Who does asset recovery solutions collect for?

Asset Recovery Solutions, based in the Chicago suburb of Des Plaines, collects consumer debt for the financial, automotive, retail, and educational industries which offer credit cards, auto loans, consumer loans, and student loans.

Should I answer Portfolio Recovery?

If you are the recipient of a lawsuit from Portfolio Recovery Associates, you need to act fast. If you fail to respond to your lawsuit in a timely manner, the court will enter a default judgment against you, which means that you will lose your case and be forced to pay the amount allegedly owed.

Can I ignore Portfolio Recovery?

1: Do Not Ignore the Lawsuit The judge will likely assume you owe the debt and make a judgment in favor of Portfolio Recovery Associates without your input. Unfortunately, if you ignore the lawsuit, you can get a default judgment against you even if you have viable defenses against the case.

How do I settle with Portfolio Recovery Associates?

Reach a settlement with Portfolio Recovery for a percentage of the original amount. You can reach out to Portfolio Recovery Associates to discuss settling at any time: before, during, even after the lawsuit. That being said, if you've already been sued, you should file your Answer before negotiating a settlement.

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Mo Asset Recovery Associates Service Agreement 2012

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Asset Recovery Associates, LLC SERVICE AGREEMENT Client Information: Company Name Phone Number Company Tax ID Number / Social Security Number Contact Name Phone Number Email Address City State Zip.

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