By signing up for 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 pay off 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.
No....they will simply get a judgment against you. Owing a debt is civil. A judge would have to issue a contempt order which almost never happens.
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
SOL for all states
The SOL on your debt begins from the date of your first default. If you do not show up in the court, then the judge may issue judgment against you. Creditors can garnish your wage after receiving judgment order against you.
The SOL for Texas is 4 years.
If you fail to show up at your scheduled court date, the judge can issue a warrant for your arrest.
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