Who is Foster and Monroe, LLC?
Foster and Monroe, LLC is a third-party debt collection agency located in West Seneca, New York. You may see them listed on your credit report as a collections account. This can happen if you didn’t pay a bill.
Who does Foster and Monroe collect for?
Foster and Monroe collects debts for both local and national companies.
Is Foster and Monroe legit or a scam?
Foster and Monroe is a legitimate company. However, they may repeatedly spam call, text, or email you.
How can I remove Foster and Monroe from my credit report?
Foster and Monroe collections can hurt your credit score and remain on your credit report for up to seven years regardless of whether you pay it or not. Unfortunately, paying the collection could even lower your credit score.
However, it is possible to remove a collection account from your credit history before seven years.
(While debt collectors may not want this information to be widely known, it’s your right to be informed.)
Ready to Raise Your Credit Score?
Some clients have raised their credit scores
by 100 points* or more.
Lexington Law Firm is a credit repair company that helps people fix their credit.
In addition to collections, they can work with you to challenge other inaccurate, unfair, or unsubstantiated information on your credit report. These items include inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.
Get started on the path to better credit today: Fill out the form for a free credit consultation.
Foster and Monroe, LLC Contact Information
Address:
Foster and Monroe, LLC
3770 Transit Rd
Orchard Park, NY 14127
Mailing Address:
Foster and Monroe, LLC
PO Box 1031
West Seneca, NY 14224
Phone number: (866) 307-4543
Should I contact or pay Foster and Monroe?
It’s best to avoid speaking to a collection agency on the phone. And making payments on the debt will reset the clock. As a result, it could harm your credit rather than improve it. However, sometimes it’s better just to pay the collection account, especially if it’s new, and you’re certain that it’s legit.
The most effective way to deal with Foster and Monroe is to work with a credit repair professional. They help remove millions of negative items every year from companies like Foster and Monroe on behalf of their clients.
Will Foster and Monroe sue me or garnish my wages?
It’s possible, but if you work with a law firm like Lexington Law, you have nothing to worry about. They aid you in disputing the collection account with the credit bureaus, with the possibility of having it removed from your credit history. It’s also quite possible that you will never hear from or have to deal with Foster and Monroe again.
Wage Garnishment
Some states allow wage garnishment, while others do not. If you are in a state that does not allow wage garnishment, it is illegal for a debt collector to threaten to garnish your wages.
It is also illegal for Foster and Monroe to make any claims they cannot or will not follow through on. This includes threatening to sue you or foreclose on your home.
Is Foster and Monroe hurting my credit score?
Any derogatory item on your credit report, including a collections account, may harm your credit score.
Debt collectors often buy and sell debt from one another. This can lead to multiple collections on your credit report for the same account.
To get an account removed, you must file a separate dispute with each credit bureau; Equifax, Experian, and TransUnion, or it can negatively impact your credit score.
Foster and Monroe, LLC Complaints
Most collection agencies have numerous complaints filed against them with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most consumer complaints are about inaccurate reporting, harassment, or failure to verify a debt. If a debt collector is harassing you, you may want to consider filing a complaint.
You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These rights include the ability to dispute credit reporting errors and to be treated fairly and respectfully by debt collectors.
Your Rights When Dealing with Foster and Monroe
Debt collectors must abide by state and federal laws in the United States. For example, the Fair Debt Collection Practices Act prohibits a debt collector from using abusive, unfair, or deceptive practices. In addition, the FDCPA provides you with many rights to ensure that collection agencies don’t take advantage of you. In particular:
- It is a violation of federal law for Foster and Monroe to report inaccurate or incomplete information about you.
- You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. By law, they have 30 days to prove to you that the debt is really yours and the total amount is accurate.
- Foster and Monroe may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
- Foster and Monroe must be honest about who they are and what they are attempting to do. They must notify you that they are a debt collection agency both orally and in writing.
- Foster and Monroe cannot threaten to have you arrested or imprisoned over unpaid debts.
Remove Foster and Monroe Collections From Your Credit Report Today!
Lexington Law can assist you in disputing Foster and Monroe collection accounts. With more than 18 years of experience, they achieved over 6 million removals for their clients in 2021 alone.
If you’re looking for a reputable company to help you with collection accounts and repair your credit, consider working with Lexington Law Firm.
They have helped many people in your situation. Fill out the form on their website for a free credit consultation to see what they can do for you.
Ready to Repair Your Credit?
Some clients have raised their credit scores
by 100 points* or more.
