United Recovery Systems is a debt collection agency. They specialize in credit card charge off accounts. They also collect on retail debt, commercial debt, and defaulted loans. United Recovery Systems LP is headquartered in Houston, Texas. According to their website, they employ over 1,000 collection agents.
United Recovery Systems
5800 North Course Drive
Houston, Texas 77072
Phone number: 1-800-568-0399
Steps Before You Pay United Recovery Systems
1. Request Debt Validation
When you request United Recovery Systems validate your debt. It is going to place the burden of proof on them. They will be required to provide you with documentation that they have: purchased your debt account from the original lender or have been assigned your account, and have the legal collection rights to collect on your account.
Frequently collection agencies will not comply with debt validation requests. If this happens you are no longer responsible for paying off debt in collections. And United Recovery Systems should contact the credit bureaus and have them remove bad credit from your credit reports.
2. How Old Is Your Debt Account?
There is a statute of limitations on all consumer debts, with the exceptions of federal tax debts and federal student loans. If your account is older than the statute of limitations. It could make more financial sense to just wait and not pay.
According to the Fair Credit Reporting Act (FCRA), a federal law passed by Congress. Any negative item on your credit report is only allowed to be on your credit report for a maximum amount of time. Typically seven years and then the bad credit item is required to be removed from your credit report, by law.
3. File A Dispute With The Credit Bureaus
If you are disputing credit report items directly with the credit bureaus you will need to file your dispute by mail, online, or over the phone. We urge you to file your dispute using certified U.S. mail. This will provide you evidence that you sent your dispute and the credit bureaus received it.
When the credit bureaus investigate the item they will contact United Recovery Systems and ask them to verify the account information. This includes: the total balance on the debt, the dates of last activity on the account, and any other relevant information. Often credit bureau investigations result in a clean credit report.
This is because many collection agencies and creditors will not spend the time to verify your account information. If United Recovery Systems or another lender does not verify a credit bureau investigation. Then the credit bureaus are required to remove that bad credit item from your credit report.
4. Negotiate A Settlement Payment
If your debt is valid and within the statute of limitations time window, then you should negotiate a settlement payment. You should always negotiate to pay less than the total debt. This is because the balance is usually inflated with default interest rates and late fees.
And don’t forget, in exchange for your payment you must get United Recovery Systems to agree that they will stop reporting your account information to the credit bureaus. This way after you make your settlement payment to United Recovery Systems you can get the bad credit information removed from your credit reports.
You can then dispute the credit bureaus directly. And when the bureaus contact United Recovery to verify your account. United Recovery will not verify your account because of your settlement agreement. However, you should use caution when dealing with debt collectors and especially United Recovery Systems.
The Federal Trade Commission (FTC) fined United Recovery Systems LP $240,000 for violating the Fair Debt Collection Practices Act (FDCPA). According to the FTC press release, United Recovery Systems was communicating at improper times and places with consumers.
Also using deceptive practices in an attempt to collect payment on consumer accounts, and harassing and abusing consumers. According to the FTC press release, they were threatening English and Spanish-speaking consumers with arrest and imprisonment, if they didn’t pay.
And it gets worse because United Recovery Systems was also allegedly discussing your debt with your employer, coworkers, and family members. If you are a victim of this type of illegal behavior, we urge you to report them to the authorities.
In sum, your credit score is just like your Grade Point Average (GPA) in school days past. It matters not if you’re acing all your classes, if you’re failing underwater basket weaving, because this one negative mark is going to obliterate your overall GPA.
This is also true of your credit score. FICO is very clear and open about this. And this is why it’s so essential to clear credit file dings, blemishes, and remove negative credit report items. We encourage our members to consider professional credit repair companies to help.
Because in 2016 alone, over 9 million negative items were removed from consumer’s credit reports. One of the best firms is The Credit Pros. They’ve helped client’s successfully remove collections, late payments, charge offs, judgements, liens, and many more negative credit report items.
Get a free credit consultation with a certified FICO professional by calling toll-free 1-877-418-7596. And for more tips, techniques, and strategies about how to fix your credit with Dan Willis, sign up for our free newsletter and join our congregation.
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