Zwicker and Associates is a law firm that specializes in collecting unpaid debts. It is reported that they work with American Express to collect on defaulted credit card accounts. Along with many other creditors.
Zwicker and Associates is headquartered in Andover, Massachusetts. There are a number of consumer complaints about them being a determined, persistent, and harassing debt collector.
There are complaints from consumers claiming Zwicker has: made harassing phone calls to their place of employment, attempted to collect accounts that are too old, and using threats of legal action in the form of filing civil lawsuits.
In other words, there are claims that Zwicker and Associates ignore federal law. And will pursue collections on an account that is no longer valid, and consumers are not legally responsible for repaying.
Zwicker & Associates, P.C.
80 Minuteman Road,
Andover, MA 01810
Phone number: 1-800-370-2251
How To Deal With Zwicker And Associates
If you are currently being contacted by Zwicker and Associates regarding paying off debt in collections, you should first request that your debt is validated. This can be done by sending a validation of debt letter.
They will typically respond within 30 days by giving you evidence that they own your account, and the collection rights on your debt. We do want to caution you because there are allegations that Zwicker and Associates have ignored consumer debt validation requests. This is illegal!
If they ignore and do not respond to your request, you should immediately contact your Attorney General. It also is smart to speak with a professional credit repair company, because they can help you deal with Zwicker and Associates.
How To Remove Zwicker And Associates From Your Credit Reports
If Zwicker and Associates is reporting negative information to the credit bureaus about you. It is very important that you remove this information from your credit report. This negative credit information is damaging your credit rating.
You can dispute the credit bureaus and get them to investigate the information Zwicker and Associates, has reported about your debt. This can be done by disputing credit report items directly with each of the three major credit bureaus. You can do this by sending a dispute letter to each of the three credit bureaus.
How To Negotiate A Settlement Payment With Zwicker and Associates
Frequently, the total amount of your debt account will be much more than your original debt amount. This is a result of fees and interest rates being tacked on. Often, you can negotiate to pay less than the total amount due.
This is because Zwicker and Associates and other debt collectors will purchase the collection rights for your account, for a mere fraction of the balance. It is a fact that collection agencies have paid as little as $.03 for every dollar on a debt account.
For example, if Zwicker and Associates is contacting you to pay a $3,000 debt, they may have only paid $90 for the collection rights on that debt. This means that any amount of money you pay Zwicker over $90 would be profit for them.
Don’t forget, in exchange for your payment, you must get Zwicker to agree to stop reporting your account information to the credit bureaus. If you neglect to do this, after you settle your debt Zwicker and Associates will notify the credit bureaus and have the account information on your credit report changed to a paid collection. This is still a damaging item to have on your credit report.
Look, your credit score is much like your Grade Point Average (GPA) in school days past. It doesn’t matter if you’re acing all your classes, if you’re failing Gym class, because this one negative mark is going to obliterate your overall GPA.
This principle is also true of your credit score. FICO says this very clearly. And this is why it’s so important we clean up credit report dings, blemishes, and remove any negative items. We encourage our members to consider professional, legal, and effective credit repair services 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 to fix my credit with Dan Willis, sign up for our free newsletter and join our congregation.
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