- Report: #433936
Complaint Review: Portfolio Recovery Associates - Norfolk Virginia
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Author Confirmed
Why?
Portfolio Recovery Associates
Riverside Commerce Center, 120 Corporate Blvd Norfolk, 23502 Virginia, U.S.A.
Phone:
888-772-7326
Web:
N/A
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Portfolio Recovery Associates constantly called for someone not living here. They asked for the person by their first and last name. The representative would not allow me to talk. He noted he could call any time he wanted Norfolk Virginia
I began receiving telephone calls from this company, day and afternoons, evenings. I finally, picked up the phone this morning. He asked for a male by his first and last name noting he was a collection agency. He then noted he could call whenever he wanted and raised his voice. I noted that person does not live here.
I also talked overhim as he disrespected me onmy phone, in my house and violated my privacy and the person he was apparently looking for by sharing his first and last name and noting he was a collection agaency and they can do whatever they want to. I hang up the phone.
I called back the headquarters and noted I had been contacted and that person does not rerside here. She noted our conversation and I informed her I would be contacted consumer protections and out attorney genernal and she noted"That doesn't mean anything to us"
Ann
Bay City, MI
Violations of rights
Bay City, Michigan
U.S.A.
I also talked overhim as he disrespected me onmy phone, in my house and violated my privacy and the person he was apparently looking for by sharing his first and last name and noting he was a collection agaency and they can do whatever they want to. I hang up the phone.
I called back the headquarters and noted I had been contacted and that person does not rerside here. She noted our conversation and I informed her I would be contacted consumer protections and out attorney genernal and she noted"That doesn't mean anything to us"
Ann
Bay City, MI
Violations of rights
Bay City, Michigan
U.S.A.
1 Updates & Rebuttals
Stacey
Dallas,Texas,
U.S.A.
One of the WORST bottom feeder collection agencies
#2Consumer Comment
Sat, March 14, 2009
DO NOT talk to them on the phone here is some info from www.budhibbs.com Bud Says Consumer Comments Below Portfolio Recovery Associates, (PRA) bottom feeders with deep pockets, have apparently figured out how to get blood from a turnip. They collect on accounts dating back to the 90's -- accounts so out of statute that most consumers can't even remember if they even existed. These vultures live off the grief and (in some cases) the time barred debts of unsophisticated consumers. Like most of the bottom feeders out there, PRA and Anchor are fighting the density of junk debt buyers who have flooded the market. To say the price for accounts has gone up is an under-statement. PRA is paying more just like everyone else to stay on top of the market. One of PRA's favorite tricks is to use the IRS to collect for them. They issue the debtor a 1099C for the amount of the debt, then charge the full amount off as a loss. We've heard cases of other agencies collecting later on the same debt. Could PRA be charging off the full amount, then selling the account to another junk debt buyer? The poor consumer gets screwed in more ways than one. First, he's paid a questionable debt via a settlement to PRA - perhaps 60% on a debt they most likely couldn't have proven in court. Secondly, his taxes are hit when the IRS waves this 1099C in his face. They are effectively collecting for PRA at this point, since PRA took the loss (100%) of something they paid only pennies on the dollar for. Third, the consumer has to face the debt again when the junk debt buyer comes after him anew. Hopefully, the IRS will catch onto this scam. PRA is a publicly traded company, so one would think they wouldn't be able to get away with this type of financial accounting for very long without some preying eyes. send them a cease communications letter via certified mail with return receipt requested - keep copies of all these documents Find out if your State requires debt collectors to file a Surety Bond Texas does and any debt collector that does not file a bond is subject to fines and penalties under Texas Law (learned that in court when I sued one of these bottom feeders) Good luck and fight back
