18006548818 (2024)

FAQs

Whose number is 1 800 654 8818? ›

We're Portfolio Recovery Associates, LLC and we're changing the way debt collection works. If you have been contacted by us it's because your original creditor sold us your account, and we now own your debt.

Yes, Portfolio Recovery Associates is a legitimate company. Portfolio Recovery Associates is a debt buyer that engages in the business of buying charged-off and defaulted consumer debts from creditors.

Capital Collections LLC works out of Fresno, California. If you have a large amount of debt and end up falling behind in payments, then you might be contacted by this agency. This is because they have most likely purchased your debt from the original creditor, and are coming after you to pursue you for the debt.

It is not uncommon today for people to be pursued by debt collectors for money they don't owe. This occurs for several reasons: the original creditor may have made an accounting error, you may be a victim of identity theft, or the creditor may have found the wrong person with a similar name.

Who does Portfolio Recovery collect for? Portfolio Recovery is a large debt collection agency that purchases and collects charged-off debts from various creditors, including credit card companies, retailers, banks, and other lenders.

RMS Collections is a legitimate company. They aren't fake or trying to scam you. But it is likely they are spam calling you trying to collect a debt. One of the best ways to deal with this is to dispute and remove unvalidated debts.

Portfolio Recovery begins the collection process with letters and numerous phone calls and if those means don't work they will sue you. If you have received a summons and complaint from Portfolio Recovery please do not ignore it, it means that you have been sued.

They are not simply a collection agency, they are an actual debt buyer of debts and they frequently file debt collection lawsuits as part of their overall debt collection process. If you have been served lawsuit papers from Portfolio Recovery Associates, you must take action now to prevent a default judgment.

So, make sure that you respond quickly. A failure to respond means that Portfolio Recovery Associates will be able to get a legal judgment against you.

Stopping communication with a debt collector doesn't make the debt go away. In fact, they may find alternative ways to collect it from you. For example, they can file a lawsuit against you or report negative information to a credit reporting company, although that won't always happen.

Do debt collectors leave voicemails? ›

The federal Fair Debt Collections Practices Act (FDCPA) places limitations on how and when a debt collector can contact you, and what it says when it does. That includes leaving voicemails. Also, threatening language is illegal under the FDCPA.

If you get a summons notifying you that a debt collector is suing you, don't ignore it. If you do, the collector may be able to get a default judgment against you (that is, the court enters judgment in the collector's favor because you didn't respond to defend yourself) and garnish your wages and bank account.

If you are struggling with debt and debt collectors, Farmer & Morris Law, PLLC can help. As soon as you use the 11-word phrase “please cease and desist all calls and contact with me immediately” to stop the harassment, call us for a free consultation about what you can do to resolve your debt problems for good.

Paying an old collection debt can actually lower your credit score temporarily. That's because it re-ages the account, making it more recent again. This can hurt more than help in the short term. Even after it's paid, the negative status of “paid collection” will continue damaging your score for years.

One way to check if a number is potentially a scam is to use a reverse phone number lookup service. These websites and apps allow you to enter a number and see public information associated with it, such as the registered name, location, and carrier.

Why would Capital Management Services contact or call me? If you have received a communication from Capital Management Services, it may be in regards to an account we are currently collecting or managing in some form.

Independence Capital Recovery is not fake or a scam. They are a legitimate business, however, their persistent calls might feel overwhelming.