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The purchaser of a debt only has the rights of the original creditor, and must produce the debt instrument, which may or may not be a contract. Proof of the contract terms and breach of the terms must also be produced. Rarely does a debt collector purchase anything other than a promissory note or credit card debt.
Free debt counseling is usually available to people with $10,000 debt or more. There are many different options available if you're seeking free debt counseling.
consolidation debt program
I'm going to assume that you are referring to a repossession action stemming from non-payment on the loan. Or maybe at this point you are being harassed by a debt collection agency. The short answer is no. This is a breach of contract. You can be arrested for committing crimes, but breach of contract is not a crime. The police have absolutely no jurisdiction in a contract dispute between to private parties.
While traditional debt counseling usually cost money, being paid to the organization and/or person that is providing their time to you. In Christian debt counseling, you can get invited to sessions of financial education, all for free. They are a non-profit debt relief organization.
debt counseling is If you are having problems keeping up with and paying your bills, you may be in the need of debt counseling. There are many debt counseling companies that give advice, usually for a fee but some offer free counseling, to individuals and companies who struggle with their short term and long term financial obligations.
Technically speaking there is no "Contract", its more of an agreement. I believe they may have gone under and sold their accounts to "American Debt Counseling, Inc." but from what I've read they have the same ripoff practices. The way to break your contract is simply fax them a written request to stop your automatic payments.
Debt Relief Counseling is very important because an individual can put themselves in serious debt without knowing the answers on fixing it. Debt Relief Counseling can be found in the telephone book.
Debt management counseling services are offered by many not-for-profits. For a listing or low or no cost debt management counseling contact the National Foundation for Credit Counseling or search its website for member organizations.
Yes it does because it can help. There are a lot of debt counseling places out there for this problem with financial mess. debt counseling is really be consider if you in mess like this.
Christian debt counselors offer services like Credit Counseling, Debt Management, Financial Coaching, Housing Counseling, Bankruptcy Counseling and Education and resources.
In order to receive debt counseling, one can go to the Debt Settlement website. The website has tools that allow people to manage their debt more effectively.