can I exempt rental property if I file Chapter 13, The rental Property is still own by the bank. The propery Value was $150.000 in 2006 Now the Value of the Property in 2013 is $64000.00. I still Owe the Banlk $140.000.00, The rent is $875.00 and the Mortgage is $841.00-plus assosciation fee that I pay montly. I will like to keep the rental property
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.