Accounts Receivable Collection Agency, Rapid Recovery Solution, Responds to Report on Harassment by Debt Collectors

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A recent report by ABC News investigated a debt collection company that was accused of harassment. Accounts receivable collection agency Rapid Recovery Solution responds to the report, commenting on fair practices that should be used in the debt collection industry.

On March 1, accounts receivable collection company Rapid Recovery Solution responded to an investigative report from ABC News on recent accusations of harassment by a debt collection agency.

According to the report, several people are accusing a collection agency of attempting to collect debts from people that don’t owe money. Since debt collectors can put a “black mark” on your credit report, people are concerned that a case of mistaken identity (or possibly something worse) will lead to serious financial troubles.

“This is especially alarming in light of a recent report that shows once a mistake is made on your credit report, it is extremely difficult to get it removed,” says the article.

Angela Holland claims that the accounts receivable collection company Palisades Collection, LLC contacted her, claiming that she owed a debt to Verizon. Meanwhile, Holland said that she had never been a Verizon customer, and that she keeps track of her finances on a daily basis. She said that she tried to talk with the company, but got nowhere.

Another man, Frank Stack, is suing the collection agency, claiming that he received phone calls every single day from them to collect a debt that he says he paid over a decade ago, reports the article. Despite a court order for the company to cease contacting Stack, he continued to receive phone calls from the company for thirteen days. He is suing the company for violating the Fair Debt Collection Practices Act.

The company claims it never violated the act. The report added that the burden of proof is on the consumer, even if they never owed the debt in question.

John Monderine, CEO of Rapid Recovery Solutions, responds to the article, saying that most debt collection companies do not resort to harassment to collect money. “It is important to remember that debt collectors are just doing their job, and it makes the whole process easier for both the debtor and the collector if they can work together to resolve the debt,” says Monderine.

Monderine adds that people who claim to not owe any money yet are still being contacted by an accounts receivable collection agency should communicate this with the company and work to resolve the mistake. “No matter how much money you owe, no collection company has the legal right to harass you,” he says.

Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.

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