My BK was discharged this past jan. Found out today that my mortgage never got reaffirmed even though my lawyer said it would be. My whole goal was to keep my house and build my score back up to hopefully refi in 2 yrs. So since my timely payments aren't being reported, how will a refi work if Bank of America isn't even on my credit report. I also have one credit card and not sure if this is enough to boost my score in 2 yrs time.
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.