This is embarrassing, but I recently paid BBM over $600.00 to settle a debt with 1st Savings. I argued that I had paid it before, but never received a paid in full letter. So, finally, I relented and paid it. I then checked my Franklin Planner and found notes from 5 years back where I did, in fact, pay for it. I even sent an email to a consumer law firm (never heard back) about this. I am wondering what to do know. I was thinking of sending a letter requesting the paid in full from the original firm and then demand payment back, or should I find another lawyer?
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.