I got the green card back from my DV letter to Genesse Valley Associates, so the clock is now ticking. Let's see if they validate! I also got a letter from the Texas AG today, and they are going to start looking into the violation of the Texas Debt Collection Act so far. Will be watching very closely to see what Genesee's next step will be. I have a feeling they may just sell off the debt to someone else to avoid the heat they have brought down on themselves. I'm sure they know by now that they are not getting a dime from me, because I am on to their little game!
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.