Hi. I became delinquent and I also received a letter from Blitt and Gaines, stating that they had been 'retained', and were attempting to collect a debt. Is what they're doing even legal? Is it a joke? And if what they do is legal, how come they don't show their real faces on their website? Usually lawyers who are operating legally have no problem showing their faces. Has anyone ever seen or know what they really look like?
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.