I received a summons from Frederick J Hannah c/o Asset Acceptance for a debt that was charged off in 2005. I know this is my debt. The problem is what I have heard about these people. The summons did not have a court date. I have not answered, as I do not know how, but I have only 15 days left to answer. Any help would be greatly appreciated. Also I am the only income in a 5 person household(spouse,3 children). Spouse can not work due to youngest child (19 months) has trouble swallowing and goes to the doctor for treatments and checkups 2 to 3 times a week. Thanks
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.