Hi I am Mrs. SC, Part of my pay check has been garnished because of a 2nd mortgage and my house has been foreclosed. I am currently still paying interest and the company that I borrowed the money from has a lawsuit against them and want to know how to go about stopping garnishment from my check and even getting some money back? Thank you.
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.