I have a friend that had wages garnished for 1 year...the attorney recalled it and the sheriffs office sent payroll a letter telling them to stop the garnishment and refund with monies on hand? not sure what that means....but is there a letter to send to the creditor telling them that they have been beaten and to refund the $ they have gotten for over a year?
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.