts: 295 | Credits: )
Sub: #3 posted on Thu, 02/06/2020 - 23:41Craigh.terry
(Posts: 273 | Credits: )
Sub: #4 posted on Fri, 02/07/2020 - 05:19Barbara Delinsky
(Posts: 434 | Credits: )