Who called from 4045494452

This number appeared on my caller I.D. over several days including on Sunday.

The only description given on the I.D. is "BUSINESS"

Since I ONLY answer from numbers I know THEY did not get my BUSINESS

Same as others reported, except this calls rings on my work telephone.  There's a lot of noise in the background but no one speaks. I'm at a federal facility, hence no sale calls. I'm guessing they are not aware of whom or where they're calling.

Being another "zombie" debt buyer, all they have in front of them when they call is a file...and nothing to tell them who the alleged debt belongs to..or where it originated from.

They just keep calling until they can find someone who is unsophisticated enough to admit that they "own" the debt and they can collect from.

Portfolio is also being reported as sending out bogus 1099-C's on debts which are long past the Statue of Limitations and have been disputed and NEVER VALIDATED.

This corporate zombie machine with a decidedly British accent just left a message on my answering machine saying something about "an important business matter", but didn't say much else. My guess is this imbecile is from a debt collections agency and has been harassing me at my residence for over the past month.

If it happens again, I plan on asking to speak with the supervisor so I can threaten legal action if they don't stop calling.

Portfolio Recovery Associates, LLC
Aka/ Anchor Receivables Management
Corporate Headquarters
120 Corporate Blvd., Norfolk VA 23502,
Mailing address: PO Box 12914 Norfolk VA 23541
Phone: (800) 772-1413 800-654-8818 or 757-519-9300
Fax: (757) 321 2504 or 866-296-0635

Offices:
4829 Hwy 45 North
Jackson, TN 38305

New Market Mall
5200 West Mercury Blvd
Hampton, VA 23666

500 West 1st Avenue
Hutchinson, KS 67501

Head Debt Collectors:
Steve Fredrickson, CEO
Email: [email protected]
Andrew Holmes, President
Email:  [email protected]
Craig Grube, Sr., VP
Email: [email protected]
Donald A. Williams, Associate General Counsel
Email:  [email protected]
www.portfoliorecovery.com

Delvanie Rush is a liar and employee of Portfolio Recovery Associates, LLC.  Read her phony document.

Portfolio Recovery Associates, (PRA) bottom feeders with deep pockets, have apparently figured out how to get blood from a turnip. They collect on accounts dating back to the 90’s -- accounts so out of statute that most consumers can’t even remember if they even existed.

These vultures live off the grief and (in some cases) the time barred debts of unsophisticated consumers. Like most of the bottom feeders out there, PRA and Anchor are fighting the density of junk debt buyers who have flooded the market. To say the price for accounts has gone up is an under-statement. PRA is paying more just like everyone else to stay on top of the market.

One of PRA's favorite tricks is to use the IRS to collect for them. They issue the debtor a 1099C for the amount of the debt, then charge the full amount off as a loss. We've heard cases of other agencies collecting later on the same debt. Could PRA be charging off the full amount, then selling the account to another junk debt buyer? The poor consumer gets screwed in more ways than one. First, he's paid a questionable debt via a settlement to PRA - perhaps 60% on a debt they most likely couldn't have proven in court. Secondly, his taxes are hit when the IRS waves this 1099C in his face. They are effectively collecting for PRA at this point, since PRA took the loss (100%) of something they paid only pennies on the dollar for. Third, the consumer has to face the debt again when the junk debt buyer comes after him anew. Hopefully, the IRS will catch onto this scam. PRA is a publicly traded company, so one would think they wouldn't be able to get away with this type of financial accounting for very long without some preying eyes.

According to the WV General's Office,  "In the case of a debt that has been disputed and cannot be proven a 1099c is not a valid option for a CA to file. By filing the 1099c they are saying that yes this is that persons debt and we can prove it is. However if they cannot validate they cannot file the 1099c". ...they suggested the recipient of the 1099-C file a complaint with our State's AG office or file a civil suit or both.

My mail box has been flooded with consumer complaints from all across America stating they have received IRS Form 1099-Cs from Portfolio Recovery Associates (PRA) on debts they purchased.  Many claim these debts date back into the mid 1990s and are no longer on their credit reports; most are past State statutes for taking legal actions and the majority appear to be far beyond the seven year statute for credit bureau reporting.

Portfolio Recovery Associates, of Norfolk, VA is a purchaser/seller/collector/ of junk debts purchased in portfolios for pennies on the dollar. Upon purchase, these debts are inflated to where they attempt to collect on them from consumers at very high profit margins.

http://www.budhibbs.com/ASSIRS.htm
http://www.budhibbs.com/debtcollectorpages/portfolio_recovery_associates.htm