731-256-6891

A 1099-C is counterproductive for them.  Once they issue it they are not allowed to attempt to collect anymore and are not entitled to any money.

I know. And--in the case of my late BIL, it also proved counterproductive for them to submit a bogus 1099-C to the IRS, especially when they had NO intention of ever backing it up. They were countiing on (as Budd Hibbs used to say): "The IRS doing their collecting for them". Well, guess what?: They LOST.

The IRS does not collect the money that is reported on the 1099-c.  They only count it as income and when the 1040 is filed, it would be taxable income, so they would expect to see those taxes remitted. Well from what I have seen and heard, it certainly takes less than a High School education to work for one of these scumbag collectors.  Meaning that they are certainly not the sharpest knives in the drawer.

This is a spoof number from Portfolio Recovery, a debt collector.

I, too, have gotten calls from that very  same phone number on many different days and times. I, too, don't answer calls from numbers that I do not know.

Portfolio calls at 930 pm...on a 16 yo credit card that's not even on my credit report any longer..wth??!!!?? Who calls so late and in cst from est..they must pay good for ppl to call so late and harass..really! 8th call today from them. Went on my reject list, but they'll use a Florida area code next time..
I like the idea of Z before the name tho

Why would a debt recovery service be calling if I have no past due debt?

BLOCKED ..... My cell is a new number for me, they obviously think they're calling someone who had the number before I did... THIS Should be illegal... No one who owes a debt is gonna get a call and suddenly decide to pay it by being harassed anyway ....

Could be identity theft and someone created debt under your name. Or they could be looking for someone and they think they can find them through you.

Resident47. That was hilarious!

Now that just an ignorant statement that they are funded by credit reporting agency's these sleazy vermin make money hand over fist with their extortion methods they will lie to enter out of statute debts back as an active collectable and are routinely sued for doing so

Every day from Portfolio...They're tricky with their different numbers.  I just programmed all of their numbers into my auto reject list.  These posts are very helpful.

It's a little sad, too. It may take days to weeks for Ms. Wagner to realize she's done nothing here which addresses her problem.

You're very wrong, and the warped logic of what you're thinking would place undue burden on a consumer. The "five day" part is a time limit imposed on the agency to send the *required* initial dunning letter bearing required disclosures per FDCPA §1692g, just as WJ said. Nobody needs to ask for those disclosures; they should be part of the compliant agency's routine. Failure to make those disclosures timely is enough to enable FDCPA lawsuits.

The point of that letter is to establish the collector's claim and to provide a chance for dispute. Without it, the alleged debtor has to work at obtaining the collector's name and address, the creditor's name, the amount claimed, and so on, which would be unfair at best and impossible at worst when facing a bogus collector. Any jerk with a phone can call you demanding money, which is why the Congress and the FTC wanted us to have at least the first step of a paper trail.

FDCPA § 1692g. Validation of debts
http://www.law.cornell.edu/uscode/text/15/1692g

The written validation request is made *in response* to that first dunning letter, which invites said response in that boilerplate about having thirty days to dispute. It is that response which triggers various FDCPA protections, depending on what a person demands. At the very least it places a sort of gag order on the agency until its validation is sent. Otherwise, as you'd noted, it's legal to collect from someone who fails to fight.

Did not recognize number and did not answer.  Caller left no message.  Looks like it's that Portfolio Recovery and I have no outstanding debt.

It's Portfolio Recovery Associates. They're an extremely aggressive and thorough debt collection agency that will call several times a day and up into the evening. They try to collect on zombie debts that are way past the statute of limitations and for companies like Bank Of America, Beneficial, Capital One, CenturyLink and MNBA which charge usurious amounts.

Sue them

I would love your attorney's name! They keep harassing my mother in law after she has told them to stop calling her.

Lol!!!

I am so tired of these annoying phone calls if they keep calling i'm going to get fired