I am just recently coming off of breast cancer treatments. I am so far behind on all of my bills. I get calls constantly from debt collectors during the day. I am trying to make payments to everyone as I can but, as you might suspect, some collectors are very aggressive. I also have two payday loans left I am trying to get paid off. I know taking these out was stupid but I was so far behind at one time, I had no choice.
I am feeling rather overwhelmed by all of this. How do I even go about getting out of all of this and paying all of these people? Everytime I think I have it under control, I get a call from a new debt collector. I try diligently to give a little to everyone but it is hard to even keep track of who I owe anymore.
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.