Portfolio Recovery Associates

I have those numbers in my blocked caller list. I dont owe anyone any money. So i dont know what t hey want because I wont talk to them.

This  is a ploy by Portfolio  Recovery  Associates because there was decision  against this debt  collector not to collect  further debts and  not sell old debts to other debt  collectors.   Just  found out that NCA (National  Credit  Adjusters) is  a  subsidiary of Portfolio.    And  Portfolio is doing this so it can get away  with collecting your debts.    File a  complaint to the  Consumers Financial Protection  Bureau - http://www.consumerfinance.gov/    .  Portfolio Recovery had a judgment against them in September 2015.

Caller: NCA

No need to post a comment twice

We know of not such government action that stipulated that they could not continue to collect debts or sell those portfolios to others.  So you need to cite your source.  After all, you did research it and can prove what you say can't you?

I believe that I read something somewhere were they could not try to collect on a debt that was out of statue and that the could not sell a such debt. If they are doing so I cannot think of a better way to piss a judge off.

Your comment is misleading. No regulator won a judgment against PRA in September. Encore/Midland and PRA instead struck a consent agreement with the CFPB, the 'C' standing for "Consumer", singular.

A stipulation was made which should provide disincentive for the firms' usual careless purchase and handling of debt. The debt buyers are barred from reselling portfolios to third parties. That much in your statement is accurate. However, contrary to your claim, such a sale cannot be whitewashed merely by selling to a subsidiary or as part of a merger.

There is no absurd blanket order or stipulation to cease all collection. PRA is barred from collecting on accounts "without a reasonable basis", the ones in play right now which they know they cannot prove, or don't feel like proving, valid. Nobody in the agreement is speculatively punished for unfair or illegal actions not yet taken, much less subject to a choke hold on their entire business.

CFPB Takes Action Against the Two Largest Debt Buyers for Using Deceptive Tactics to Collect Bad Debts
http://www.consumerfinance.gov/newsroom/cfpb- ... lect-bad-debts/

I have difficulty confirming your claim that NCA is a PRA subsidiary and see no relationship by common ownership or acquisition. So this is another request to cite your source.

NCA is known as a dirty payday loan collector which has been spanked hard in recent years. Even the triple-B turned its back, revoking accreditation six months ago this week. It's hard to imagine Steve Fredrickson risking his NASDAQ darling status by getting mixed up with a tainted property, especially as stockholders look with concern at PRA's backslide this year.

PRA Group Shocks Investors With Falling Earnings, Revenue
http://www.fool.com/investing/general/2015/11 ... earnings-r.aspx

Shill Alert.  This should have been red stamped - Reported -

More Shilling  --  Zapp needs to zip it.   -- Reported

You spotted a one two punch.  First a spam, then the same spammer pretending to reply.

I am taking my own advice as well because they harass me and my Disabled USMC Veteran on a daily basis. There are Attorneys who handle pricks and thief's like PRA. If after you tell them that you do NOT want verbal contact with them per federal law they can send it by mail. IF they continue to call and harass you after that an Atty can get you up to one thousand dollars and they will have to remove the debt. as well. This is what I am told. Its worth a try to get back at these Vultures.

What you were told was flawed. Ignoring a person's stated contact preferences does create FDCPA liability, but a losing defendant does not "have to remove the debt" or cancel a debt or do anything with the account. The Act addresses collector conduct and was not written to invalidate debt claims. As the Act applies to non-creditors, the defendant companies don't have the ability to cancel a debt anyway. They can choose to stop collecting, and most likely would, from a consumer who makes the job too difficult.

Cancellation of debt does occur sometimes as part of a settlement or an AG enforcement action, or as a punitive reaction from a judge who kills off a whole bucket of soundalike cases. Usually the violations have to be pretty serious and harming multiple people.

Know what I did to them? I used a bank of phones and voice over internet numbers and every time they called me I pounded their phone exchange with phone calls tying up all their damn phone lines. Bottom feeding scum trying to scare people into paying dead debts.... they hate it when you turn around and harass them but when they call multiple times a day looking for someone who apparently used to have my phone number and just don't get the hint that my name is not Latwanda then this highly trained tech guy gives them a nice dose of their own medicine...a non stop auto dialing robot that plays their message right back to them over and over until they close for the day. There is no seedier debt collector than these boobs.

Oh and for the shill above that is pretending to know what he's talking about PRS got hammered by the CFB in September.

http://www.consumerfinance.gov/newsroom/cfpb- ... lect-bad-debts/

“Encore and Portfolio Recovery Associates threatened and deceived consumers to collect on debts they should have known were inaccurate or had other problems,” said CFPB Director Richard Cordray. “Now, the two biggest debt buyers in the market must refund millions and overhaul their practices. We will continue to take action to protect consumers from illegal and obnoxious debt collection practices.”

Well, I know I cannot be the "above shill" since I linked to the same press release about 25 days ago, and explained something it did not say, which I may have to do again. To ensure clarity I have the two consent orders in front of me as I write. The CFPB ordered restitution payments and cessation of collection of accounts in dispute and/or collected by illegal means. The Bureau did not order the two debt buyers to cancel any debt. Again, I don't think that was feasible. The enforcement orders do the next best thing if not better.

If you feel you need the exercise, you and Elenna are free to show us which line of the FDCPA forces cancellation of debt as one of its available forms of relief. I'll start you off in the pertinent section.

§ 1692k. Civil liability
http://www.law.cornell.edu/uscode/text/15/1692k