We live in a community property state. My husband has incurred $40,000 credit card debt and he has no intention to pay it off. I'm getting collection calls everyday. What should I do? Should I try to settle his debts or file divorce? Will I be still responsible for paying off $40,000 after divorce? Dawn
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.