Have you been sued by Portfolio Recovery Associates, LLC
You have rights! Defenses to your debt may exist, and you may be able to fight, discharge, or even the settle the debt at a reduced amount in monthly payments.
If you received a letter, phone call, or lawsuit from the debt collection agency of Portfolio Recovery Associates, LLC, you may have concerns about whether the debt is valid, and you are looking for relief options. Furtheremore, if they entered a judgment against you, you might be concerned about the risk of having your bank account frozen, or your wages garnished. Regardless of whether the debt is for an credit card, medical bill, or student loan debt, our lawyers can help you identify the available debt relief options.
Speak To a Consumer Protection Attorney
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Or Call Today: (888) 301-0584
As of recently, our law office has experienced an increase in the amount of callers seeking assistance with lawsuits being brought on behalf of Portfolio Recovery Associates by the New York Law Firm of Forster & Garbus. Read below to learn how we can protect you from legal action!
New York Debt Collection Defense Lawyers
At the Law Office of Simon Goldenberg, PLLC, we help people resolve their debts. We defend consumers from debt lawsuits and protect them from unlawful collection activity. Even if your wages are being garnished, or your bank account is frozen, it may not be too late to get help. Our lawyers can advise as to all debt relief options, which may include debt defense, debt disputing, debt settlement, and bankruptcy.
Background Information on Portfolio Recovery Associates, LLC
Portfolio Recovery Associates, LLC is one of the largest debt-purchasing companies in the United States. They are a publically traded company on the NASDAQ stock exchange, with a total asset worth of approximately $1.64 billion dollars. They recently purchased a Norwegian debt-buying company, expanding their operations to Europe and Asia. They are located at 140 Corporate Blvd, Norfolk, VA 23502. Portfolio Recovery Associates, LLC buys debt from financial institutions, such as Bank of America, FIA Card Services, MBNA and Capital One Bank, as well as from other banks, lenders, and debt assignees.
Federal Cases Against Portfolio Recovery Associates, LLC
- In Swearingen v. Portfolio Recovery Associates, LLC, 892 F. Supp.2d 987 (N.D.Ill. 2012), a lawsuit was brought against Portfolio Recovery Associates, for violations of the Fair Debt Collection Practices Act of 1977 (FDCPA), when Portfolio Recovery Associates threatened the debtor over the phone.
- In Dunham v. Portfolio Recovery Associates, LLC, 663 F.3d 997 (8th Cir. 2011), a lawsuit was brought against Portfolio Recovery, alleging a violation of the FDCPA when Portfolio Recovery Associates sent a collection letter to the Plaintiff for debt owed by another person with same name.
Cases Represented by the Law Office of Simon Goldenberg*
In re C.L., we helped our client settle, at a discount, a debt owned by Portfolio Recovery Associates. A day after the account was settled, Portfolio sent another collection letter to our client for that same debt. Collecting on a debt already settled is a violation of the FDCPA. As a result we contacted Portfolio of the circumstances, and after several correspondences we were able to get our client an additional reward of $2500.
In Portfolio Recovery Associates, LLC v. E.C., the Defendant was sued by Portfolio Recovery for a debt owed in the amount of $8,600. After representation by our firm, we settled with Portfolio Recovery for total amount of $2,500.
In Portfolio Recovery Associates, LLC v. A.S., the Defendant was sued by Portfolio Recovery for a debt owed in the amount of $3,500. After representation by our firm, Portfolio stipulated to discontinue the lawsuit.
In-House Legal Department
When Portfolio Associates intends to bring legal action to collect on a debt, they can hire an outside law firm, or they can use their in-house counsel.
In New York, the following attorners are part of the Portfolio Associates In-House Counsel:
- Sheena Daneshyar
- Mark R. Garvey
- Catherine Hedgeman
- Kristen Mantyla
- Christa Muratore
The office of the New York in-house legal department is located at 100 Park Avenue, Suite 1600, New York, NY 10017.
New York Debt Relief Lawyers
Are you interested in fighting, discharging or settling your debts?
On behalf of our Client's, our lawyers have fought and resolved many cases with the debt collectors and attorneys at Portfolio Recovery. Where appropriate, you may be able to resolve your debt within the realm of a settlement at a reduced amount. Some client's matters result in quite a substantial savings compared to the actual balance.
You may have strong defenses to your debt. You have rights that protect you from wrongful debt collection practices under both state and federal law. Our New York Debt Lawyers are well versed in the nuances of debt collection laws, and can advocate to help you achieve a resolution.
We offer a free phone evaluation, call our lawyers at (888) 301-0584.
*Each case is unique. Prior results do not guarantee future performance. Speak to an attorney to learn more.