My friend Ben has recently moved to South Carolina. Previously he used to stay in Colorado. He has 2 credit card bills in Colorado. But, he told me that wage garnishment laws are forbidden in South Carolina. Is it true? And, his debt was in Colorado. So, will the laws of South Carolina be effective or the creditors and court will follow the laws of Colorado?
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.