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Dynamic Recovery Solutions DRS Sending via Snail Mail FALSE/SCAM Payoff notices Greenville, South Carolina
We recently received a "pay off notice" in the [regular/snail] mail today and it was from a company named DRS/Dynamic Recovery Solutions - claiming my husband owes Fidelity Federal Bank $427.76.
[Any company or collection agency, whether they just bought the information, or traded it from another or not, cannot collect on any debt [depending on the state] when it has been 'time barred' in that state.]
We are located in South Carolina [the same place where DRS is located], and the 'time bar' is 3 years- which means, they cannot collect on any debt over 3 years old - and besides that - this debt is fraudulent.
After speaking to the bank, it was not ID theft, nor has he ever had an account with them - so that made it a fraudulent notice.
I will be filing a formal complaint with the Federal Trade Commission and I will let them handle it.
If you're here because of this company, I suggest you also file a complaint @: https://www.ftccomplaintassistant.gov/FTC_Wizard.aspx?Lang=en
What they're doing is illegal.
6 Updates & Rebuttals
pay_yer_bills
United States of Americayoure wrong
#7Consumer Suggestion
Thu, July 19, 2012
Having time barred debt does not mean you cannot be contacted regularly via mail and telephone regarding the repayment of your debt. Time barred, simply stated, means that you cannot be sued in relation to the debt. Get your facts straight before posting gross misrepresentations of the law.
Customer Service
greenville,South Carolina,
USA
Time Barred Debt
#7UPDATE Employee
Wed, May 30, 2012
If you have old debts, collectors may not be able to sue you to collect on them. That's because debt collectors have a limited number of years known as the statute of limitations to sue you to collect. After that, your unpaid debts are considered "time-barred." According to the law, a debt collector cannot sue you for not paying a debt that's time-barred.
Collectors are allowed to contact you about time-barred debts. They might tell you that the debt is time-barred and that they can't sue you if you don't pay. There is no time limit on the collection of a debt.
Bubba Lee
REd Deer,Alberta,
Canada
Dumb
#7General Comment
Fri, May 11, 2012
Wow Dynamic Recovery seems to be clue and less here, every time they put there please let us help thing on the complaint jumps to the top.
Hilarious!
Wayne R
greenville,South Carolina,
United States of America
We Will Help
#7UPDATE Employee
Fri, May 11, 2012
Please allow our customer service team the opportunity to resolve your dispute. You may reach the customer service manager directly at 347-979-0443. Dynamic Recovery takes great pride in ensuring 100% customer satisfaction in a tough business during tough economic times for many people. If we can talk, we can help you. We want to resolve each and every situation fairly and quickly. We can assure you fair treatment and a respectful conversation.
Wayne R
greenville,South Carolina,
United States of America
We Will Help
#7UPDATE Employee
Fri, May 11, 2012
Please allow our customer service team the opportunity to resolve your dispute. You may reach the customer service manager directly at 347-979-0443. Dynamic Recovery takes great pride in ensuring 100% customer satisfaction in a tough business during tough economic times for many people. If we can talk, we can help you. We want to resolve each and every situation fairly and quickly. We can assure you fair treatment and a respectful conversation.
Wayne R
greenville,South Carolina,
United States of America
We Will Help
#7UPDATE Employee
Fri, May 11, 2012
Please allow our customer service team the opportunity to resolve your dispute. You may reach the customer service manager directly at 347-979-0443. Dynamic Recovery takes great pride in ensuring 100% customer satisfaction in a tough business during tough economic times for many people. If we can talk, we can help you. We want to resolve each and every situation fairly and quickly. We can assure you fair treatment and a respectful conversation.