I was taken to court by LVNV funding about two months ago where i asked the judge to have them validate the debt. After court I sent a letter for validation and they ended up dropping the suit against me, but still have heard nothing form them regarding the validation. Now i just got a letter form northland group regarding the same debt, they say they are assigned the debt form LVNV funding. Can they do that if they still havent validated the debt???
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.