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or Debt Management is NOT THE ANSWER
Let us help with:
Your most difficult
financial problems.
Contact Bud for
Consumer Help
PO Box 11917
Ft. Worth, TX 76110
817-348-0818
Fax: 817-348-8128
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I’ll have more details later, but wanted to thank you for the efforts you made on our behalf. I was unaware my husband could not be subjected to arbitration while on active duty.
Honestly, most of the military (wives included) are ignorant of the protections afforded them. I was vaguely aware the SCRA protected him from outrageous credit charges and interests, but when we were blind sided by arbitration - and lost (surprise!) all we knew was what the agency told us. After talking with you on the phone, I found the document the NAF filed saying we were not in the military. The wheels are in motion to reverse this action, but as you said, they aren’t in as big a hurry to return money as they are to take it. I will write a detailed storyline for the www.arbitrationjustice.com forum as you suggested. I’m signing up for that today to alert everyone else. Thanks again - we’ll keep you up to date on how they untangle this mess.
Honestly, most of the military (wives included) are ignorant of the protections afforded them. I was vaguely aware the SCRA protected him from outrageous credit charges and interests, but when we were blind sided by arbitration - and lost (surprise!) all we knew was what the agency told us. After talking with you on the phone, I found the document the NAF filed saying we were not in the military. The wheels are in motion to reverse this action, but as you said, they aren’t in as big a hurry to return money as they are to take it. I will write a detailed storyline for the www.arbitrationjustice.com forum as you suggested. I’m signing up for that today to alert everyone else. Thanks again - we’ll keep you up to date on how they untangle this mess.
Military Harassment
January 2009 I have been receiving calls since August of 2008 from PRA. PRA alleges that they are collecting on a debt from 1999. This is round 2 for me. In 2001 they asserted the same claim and I hired a lawyer. We wrote to PRA stating 1) stop calling; 2) requesting information via writing if they felt they had a valid claim. We stated that if we did not hear from them, we would close the file, which we did when we heard no response. ROUND 2: In August 2008 PRA starting calling again. Even if they had a valid claim, which they don’t, the SOL has expired. They are clearly trying to harass me so I will pay them money (not owed) just to get them to go away. It is tempting. Here is my question…PRA claims that even if the SOL has passed they can still try and “collect” the debt, which includes contacting me forever according to the PRA representative
We are receiving a lot of mail on PRA complaining about their collection methods. Based on this and their desperation we can only assume that PRA may be running out of money which is why they feel the need to collect on these very old, out of statute debts. We reported in November how their top four debt collectors are set up to take $11 million out for salary and perks. American Consumers can expect to receive IRS 1099-C in a few weeks from PRA who will claim they received phantom good and services (we have a surprise ready for that scenario) by purchasing junk debts for pennies. They are allowed to call and ask for the money, you can ignore their calls, or send them a cease & desist letter. If a LOT of consumers were to waste as much of their time and money in phone calls, dispute letters and anything else that costs them money, then they deserve it. PRA has proven how desperate a debt collector can get, I feel they have more tricks up their sleeves as their ability to collect becomes increasingly more difficult. You can hasten their demise by not paying them on these debts that you do not legally owe and by wasting as much of their time and resources as possible. Desperate people do desperate things, it appears that PRA is becoming more desperate. If Portfolio Recovery Associates is unable to hang on and ends up shutting their doors will anyone in America really care? They are greedy parasites who wanted a free ride on the backs of consumers–well that train stopped working and it's time for organizations like PRA to get off.
We are receiving a lot of mail on PRA complaining about their collection methods. Based on this and their desperation we can only assume that PRA may be running out of money which is why they feel the need to collect on these very old, out of statute debts. We reported in November how their top four debt collectors are set up to take $11 million out for salary and perks. American Consumers can expect to receive IRS 1099-C in a few weeks from PRA who will claim they received phantom good and services (we have a surprise ready for that scenario) by purchasing junk debts for pennies. They are allowed to call and ask for the money, you can ignore their calls, or send them a cease & desist letter. If a LOT of consumers were to waste as much of their time and money in phone calls, dispute letters and anything else that costs them money, then they deserve it. PRA has proven how desperate a debt collector can get, I feel they have more tricks up their sleeves as their ability to collect becomes increasingly more difficult. You can hasten their demise by not paying them on these debts that you do not legally owe and by wasting as much of their time and resources as possible. Desperate people do desperate things, it appears that PRA is becoming more desperate. If Portfolio Recovery Associates is unable to hang on and ends up shutting their doors will anyone in America really care? They are greedy parasites who wanted a free ride on the backs of consumers–well that train stopped working and it's time for organizations like PRA to get off.
Portfolio Recovery - Annual 1099 Trick