My husband and I are currently in a Chapter 13 that is unable to be discharged because of the short time of another bankruptcy 7. The weekly payments are extremely high but at the time we felt we had no other choice, we have been in it almost a year. Finacially we are just working to pay this 13 and barely surviving. The bank that has our mortgage consistantly worked with us to have us keep our house, looking back over the years, this has been a horrible idea. I dont know how but we owe almost double what we paid for it. We are so over trying to keep all of this up, is there a way to get out of the 13, surrender the house, assests? start over. Chapter 7 is not an option, we did that a few years ago and like i said the bank worked with us so we could keep everything now i feel like we are stuck.
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.