Have you been sued by Portfolio Recovery Associates?
Who are they? Portfolio Recovery Associates (“PRA”) is a collections agency and high-volume debt-buyer. As a result of the large quantity of collection accounts it manages, consumer complaints about this organization are abundant. In fact, according to the Public Access to Court Electronic Records (PACER), PRA was sued over 700 times for harassing consumers under the FDCPA in 2011 alone.
Are they legitimate? Portfolio Recovery Associates routinely files lawsuits to collect on the debts it has purchased. Although the original creditor may no longer be involved in the collections process, ignoring collection efforts by PRA may ultimately result in a judgment being entered (which can in turn lead to things like wage garnishment, seizure of bank accounts and placement of liens on property).
If PRA is attempting to collect a debt from you, contact Graham & Borgese today. We will fight to protect your rights and work to obtain a fair settlement for you so you can protect your credit and save money.
Portfolio Recovery Associates
120 Corporate Boulevard
Norfolk, VA 23502
Past cases we’ve handled:
Portfolio Recovery Associates v. Krokhmal
Our client was sued by Portfolio Recovery Associates, LLC, a debt-buyer who purchased a defaulted credit account from U.S. National Bank Association. The lawsuit was for just over $4,000, plus sought costs of the legal action. After our law firm filed an Answer to the lawsuit, the matter was successfully settled for just $2,000, payable in $50 monthly installments (with no further accrual of interest and no entry of judgment).
Portfolio Recovery Associates v. Minkowski
Portfolio Recovery Associates v. Kohlmeier
*Prior results do not guarantee a similar outcome.
Contact one of our offices today to learn more about our extremely affordable FLAT FEE rates and flexible payment plan options.