Are you being called by Anchor Receivables Management?* Here's what you need to know.
Many Americans are in debt, and a significant percentage of them are chased by debt collectors who curse at them, threaten to sue them, and report negative information to the credit bureaus. Many of these bullied consumers would be surprised to discover that federal laws exist to protect them from this type of behavior.
Your Rights Under the FDCPA
A consumer protection law called the Fair Debt Collection Practices Act, or FDCPA, places strict guidelines on what third party debt collectors may say and do while trying to collect a debt. Activities like those below are illegal and can result in major consequences for a company.
- Threatening legal actions they cannot take, such as having your property seized and wages garnished
- Calling before 8:00 a.m. and after 9:00 p.m. in your time zone.
- Revealing details about the debt to anyone but you, your spouse, attorney, and co-signers.
- Using profane or obscene language
- Telling you that you can be arrested and imprisoned if you do not pay the amount they are demanding
- Ignoring a formal cease communications request
- Contacting you directly even after you’ve hired an attorney to represent you in the matter
Company Profile: Anchor Receivables Management
If you are being called by Anchor Receivables Management, information about the company is below.
Anchor Receivables Management, which also does business as Portfolio Recovery Associates, LLC, is a debt collection office located in Norfolk, Virginia. It was established in 1996, has an estimated 1,400 employees, and specializes in buying distressed debt. According to civil litigation records viewable at the PACER (Public Access to Court Electronic Records) website, consumers who believed they were being harassed by Anchor Receivables Management stood up for themselves and refused to pay what they did not believe they owed.
Alleged Violations against Anchor Receivables Management
John Schroeder vs. Anchor Receivables Management d/b/a Portfolio Recovery Associates, LLC*
According to PACER, in or about early 2009, Anchor Receivables Management allegedly started placing constant and consist phone calls to the home number of Ohio resident John Schroeder. The agency was attempting to collect a debt from Nicholas E. Schroeder, and allegedly kept calling even though John informed them on multiple occasions that Nicholas did not live with him and that he did not have any way to contact Nicholas.
Feeling harassed by Anchor Receivables Management, Mr. Schroeder hired a consumer attorney and sued the agency for allegedly violating the FDCPA in the following ways:
The matter was later dismissed.
Hire an Attorney
The phone numbers for this collection agency are:
If any of them flash on your caller ID when the phone rings, it means that you are being called by Anchor Receivables Management. If they keep calling you about a debt that is not yours, hire a consumer attorney who can help file a claim against Anchor Receivables Management. If you win your case, you may potentially receive $1,000 per FDCPA violation plus court costs and attorney fees. Your attorney will guide you through the process of seeking the compensation you deserve.
*Case taken from PACER (www.pacer.gov). File number is Case: 3:09-cv-01155-JZ from the United States District Court for the Northern District of Ohio, Western Division.
Disclaimer: The content of this article serves only to provide information and should not be constructed as legal advice. If you file a claim against Anchor Receivables Management, or any other third-party collection agency, you may not be entitled to any compensation.