Here are the things you need to know about American Profit Recovery, and how to defend yourself if American Profit Recovery is harassing you with debt collection phone calls.
What is American Profit Recovery?
American Profit Recovery is a debt collection agency that specializes in the Detroit and Eastern Michigan areas.
Is American Profit Recovery a legit Debt Collection Agency?
American Profit Recovery is considered legitimate, as they have been in service for close to 17 years. They started in 2003, with their business becoming incorporated in 2004, and their Better Business Bureau file being opened in 2006. It currently has a B+ Rating with the BBB, and a 1 star out of 5 total in customer reviews.
American Profit Recovery Contact Information
Address: 34505 W 12 Mile Rd Ste 333 Farmington Hills, MI 48331-3288
Phone number: 1-248-948-1234
Does American Profit Recovery have Complaints against them?
APR currently has a total of 12 complaints that were closed within the last 3 years on the BBB database. 2 of those complaints were closed within the last 12 months.
American Profit Recovery currently has 58 complaints matched to their company name on the Consumer Financial Protection Bureau's Consumer Complaint Database.
What kind of Complaints have been made?
The majority of the complaints that have been made outline an abuse of power, as well as illegal harassment and abusive language used when attempting to collect on a debt. 55 of the complaints on the CFPB's CCD database are due to debt collection issues, and 3 were due to credit reporting errors, or other such issues.
The complaints listed on the BBB's database state that the company had attempted to misinform their consumers about debts and information being transmitted to them. One customer complaint from 2019 states that they were harassed and belittled when they called to ask about the debt paperwork.
Are the Practices of American Profit Recovery Legal?
The practices stated about American Profit Recovery are indeed illegal. The Fair Debt Collection Practices Act's (FDCPA) guidelines and regulations state that a debt collection agency may not use forceful methods, or harassing language, when attempting to collect on the debt. If they do, they are breaking FDCPA guidelines, and can be suitably punished.
Not only that, they attempted to misguide and misinform consumers about the status of their debt, which is also an illegal method.
How can I protect myself and fight back against American Profit Recovery?
If you, or a coworker, have been contacted by American Profit Recovery, then know that you do have the law on your side. Firstly, research more into the FDCPA and what they stand for. Understanding what laws are on your side will help to understand the circumstances that you are currently in.
Next, look into verifying the debt. This can be done by asking for the debt information, or asking for a letter to be sent to you about the debt, as well as a confirmation number. If these things can not be done for you, then you are not obligated to pay the debt as requested.
The greatest step you can look to take is to get in contact with an experienced and knowledgeable debt collection harassment attorney. We here at Law Office of Paul Mankin, APC, know a thing or two about debt collection harassment because we've seen a thing or two. We are able to help you identify, stop, and report unwanted harassment to the proper authorities.
Not only can we help you to defend against harassment, we can also help to build a case, and assist you in understanding where the illegal collection patterns are for debt collectors. We are also able to help facilitate any communications or discussions between the parties, ensuring that nothing you say can be used against you.
The most important bit of information in your fight is to always remain vigilant. No matter who you have at your side, it can seem like a daunting battle against such a large company and agency. If you have ever been the subject of:
- Multiple calls per week from a third party collection agency
- Multiple calls in the early morning or late night from debt collectors.
- Violent and belligerent language and harassment from debt collectors.
- Threats of arrests or poor credit due to outstanding debts.
- Having your friends, family, and coworkers harassed from debt collectors.
- Automated robocalls from third party collection agencies.
Then you may have a case available. So do not wait, make sure to give us a call, and get started fighting back against the debt collection harassment.