Companies threatening to sue us
There are few companies which are threatening to sue debtconsolidationcare. Since we stand and survive as a community we will like to discuss the matters in open involving the community.
I will put the threatening letters (including all the written conversation) under this thread as a link.
I am sure that we as a community are doing well to ensure the welfare of everyone involved. We will do all possible things to help the community without breaking any law. If anyone feels that the posted message is not as white as snow, then they are free to debate it in public to unveil the real truth. Because of increasing effort from the big corporate to silence our community we are trying to build a defense platform. Please participate in helping us build the legal defense.
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.