Portfolio Recovery Associates, LLC
|a.k.a.||Anchor Receivables Management|
|Address||120 Corporate Blvd.|
|Address||P.O. Box 12914|
|Address||4829 Hwy 45 North|
|New Market Mall|
|Address||5200 West Mercury Blvd.|
|Address||500 West 1st Avenue|
|NasdaqNM||PRAA (Holding @+/- .50)|
|Head Debt Collectors|
|Contact 1||Steve Fredrickson, CEO|
|Contact 2||Andrew Holmes, President|
|Contact 3||Craig Grube, Sr. VP|
|Contact 4||Donald A. Williams, Associate General Counsel|
|NasdaqNM||PRAA (Holding @ +/- $43.50|
Who is Portfolio Recovery Associates?
Portfolio Recovery Associates is one of the largest debt collection companies in the world.
This collection agency purchases old debt from companies and tries to collect on it. Because in most cases, the debt is old, they can buy this debt for extremely cheap. They then start collection calls to get the money as fast as they can.
In fact in some instances, they go straight to sending out summons for court appearances in an attempt to get you to pay your debt faster. If you choose to ignore a summons, funds can be seized or your wages can be garnished to retrieve the owed monies. This is a scare tactic, but also may not be legit in some cases.
PRA may also sometimes make harassing calls and send out threatening letters. In some cases they may have your information by mistake ~ so they are sending the WRONG PERSON collection notices!
The legal team at the Consumer Law Firm of Francis & Mailman can help end illegal harassment and resolve discrepancies if you do not actually owe money.
Under the Fair Debt Collection Practices Act (FDCPA), debt collection companies such as Portfolio Recovery Associates cannot do the following while trying to collect a debt:
- Contact anybody who is not the main person that owes the debt
- Threaten you with referral to an attorney, harm of credit, or wage garnishment without the actual intent to act on the threat
- Calling at “unreasonable times” such as before 8:00 AM or after 9:00PM
- Contact you at your employer’s office if you tell them not to
- Place calls to your employer to inform them of your debt or disclosing any aspect of the debt to others
- Use profane or obscene language during calls
- Send collection letters that appear to be from a court or government office
- Threaten to arrest you if the debt remains unpaid
Contact the Consumer law firm of Francis & Mailman today at 1-877-735-8600 to stop harassment from Portfolio Associates or to see what action can be taken against PRA if they have violated any of your consumer rights.
Being Illegally Contacted by Portfolio Recovery Associates?
Harassment and abusive calls are prohibited by debt collection companies. Have you felt like you are being harassed by Portfolio Recovery Associates? Are you receiving threatening letters?
Under the Fair Debt Collection Practices Act (FDCPA), Portfolio Recovery Associates and companies like them, are prohibited from taking such actions and you can react. Contact our dedicated legal team at Consumer Law Firm of Francis & Mailman. We can help you put an end to this.
Is the information they have on you inaccurate? The Consumer Law Firm at of Francis & Mailman can make sure that we dispute the errors and have it corrected as soon as possible. The sooner you get this resolved, the sooner the debtor call could potentially stop.
Call us today (877) 735-8600 to stop the violation of your consumer rights!
Below are several examples of experiences/comments from other consumers that have had issues with this debt collection company.