Who is National Recovery Solutions, LLC?
National Recovery Solutions, LLC (NRS) is a debt collection agency based in Lockport, New York. As a part of their services, NRS helps businesses recover their debts, particularly those that have become challenging to collect.
If you find NRS listed on your credit report as a collections account, it’s an indicator of an unpaid debt that has been transferred to this agency for collection.
Who does National Recovery Solutions collect for?
National Recovery Solutions primarily specializes in the collection of higher education and government debt. This includes unpaid student loans, tuition fees, and other financial obligations related to the education sector.
National Recovery Solutions also functions as a subcontractor for the U.S. Department of Education. This role involves assisting the department in the collection of unpaid federal student loans and ensuring compliance with federal regulations while doing so.
Is National Recovery Solutions legit or a scam?
National Recovery Solutions is a legitimate company. They are authorized to collect debts on behalf of their clients. However, it’s important to verify any debts they claim you owe before making any payments.
How can I remove National Recovery Solutions from my credit report?
Collection accounts can impact your credit score for up to seven years, so it’s essential to address them promptly. To remove collections from your report, start by disputing any errors related to the account with the credit bureaus.
If the information is accurate, consider negotiating a “pay-for-delete” agreement, where you offer payment in exchange for the account’s removal. Another option is to work with a credit repair service that specializes in challenging collections.
Ready to Clean Up Your Credit Report?
Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
National Recovery Solutions, LLC Contact Information
Address:
National Recovery Solutions
6425 Dysinger Road
Lockport, NY 14094
Phone number: (888) 863-5498
Should I contact or pay National Recovery Solutions?
Before contacting a collection agency, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.
The most effective way to deal with National Recovery Solutions is to work with a credit repair professional. They help remove millions of negative items every year from companies like National Recovery Solutions on behalf of their clients.
Will National Recovery Solutions sue me or garnish my wages?
National Recovery Solutions (NRS) can legally initiate a lawsuit for the recovery of unpaid debts. If they win the lawsuit, they may obtain a judgment that could potentially grant them the right to garnish your wages, levy your bank account, or pursue other forms of debt collection, based on your state’s laws.
However, a lawsuit is typically a last resort due to the process being time-consuming and costly. Often, NRS may prefer to negotiate a payment plan or reach a settlement agreement.
National Recovery Solutions, LLC Complaints
Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you are being harassed, 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 disputing credit reporting errors and being treated fairly and respectfully by debt collectors.
Your Rights When Dealing with National Recovery Solutions
Debt collectors must follow state and federal laws. The Fair Debt Collection Practices Act (FDCPA) prohibits abusive, unfair, or deceptive practices and ensures your rights are protected:
- It is a violation of federal law for National Recovery Solutions 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. They have 30 days to prove the debt is yours and the amount is accurate.
- National Recovery Solutions cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- National Recovery Solutions must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
- National Recovery Solutions cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove National Recovery Solutions From Your Credit Report Today!
Credit Saint offers assistance with disputing National Recovery Solutions collection accounts. With over 15 years of experience, they have worked with clients to address incorrect entries on credit reports.
If managing collection accounts feels overwhelming, working with a trusted credit repair company could be a helpful step toward improving your credit.
Visit their website or call (855) 281-1510 for more details.
