I have been out on a workers comp case, I am not able to support myself and my wife without borrowing money from my mother in law monthly. My wife has an ailment that prevents her from working. And to make matters worse all three of my student loans are in garnishment stage. I live in Aleneva, Alaska. I could file bankruptcy to get out from under all of my medical bills but what can I do about the student loans?
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.