Someone stole my identity and used it to open an account with DirectTV, the account became delinquent and it is now in collections. I found out through a routine credit check. I called the collection agency and they told me that I must send a letter along with the copy of the police report. Is there a form letter that I can use to send the collection agency? I don't know what to write. What else should I do? I already placed a fraud alert on my report and have a police report. How can I get this negative mark off from my record?
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.