Thank you so much for all the helpful info you've provided so far. This has been a rough weekend for me mentally (I suffer from acute anxiety to begin with) and I'm wondering if you can advise me what's going to happen next?
Bank account has been closed-cannot be forced open.
Direct deposits are going into the new account.
The employer has stated they will not grant voluntary wage assessments-they will only garnish if they have a court order with a case number (to put into the computer). We're going to provide a letter anyway just to be extra safe.
C&D Letters have been mailed (certified with signature confirmation) although now I'm not sure the ones for Credit Protection Depot went to a current address.
These PLD accounts were opened over 2 years ago, and I don't recall who the references are that were listed, but we have advised those that might be getting calls whats up.
The debits were scheduled to come out last Friday, July 25th. My question is, what's going to happen next? When will the calls start coming in? What do I tell them?
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.