What is Portfolio Recovery Associates?
Portfolio Recovery Associates, LLC or PRA, LLC is a debt collection agency that has been in operation since 1996. It is among the biggest debt collection agencies in the world. Although PRA boasts in its slogan “a trusted name”, that may be the furthest thing from what it is. Portfolio has been notorious for debt collection harassment and has been sued countless times in federal court for violations of the Fair Debt Collection Practices Act (the “FDCPA”).
Portfolio acts as a third party debt collector for its clients. Its clients are the companies that you may have incurred a debt with. This could be a bank, a credit card company, a phone company, an auto lender, or any other type of lender. If you recall incurring a debt, it could be that the debt was placed with a debt collector if you have been in default for some time.
Contact Information Address:
120 Corporate Drive
Norfolk, VA 23502
Phone: (800) 772-1413
More details on PRA Group’s Wikipedia page
What type of Harassment Has Portfolio Recovery Associates Engaged In?
Your indebtedness should not give a debt collector a free-pass to harass you or use deceptive tactics to collect from you. If Portfolio has done any of the following to you, YOU COULD BE ENTITLED TO COMPENSATION! Reach out to us for a free case evaluation! We represent our debt collection clients at no upfront cost. Send us a chat if PRA has:
- Called you at early hours of the day or late into the evening hours.
- Failed to identify itself.
- Told anybody but you about a debt that you owe. This could be any third-party..
- Used profane language or threatened you.
- Continued to make phone calls after you told them to stop.
- Called your workplace even when they knew that your employer does not allow these types of calls.
- Made excessive phone calls to your phone.
- Contacting you after you tell them that you are represented by an attorney.
Portfolio Recovery could also be on the hook if they sent you a harassing debt collection letter. Make sure that you never throw away letters that any debt collector sends you. If you believe that a letter is harassing, email it over to us for a FREE evaluation.
Keep the evidence!
Be sure to make note of all the times that PRA calls you. Take screenshots of your call! Keep track of every time PRA calls you and note the number that they are calling from. Do not forget the date and time that they call.
Never throw away a debt collection letter. Everything that PRA says or writes can be used against them in the court of law.
Why should you press a claim against PRA?
The Fair Debt Collection Practices Act (FDCPA) is a remedy prescribed by congress to allow aggrieved consumers who were harassed by debt collectors and suffered harm because of it to pursue a claim against the debt collector in federal court. The purpose of the act is to make the aggrieved party whole while also serving as a deterrent to prevent debt collectors from using deceptive, unfair, abusive, and aggressive tactics in attempting to collect a debt from consumers. If it weren’t for the FDCPA, there would be a free-for-all in debt collectors lying to consumers to get them to pay debts that they may not even owe. The FDCPA ensures that consumers are protected. The FDCPA is a consumer protection act that many consumers don’t even know exists. It also makes it easy to retain a lawyer. Lawyers typically take these types of cases at no cost to the consumer because attorneys in these types of cases are able to recover their attorney’s fees from the defendants in the case (the debt collector).
What might an FDCPA Lawsuit against Portfolio Recovery Associates get you?
The FDCPA allows a victim of debt collector harassment to recover up to $1,000 of statutory damages. This does not take into account whether you have suffered emotional distress or actual damages.
Lawyers will typically represent you in an FDCPA lawsuit for FREE!
Many people assume that hiring an attorney means that they will take a percentage of that $1,000. Because of this assumption, most victims of debt collection harassment don’t even engage lawyers because they believe that it might not even be worth it at the end if they take a percentage of such a small reward. This is actually not the case in most circumstances. The FDCPA is a fee-shifting statute which allows lawyers to obtain their attorney’s fees from the debt collector in these cases APART from the $1,000 statutory damages. Lawyers fees start accruing the moment they take your case. Whatever the fees end up being by the time there is a judgement or a settlement, the Defendant would be responsible for it if there is in-fact a violation of the FDCPA.
Do not shy away from engaging an attorney. We will evaluate your case at no cost and if you choose to retain us, we will take your case at no upfront cost to you. We will only get paid if you get paid. Do not subject yourself to harassment from Portfolio Recovery Associates if you can do something about it.
Haseeb Legal will handle your FDCPA claims against Portfolio or any other debt collector to make sure that you get compensated for harassment and use of deceptive tactics to trick you into paying the debt or paying more than you owe. Congress prescribed you with rights against debt collectors, so you should take advantage of it, especially if having a lawyer will cost you no money. We will handle your case from beginning to end and once Portfolio receives notice that you are represented by an attorney, they will be legally obligated to cease communication with you. Contact us today for a free case evaluation and a discussion of your options