About four months ago I was called by a collection agency only to find that my SS# did not match the SS# of the debtor and was not bothered by this agency again. Now, four mon.s later I've received a "PayNow" letter from yet a another collection agency concerning the SAME acc. My plan is to answer this letter, and any future mailings concerning this acc., with a Notarized letter stating the last 4 digits of my SS#. My question is will this be enough to continually stare these peope to the right person, or alteast, away from me (the wrong person of the same name).
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.