portfolio recovery associates

Lingering Economic Malaise Means Expansion for PRA

– Posted in: consumer news
With Pennies on the Dollar, PRA Controls Billions in Consumer Debt

Portfolio Recovery Associates LLC, a subsidiary of the publicly-traded Portfolio Recovery Associates, Inc., is a debt collection agency that trades in the junk debt markets.  It purchases old, defaulted consumer debts from credit card companies, car finance companies, and others often for just pennies on the dollar.  It is a competitor of Asset Acceptance, LLC, [...]

Consumer Sues Portfolio Recovery Associates LLC for Filing a Time-Barred Collection Lawsuit

– Posted in: fair debt

A New Jersey woman hired the Law Office of Dimitrios Kolovos, LLC to file a lawsuit against the debt collector Portfolio Recovery Associates LLC for allegedly violating the Fair Debt Collection Practices Act (FDCPA), the N.J. Identity Theft Prevention Act (ITPA), and for publishing private facts about her. Both The FDCPA and the ITPA are [...]