I am retired military and I have a Star Card and a USAA credit card both total about 28K combined (of my 80K debt). While doing my research I ran across a couple of sites that say those debts cannot be settled!
I was getting ready to start my debt settlement (stop paying bills) until I ran across this information. I still am, but if these two cannot be done it will throw a big wrench in the plan.
Can anyone tell me if these debts can be garnished like IRS, child support and Treasury debt?
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.
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The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.