One of the nations largest debt collection agencies, Portfolio Recovery Associates has had numerous
complaints against it for its debt collection practices.
There have been reports of ignoring cease and desist letters,
misrepresenting amounts of the debt, misrepresenting information to
credit bureaus, and harassment and abuse. Portfolio
Recovery Associates does not just collect debts. They buy old
debts from creditors and manages debts of other
creditors. Portfolio Recovery Associates began in 1996
and became a publicly traded company in 2002. The
company employs over 3,000 people in 10 different states in the
U.S. and in the United Kingdom. Portfolio
Recovery Associates boasts on their website to having over $64
billion face value of purchased consumer debt
Is Portfolio Recovery Associates Harassing
you?
When a consumer sends a letter to a debt collector advising that
all communications must cease and desist, a debt collector cannot
continue to call to attempt collections of that debt.
When a collector communicates with you, they cannot misrepresent
the amount you owe or tack on amounts to the balance that were not
part of the original deal with the creditor. Debt
collection harassment and abuse is a
violation of the
Fair Debt Collection Practices Act. Portfolio Recovery
Associates has endured a number of lawsuits with allegations such
as these.
Portfolio Recovery Associates Contact
Information
Riverside Commerce Center
120 Corporate Boulevard
Norfolk, VA 23502
Stop Debt Collector Harassment Now:
When you’re being pursued by debt collectors, you have
rights, and we’re here to help. SmithMarco, P.C., has
over 30 years of combined experience practicing law protecting the
rights of consumers around the country. If you feel that
you’re rights have been violated, please contact us for a free case
review.