One of your Contributors posted 6 items that Debt collectors can not do. One of the items, he said,,,, #6. You can prevent their calls and letters by asking the collection agency to stop contacting you.
Is this True? Must the debt collector stop calling you is you ask them to? I don't think so. They still have the right to call you and pester alleged debtors, I believe. What is the Truth?
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.