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Debt Collections » Directory » Minnesota » Edina » Financial Recovery Services, Inc. (FRS)

Financial Recovery Services, Inc. (FRS)

Financial Recovery Services, Inc. (FRS)

4640 W 77th St Ste 300
Edina, MN 55435-4906

Financial Recovery Services, Inc. (FRS)

Financial Recovery Services, Inc. (FRS) is an Minnesota collection agency. Minnesota collection agencies can help businesses, medical practices and facilities that are creditors to collect their accounts receivable. Debt collection help might include; collection demand letters, debt collector phone calls, credit reporting to credit bureaus and legal proceedings including lawsuits.

As with any business, if you are considering hiring Financial Recovery Services, Inc. (FRS) to collect your debts, you should contact their local Better Business Bureau and check their references.

You should be certain that Financial Recovery Services, Inc. (FRS) is abiding by the Fair Debt Collection Practices Act (FDCPA), the main law that regulates collection agencies. You don’t want to damage your reputation or create a liability for you business by using a disreputable debt collector.

Financial Recovery Services, Inc. (FRS)

You might also want to find out if the Minnesota Attorney General has taken any action against them for privacy violations or not abiding by collection agency regulations. You should also know that they are in compliance with all Minnesota collections laws including (but not limited to):

 

  • Minnesota Collection Agency Bond & Licensing Rules
  • Minnesota Statute Of Limitations
  • Minnesota Interest Rates (to avoid usury)
  • Minnesota Wage Garnishment Exemptions
  • Minnesota Bad Check Laws (NSF)

Financial Recovery Services, Inc. (FRS)

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Comments

  1. raphanisch van says

    Secured credit is typically only required when you are trying to rebuild your credit. It requires some type of collateral that you would have to deposit or put up to be able to charge.

    Unsecured credit is much more common, in which there is no collateral to back up your charges.

    Both types would to the credit bureaus. If your cards are going unpaid, perhaps you should consider a debit card, instead of credit. Credit cards are one of the easiest ways to get into financial trouble.