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Archive for 'Portfolio Recovery Associates Inc'
Despite the Still-Weakened Economy, Debt Collector comes Out on Top
While millions of Americans must grapple in this difficult and topsy-turvy economy, some businesses continue to thrive. In fact, Portfolio Recovery Associates, Inc., a company that purchases, collects, and manages consumer debt, are reporting record-breaking profits. Portfolio Recovery Associates, like...
Read MoreDeceased Womans Name Was Robo-Signed on Thousands of Affidavits
In 2008, Portfolio Recovery Associates Inc. was sued for fraud after affidavits were submitted bearing the name of Martha Kunkle, who died in 1995. It appears that Martha Kunkle has come back to life. Last July, lawyers for Portfolio Recovery Associates sought...
Read MoreBoom in Debt Buying Fuels Another Boom in Lawsuits
Across the nation, there is a surge in lawsuits against people who aren’t paying their bills, driven by the debt-buying industry that has surged in the past three years as debt has become cheaper and cheaper to buy amid hard...
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