My license was suspended because of 12 tickets on my own car parked in my own driveway. I received them in 2010. Didnt have the money to pay them. Now the collection company wants 12000. dollars which I dont have and never will. Is there anything I can do? ( The debt is so high because in Illinois they can charge you up to 1000. per ticket.
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.