My husband is the only bread earner of the family. I am a disabled woman. Both of us are in our mid sixties. We receive SSI and some pensions. But the amount is not great. We have some retirement savings. We haven touched them only for one reason. We will need them later. But even that amount is not huge. So what to do. I am afraid that my husband may have to work until his last breath. If he leaves his job, then we have to live within $65,000. Is it possible?
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.