If Chapman Financial Services has popped up on your credit report, you’re likely dealing with a collection account tied to an unpaid bill. While this can lower your credit score, you don’t have to let it linger—there are steps you can take to remove it.
Who Is Chapman Financial Services?
Chapman Financial Services (CFS) is a debt collection agency based in Coeur d’Alene, Idaho. It operates as a division of MST Financial Solutions, LLC. If they’ve contacted you or appear on your credit report, they’re likely trying to collect on an overdue debt.
What Kind of Debts Do They Collect?
Chapman Financial Services works with a broad range of clients across multiple industries, including:
- Utilities and telecommunications companies
- Government agencies and courts
- Property management and rental firms
- Healthcare providers
- Colleges and educational institutions
- Legal offices and financial services
They specialize in third-party debt collection, meaning they’re not the original creditor—but they’re hired to recover the money on their behalf.
Is Chapman Financial Services Legit?
Yes, Chapman Financial Services is a legitimate collection agency. But that doesn’t mean every debt they attempt to collect is valid. Collection agencies sometimes report outdated, incorrect, or already-paid debts—so you should always verify before taking action.
How to Remove Chapman Financial Services From Your Credit Report
Collections can damage your credit score for up to seven years. Here are your options to get them removed:
1. Dispute the Account
Check your credit reports for errors. If anything is inaccurate—like the balance, dates, or even the account itself—you can file a dispute with the credit bureaus. They’re required to investigate within 30 days.
2. Request Debt Validation
Send Chapman Financial Services a debt validation letter asking them to prove the debt is yours and that the amount is correct. If they can’t verify it, they must stop collecting and remove the account from your report.
3. Negotiate a Pay-for-Delete Agreement
You can offer to settle the debt in exchange for having the account deleted from your credit report. Not all collectors will agree to this, but some might—especially if the debt is small or old. Always get any agreement in writing.
4. Hire a Credit Repair Company
If you don’t want to handle this yourself, a professional credit repair service can manage the dispute process and increase your chances of getting the collection removed.
Ready to Clean Up Your Credit Report?
Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
Should You Contact or Pay Chapman Financial Services?
Hold off on calling or paying until you’ve confirmed the debt is:
- Legitimate – Make sure it belongs to you and hasn’t already been paid.
- Still collectible – Debts past your state’s statute of limitations may no longer be legally enforceable.
- Reported accurately – Check every detail, from the balance to the account age.
Paying a collection can sometimes restart the statute of limitations, which could make it easier for a collector to sue you. So don’t make any payments without knowing your rights.
Can Chapman Financial Services Sue or Garnish Wages?
Yes, they can sue you for unpaid debts. If they win a judgment in court, they may be able to:
- Garnish your wages
- Freeze funds in your bank account
- Place a lien on your property
However, these actions depend on your state’s laws and usually happen only after other collection attempts fail.
Chapman Financial Services Complaints
Like many collection agencies, Chapman Financial Services has received complaints through the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Common issues include:
- Inaccurate reporting
- Harassment or repeated phone calls
- Refusal to verify a debt
If you believe your rights are being violated, you can file a complaint with the CFPB or your state’s attorney general.
Know Your Rights Under Federal Law
You’re protected by two major laws:
- The Fair Credit Reporting Act (FCRA) – Gives you the right to dispute inaccurate credit report information.
- The Fair Debt Collection Practices Act (FDCPA) – Protects you from harassment and deceptive practices by debt collectors.
Under these laws:
- You can request debt validation.
- Collectors can’t threaten, harass, or lie to you.
- You must be notified in writing that they are a debt collector.
- They cannot claim you’ll be arrested or imprisoned over a debt.
Chapman Financial Services Contact Information
Street Address:
Chapman Financial Services
316 N. 4th St.
Coeur d’Alene, ID 83816
Mailing Address:
Chapman Financial Services
P.O. Box 7100
Coeur d’Alene, ID 83816
Phone Numbers:
(208) 667-4671 or (800) 594-9866
Get Help Removing Chapman Financial Services From Your Credit Report
Dealing with collections can be overwhelming, but you don’t have to handle it on your own. Credit Saint has helped thousands of people remove negative accounts—including those from Chapman Financial Services—and work toward stronger credit. They also offer a 90-day money-back guarantee if you’re not satisfied.
For a free consultation, visit their website or call (855) 281-1510.
Brooke Banks is a personal finance writer specializing in credit, debt, and smart money management. She helps readers understand their rights, build better credit, and make confident financial decisions with clear, practical advice.
