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.
a) Take steps to protect your records by not carrying your Social Security card or other documents with your SSN on them. GIve your SSN if it’s necessary and you know the person requesting it. You should protect your personal information at home and protect your computers with anti-spam and anti-virus software. Routinely change passwords for Internet accounts.
b) Don’t get into Scam traps . The IRS does not demand payment without first mailing you a bill. Don't be threatened by phone calls from someone claiming to be from the IRS. Report suspicious incidents to the Treasury Inspector General for Tax Administration (TIGTA) at 1-800-366-4484.
c) Avail IRS Service Options. Information relating to tax-related identity theft is available online. IRS have a special section devoted to identity theft and a phone number available for victims to obtain assistance.
d) The fraudsters creates fake IRS or accounting websites to con unsuspecting taxpayers into filing their returns with full of personal information—online. Be aware of such moves.
Sub: #1 posted on Tue, 04/12/2016 - 17:19lewishenry
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Sub: #2 posted on Wed, 04/13/2016 - 21:25Unregistered