Receivables Management Systems

Who is Receivables Management Systems?

Receivables Management Systems (RMS) is a third-party debt collection agency based in North Chesterfield, Virginia. As part of their business operations, they are tasked with managing and recovering overdue debts on behalf of various clients.

If you have an unpaid bill or other financial obligation, RMS might appear on your credit report as a collection account.

Who does Receivables Management Systems collect for?

RMS offers a wide range of collection services catering to different sectors. They specialize in consumer, commercial, and medical debt collection. This means they may collect debts on behalf of businesses from consumers who have unpaid credit card bills, loans, or other financial liabilities.

Commercial debts might involve unpaid invoices or business-to-business financial obligations. Furthermore, they also manage medical debt collection, which could involve debts originating from unpaid hospital bills, medical procedures, or health insurance liabilities.

Is Receivables Management Systems legit or a scam?

Receivables Management Systems is a legitimate company. They are authorized to collect debts on behalf of their clients. However, when contacted by RMS or any other debt collection agency, it is always advisable to verify the claimed debts before proceeding with any payments.

How can I remove Receivables Management Systems from my credit report?

Receivables Management Systems 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.)

Professional credit repair services work with people who want to get their credit back on track.

In addition to collections, they can help 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.

Receivables Management Systems (RMS) Contact Information

Address:

Receivables Management Systems
1807 Huguenot Rd
Midlothian, VA 23113

Phone number: (800) 241-1611 or (804) 353-9300

Should I contact or pay Receivables Management Systems?

Before contacting a debt collector, verify that the debt is legitimate and accurately reported. Sometimes, credit reports contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock. As a result, it could harm your credit rather than improve it.

The most effective way to deal with Receivables Management Systems is to work with a credit repair professional. They help remove millions of negative items every year from companies like Receivables Management Systems on behalf of their clients.

Will Receivables Management Systems sue me or garnish my wages?

Receivables Management Systems (RMS) is entitled to sue a debtor for unpaid debts. If they win the lawsuit, and a judgment is issued in their favor, they may have the ability to garnish your wages, put a lien on your property, or levy your bank account, depending on the laws in your state.

However, it’s important to note that these types of actions are usually last resorts. Most collection agencies, including RMS, prefer to work out a payment plan with debtors to avoid the time and costs associated with court proceedings.

Receivables Management Systems 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 you find yourself facing any of these situations with Receivables Management Systems, you should also 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 Receivables Management Systems

Debt collectors must abide by state and federal laws in the United States. For example, the Fair Debt Collection Practices Act prohibits a collection agency from using abusive, unfair, or deceptive practices. In addition, it 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 Receivables Management Systems to report inaccurate or incomplete information about you.
• You have a legal right to request debt validation on an alleged debt. Send Receivables Management Systems 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.
• Receivables Management Systems may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
• Receivables Management Systems 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.
• Receivables Management Systems cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove Receivables Management Systems From Your Credit Report Today!

Credit Saint can assist you in disputing Receivables Management Systems collection accounts. With years of experience at their disposal, these professionals have a proven track record of effectively removing incorrect entries for countless 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 give them a call at (855) 281-1510 for a free credit consultation to see what they can do for you.