Jun 18, 2011
These a**holes. Portfolio Recovery Associates, have called twice today already, and it's only a bit past 1pm...they cannot deny it, as they always comply with the law -- now -- and use their name in the caller ID, ever since the attorney general's office contacted their liaison with state atty. general offices, a lawyer named Brian Pearson. I think he needs a refresher course at Arizona law school, as he himself wrote a letter stating that they sent out the (fraudulent) 1099-C after the decision was made to "cease" collection efforts on this "account." So far, they have called 83 times since they "ceased" collection efforts in September, 2010.
Or maybe they have dreamed up a "new" account -- they told the atty general there are two accounts. Trouble is, they have never sent a letter regarding any "account" other than the original one, so they would be in violation of the federal law on that as well.
Not that they can verify any debt, as the lawyer admitted in writing that all they have is a printout from a bundled pkg. of written-off debts (for which they paid pennies, if not less, on the dollar). They claim they bought the debt in 2001, and he admits they never started trying to "collect" on it until eight years later, in 2009. By then, any credit card I had ever owned had been cut into pieces 12 years prior! Go figure. These vermin need to be exterminated.