I have been sued by midland. Originally I charged on a student visa back in 04-05. I am willing to pay(what I owed), not the amount they are asking for. However at this time, even though I am working can not afford to. I know that my income is protected, I am a single parent two kids and make less than $20,000 a year. I am trying to figure out what to do next so that they don't start garnishing my paycheck.
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.