Quality Asset Recovery

Who is Quality Asset Recovery?

Quality Asset Recovery, LLC (QAR) is a debt collection agency based in Gibbsboro, New Jersey. They are responsible for collecting overdue debts on behalf of creditors.

If you see QAR listed on your credit report as a collections account, this usually means that there is an unpaid bill or debt that has been handed over to them for collection.

Who does Quality Asset Recovery collect for?

Quality Asset Recovery works with a wide range of industries for their debt collection services. These include the banking sector, business to business transactions, commercial receivables, government services, healthcare industry, rental recovery, retail businesses, student loans, and utilities.

This means that they can collect on various types of debts, including unpaid bank loans, overdue bills from business transactions, unpaid medical bills, overdue rent, unpaid retail purchases, defaulted student loans, and unpaid utility bills.

Is Quality Asset Recovery legit or a scam?

Quality Asset Recovery is a legitimate debt collection 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 Quality Asset Recovery from my credit report?

Quality Asset Recovery 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.

(Though debt collectors may not want this widely known, it’s your right to be informed.)

Professional credit repair services assist people in getting their credit back on track.

They can help challenge inaccurate, unfair, or unsubstantiated information on your credit report, including collections, 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.

Quality Asset Recovery, LLC Contact Information

Address:

Quality Asset Recovery, LLC
7 Foster Avenue Suite 101
Gibbsboro, NJ 08026

Phone number: (800) 796-1476

Should I contact or pay Quality Asset Recovery?

Before contacting a debt collector, 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 Quality Asset Recovery is to work with a credit repair professional. They help remove millions of negative items every year from companies like Quality Asset Recovery, LLC on behalf of their clients.

Will Quality Asset Recovery sue me or garnish my wages?

Quality Asset Recovery does have the legal authority to sue you over an unpaid debt. If they choose to file a lawsuit and the court rules in their favor, they might have the ability to garnish your wages. they may also be able to levy your bank account or take other action to recover the debt, depending on the laws of your state.

However, it’s important to understand that filing a lawsuit is often considered a last resort for debt collectors. This process is complex, time-consuming, and costly, which means that many agencies would prefer to negotiate a payment plan or settle the debt outside of court.

Quality Asset Recovery, 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 Quality Asset Recovery, LLC

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 Quality Asset Recovery 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.
• Quality Asset Recovery cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
• Quality Asset Recovery 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.
• Quality Asset Recovery cannot threaten to have you arrested or imprisoned for unpaid debts.

Remove Quality Asset Recovery From Your Credit Report Today!

Credit Saint can help you dispute Quality Asset Recovery collection accounts. With over 15 years of experience, they have a proven track record of removing incorrect entries for many clients.

If you’re tired of dealing with debt collectors and want to improve your credit, consider working with a trusted credit repair company.

They have helped many people in your situation. Fill out the form on their website or call (855) 281-1510 for a free credit consultation to see what they can do for you.