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Sunday, January 29, 2012

Portfolio Recovery Group Phone 518-207-3618 Lewiston NY, Multiple US Federal Lawsuits Violation of Fair Debt Collection Act.

It has been brought to my attention that Portfolio Recovery Associates LLC a New York State Corporation with phone number 518-207-3618 located in the Niagara Falls, New York area has multiple US Federal Lawsuits for Violation of the Fair Debt Collection Act , they also use phone number 1-877-369-6484, see link click here for map.  Portfolio Recovery Associates, LLC in New York does not have any Key Executives recorded.

Turner Law Offices, LLC and Arcadier & Associates, P.A. Files Class Action Lawsuit Against Portfolio Recovery Associates, LLC. The law firms of Turner Law Offices, LLC and Arcadier & Associates, P.A. have filed a Class Action lawsuit against Defendant Portfolio Recovery Associates, LLC in the United States District Court for the Middle District of Florida on behalf of all persons in the State of Florida who, since February 18, 2011, received a non-emergency telephone call from PRA to a cellular telephone through the use of an automatic telephone dialing system or an artificial or prerecorded voice and who did not provide prior express consent for such calls during the transaction that resulted in the debt owed. The action is captioned Karen Harvey et al. v. Portfolio Recovery Associates, LLC, and is numbered 6:11-CV-00582.

According to the Complaint, PRA violated the Telephone Consumer Protection Act by using automatic dialing systems and/or an artificial or prerecorded voice to contact cell phone users about purported debts without their prior consent.  Under the TCPA, PRA could be ordered to pay attorneys' fees, litigation expenses and costs of the lawsuit, and statutory damages of $500 for each negligent violation, and/or $1,500 for each knowing and/or willing violation. According to the Complaint, the potential Class Members are estimated to number in the tens of thousands. Additionally, the complaint alleges collective damages exceeding five million dollars ($5,000,000).

UPDATE.....NYT Feb. 1st, 2012,  F.T.C. Fines Debt Collector $2.5 Million. The Federal Trade Commission that it would continue to crack down on debt collectors who harass consumers for money they may not even be legally obligated to pay. The F.T.C. said that Asset Acceptance had agreed to pay a $2.5 million civil penalty to settle charges that the company deceived consumers when trying to collect “old bad debt” and accounts discharged by Federal Bankruptcy.  This is the exact same business plan that Steve D. Fredrickson president and CEO of Portfolio Recovery Associates sold his investors on NASDAQ.


Portfolio Recovery Associates, LLC, also known as Anchor Receivables Management, the company was incorporated in 1996 and is based in Norfolk, Virginia with additional offices in Alabama. Portfolio Recovery Associates, LLC operates as a subsidiary of Portfolio Recovery Assoc., Inc. in New York State.

Portfolio Recovery Associates Inc
Reverside Commerce Center
120 Corporate Boulevard Suite 100
Norfolk VA 23502
P: +1888.7727326…..F: +1757.5180901

Directors- Portfolio Recovery Assoc., Inc Norfolk, Virginia-Current Position
1). Steven Fredrickson, Chairman of the Board, President, Chief Executive Officer
2). Kevin Stevenson, Chief Financial and Administrative Officer, Executive VP.
3). Neal Stern, Chief Operating Officer - Owned Portfolios, Senior Vice President
4). Judith Scott, Executive Vice President, General Counsel, Secretary
5). Craig Grube, Executive Vice President, Chief Acquisitions Officer

New York State Entity Name: PORTFOLIO RECOVERY GROUP L.L.C.
Selected Entity Status Information: PORTFOLIO RECOVERY GROUP L.L.C.
Portfolio Recovery Associates, LLC does not have any Key Executives recorded.
Initial DOS Filing Date: JANUARY 15, 2010
County: ERIE
Jurisdiction: NEW YORK
Entity Type: DOMESTIC LIMITED LIABILITY COMPANY
Current Entity Status: ACTIVE
Selected Address to which DOS will mail process if accepted on behalf of the entity.
PORTFOLIO RECOVERY GROUP L.L.C.
793 CENTER STREET, SUITE 114 (UPS Store)
LEWISTON, NEW YORK, 14092  see link for address http://www.theupsstorelocal.com/6143/

US Fedral Court Lawsuits- Defendant Portfolio Recovery Associates, LLC et al 1). Collins v. Portfolio Recovery Associates, LLC et al
Filed: November 28, 2011 as 6:2011cv06381 Updated: January 23, 2012 06:34:14
Plaintiff: Brandy Collins
Defendants: Does 1-10 and Portfolio Recovery Associates, LLC
Presiding Judge: Ann L. Aiken
Cause Of Action: Fair Debt Collection Act
Court: Ninth Circuit > Oregon > District Court
Type: Other Statutes > Consumer Credit


Bill Warner Sarasota Private Investigator, SEX, CRIME, CHEATERS & TERRORISM at www.wbipi.com