I was served a summons this evening for Porfolio Recover Asso. I haven't paid this debt because first I was on disability then loss my job because I was on disability. Then went on unemployment because of lossing my job. I barley making ends meet. Porfolio recovery is not the only card I owe. I was bombarded with phone calls so I stopped answering the phone because I didnt have enough to pay all of them. I answer the phone to talk to them and they were yelling at me "How much do you have" we need $1200 another call come in wanting $800 I dont have the money. I am on unemployment living in the Bay Area. What can I do the summons state I need to respond in 30 days. I really don't want to file bankruptcy
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.