I've been pretty busy recently and I've not been watching the news, does anyone know what happening here in OHIO with the new law? I think it is suppose to go into effect in just a few weeks, but I've not seen any changes around my area as far was store closing...I know they are gathering signatures but I don't know how long they have to get them. I really thought I'd start seeing "movement" by now....Reny
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.