I filed Chapter '7' Bankruptcy in 2006. In the last '2' years we have been through medical and financial problems. I have been layed-off from work for over a year. We are presently '4' months behind in mortgage payments. I called my attorney and mortgage company to get a copy of the affirmation agreement. nobody has one. According to my credit reports, my mortgage account is closed and no balance. I tried to get on the SAVETHEDREAM government program, but was denied, because of what is on my credit reports. All the money i paid to the mortgage company has not been reported to the credit agencies. What are my options at this point?
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.