How is it going?
I got married a few years ago. We bought a new house through mortgages and it was really a dream come true moment for me. When I got married we were living in a garage and I glad that I was able to give my wife a proper house. But last day I received a call from a person who is interested in buying my house for a good amount. I reckon this is a very good offer for me. And I am planning to sell my house. When I spoke with my friend about this, he said I would have to pay mortgage penalty. So considering the rules & regulations is it a good idea to sell this house?
I would like to know your thoughts on this. Thanks in advance.
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.