I have a wage garnishment for a loan I haven't paid back. Then I received a 982 form from the creditor, that I have to file that loan amount as income. Supposley they wrote my debt off. I'm confused as why!? Should my wages still get garnished.. I'm paying for it and I got the form! I have to pay taxes on the Saga.loan. I'm my opinion I shouldn't got the form. The creditor I have the wage garnishment with, it not answering any of my calls. Can somebody please help?
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.