Direct Recovery Services is a medium-sized debt collection company that was founded in Minnesota in 2015. Currently, their headquarters are located in Two Harbors, MN. They do not specify the industries in which they collect. This means that they likely collect across a wide variety of businesses.23 Mar 2021
Will direct recovery services sue me?
Can Direct Recovery Services Sue Me? Although anyone can sue anyone for any reason, we have not seen sue consumers, and it's likely that the agency does not sue because they don't always own the debt they are attempting to collect, and would also need to hire a lawyer, or use in-house counsel, to file a lawsuit.
Who is direct recovery?
Direct Recovery Associates, Inc. is a debt collection agency specializing in collecting commercial and professional service claims throughout the U.S. and internationally. Persuasiveness, persistence and professionalism are the standards our collectors and attorneys pride themselves on.
How long will a collection agency try to collect a debt?
How Long Can a Debt Collector Pursue an Old Debt? Each state has a law referred to as a statute of limitations that spells out the time period during which a creditor or collector may sue borrowers to collect debts. In most states, they run between four and six years after the last payment was made on the debt.1 Sept 2021
Is direct recovery services a legitimate company?
Is Direct Recovery Services Legit or Scam? Direct Recovery Services is a legit debt collection agency working on a contingency basis and offers nationwide debt collection services. The agency receives a fixed percentage of what they recover from the consumers.16 Sept 2021
Does Financial Recovery Services sue?
Can Financial Recovery Services Sue Me or Garnish My Wages? It is illegal for a debt collector to make empty threats to sue you or garnish your wages. It is also unlikely FRS would sue you for a debt you may not owe or they cannot validate.3 Sept 2019
Does Plaza Services LLC sue?
No, Plaza Services does not sue consumers that we are actively working with.
How do I know if a debt collector is legit?
Track the source of the debt by reaching out to your creditor to see if it has any information about the debt in question. If the company that contacted you matches what your creditor has on file, then you'll know it's a legit debt collector. Always ask for a validation letter or confirmation about the debt.26 May 2021
Who does direct recovery services represent?
As you may have guessed, they are a third-party collection agency hired by your initial creditor to recover a debt from you. They are completely legitimate and are lawfully allowed to collect from you. One of the most serious repercussions of being contacted by a debt collector is their impact on your credit report.23 Mar 2021
Who does debt recovery solutions collect for?
If you're getting calls from a company called Debt Recovery Solutions, you probably have one or more unpaid bills to take care of. They are a third-party collector that is hired by companies to get customers to pay their overdue bills. And this can range from credit card debt to hospital bills to utility fees.24 Mar 2021
Is Financial Recovery Services legit?
Financial Recovery Services is a legitimate company. They are not a fake company, or a scam. But, they may spam call and harass you. The most hassle free way to do this is to call 855-577-2276, today.9 Dec 2021