Collection Recovery Services, Inc.
29 Regency Plaza
Glen Mills, PA 00001-9342
Collection Recovery Services, Inc.
Collection Recovery Services, Inc. is an Pennsylvania collection agency. Pennsylvania 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 Collection Recovery Services, Inc. to collect your debts, you should contact their local Better Business Bureau and check their references.
You should be certain that Collection Recovery Services, Inc. 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.
You might also want to find out if the Pennsylvania 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 Pennsylvania collections laws including (but not limited to):
- Pennsylvania Collection Agency Bond & Licensing Rules
- Pennsylvania Statute Of Limitations
- Pennsylvania Interest Rates (to avoid usury)
- Pennsylvania Wage Garnishment Exemptions
- Pennsylvania Bad Check Laws (NSF)
Collection Recovery Services, Inc.
There is no statute of limitations, because reporting data to a credit bureau is never a crime. It's a civil matter.
But negative information can normally be reported on your credit report for 7.5 years, per federal regulations.