Who is Recovery Management Solutions?
Recovery Management Solutions, LLC (RMS) is a debt collection agency, based in Cheektowaga, New York. They are a part of the receivables management industry, providing services to clients who are trying to recover funds from individuals who have defaulted on their payments.
If you notice their name on your credit report as a collections account, it usually indicates that you have an unpaid debt that has been passed on or sold to them by the original lender.
Who does Recovery Management Solutions collect for?
Recovery Management Solutions is particularly focused on the higher education sector. They primarily collect student loan debts, which can include unpaid tuition, fees, and loans associated with attending a college or university.
Is Recovery Management Solutions legit or a scam?
Recovery Management 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 Recovery Management Solutions from my credit report?
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.)
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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.
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Recovery Management Solutions, LLC Contact Information
Recovery Management Solutions LLC
485 Cayuga Rd. Ste 402
Cheektowaga, NY 14225
Phone number: (888) 906-2259
Should I contact or pay Recovery Management Solutions, LLC?
It’s best to avoid speaking to a debt collector 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 a collection agency is to work with a credit repair professional. They help remove millions of negative items every year from companies like RMS on behalf of their clients.
Will Recovery Management Solutions, LLC sue me or garnish my wages?
Recovery Management Solutions, LLC has the legal right to take a variety of actions to recover unpaid debts. If you fail to resolve the debt or set up a payment plan, the company could potentially choose to sue you for the amount owed.
If the company sues you and the court issues a judgment against you, they may then be able to garnish your wages or levy your bank account, depending on the laws in your specific state.
Recovery Management Solutions, 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 Recovery Management Solutions, LLC
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, 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 Recovery Management 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. By law, they have 30 days to prove to you that the debt is really yours and the total amount is accurate.
- Recovery Management Solutions may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
- Recovery Management Solutions 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.
- Recovery Management Solutions cannot threaten to have you arrested or imprisoned over unpaid debts.
Remove Recovery Management Solutions From Your Credit Report Today!
Credit Saint can assist you in disputing Recovery Management Solutions 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.
Ready to Repair Your Credit?
Learn how to get help disputing errors on your credit report that could be hurting your credit score.
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