I am asking this on behalf of my friend Catherine. Her mother's fianncial status doesn't make her eligible for getting Medicaid assistance. Someone had told her to set Medicaid Asset Trust for her. Can she get benefits immediately if she sets that trust? Say if she is admitted to hospital for any reason, will that help? How far medical insurance can cme to use? Can anyone assist what should be done?
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.