Sentences with phrase «consequences of each debt relief»

In fact, federal law requires debt relief companies to let you know any negative consequences of debt relief.

You should also be aware of the potential negative consequences of each debt relief program, and not just hear about the positives.

Not exact matches

And towards the bottom of this page, you will find debt relief program disclosures and potential negative consequences that can come along with a debt relief program.

Debt relief specialists can discuss all of your options and talk about the potential consequences to your credit when you choose a debt relief solutDebt relief specialists can discuss all of your options and talk about the potential consequences to your credit when you choose a debt relief solutdebt relief solution.

The trustee provides information about the merits and consequences of the different debt relief options for resolving a person's debts, when that person is unable to pay their debts in full.

The ultimate consequence of this judicial error has been to misclassify billions of dollars of student loan debt and to prevent many borrowers from obtaining the bankruptcy relief to which they are entitled.

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Disclosure of these potentially serious negative consequences is necessary to prevent deception and the consumer injury that arises from consumers enrolling in debt relief plans and ceasing to pay creditors.»

Another serious and negative consequence that may result from a consumer's decision to enter a debt relief plan in which he or she stops paying creditors is the accrual of late fees or interest on the accounts, which can significantly increase the consumer's ultimate obligation.