Dena Standley | November 22, 2022
Summary: American Profit Recovery is a nationwide debt collection agency that has one goal: get consumers to pay off debts. You can fight off American Profit Recovery debt collectors by sending a Debt Validation Letter, forcing them to prove the debt is valid before further contact. If you’ve been sued for a debt, use SoloSuit to respond in minutes.
Can a regular consumer like you go up against a big debt collector like American Profit Recovery? Absolutely. SoloSuit is the only weapon you need.
American Profit Recovery (APR) aims to help its clients recover money from defaulted accounts. While their mission is simple—help creditors improve cash flow by getting invoices paid—it's not unusual for debt collectors to get aggressive.
For consumers, though, dealing with persistent debt collection calls, the threat of a lawsuit, and damaged credit can seem like the perfect storm. But you can emerge victorious if you know your rights and take timely steps to protect yourself.
To do so, you need to answer these questions: Who is American Profit Recovery? What should you do when they contact you? What if American Profit Recovery sues you?
In this article, we’ll answer all of these questions and more. By the end, you should feel empowered to take on American Profit Recovery in court and win.
American Profit Recovery is not a scam. It's a legitimate, nationwide third-party debt collector with offices in Michigan, Massachusetts, and North Carolina.
Unlike many debt collection agencies, the Better Business Bureau highly regards American Profit Recovery. So far, it has a 100% response rate on its BBB profile. And although the company is not BBB accredited, it has an A+ rating.
However, consumer reviews paint a different story at just 1 out of 5 stars.
American Profit Recovery has been incorporated and in business since October 2003. It collects for various industries, including medical bills, landscaping debts, funeral homes, schools, and financial institutions.
Below is American Profit Recovery’s contact information:
31 Hayward St Suite 2A-213
Franklin, MA 02038-2169
34505 W. 12 Mile Rd., Suite 333
Farmington Hills, MI 48331
Or visit their website.
As of 2022, American Profit Recovery has fewer complaints on its BBB profile than most other debt collection agencies. They have only received 9 complaints in the last three years. However, the Consumer Financial Protection Bureau has reported 136 complaints against APR in the last ten years.
The negative reviews are related to questionable debt collection methods and reporting to the three major consumer reporting bureaus. Here's an example of a real consumer complaint from the CFPB database:
“I disputed the account and asked that they validate this account, and they failed to respond to the action. The law states they have 30 days to do so if not or over the 30 days this account must be removed from the credit file and in this case, they fail to respond to the matter. It has been over 30 days with no response, and I did not open or authorize this account, and I therefore request that it be closed immediately. By the federal law requirement this account must be removed because you do not have proof or any evidence to support this matter and failure to respond.”
This particular complaint shows that American Profit Recovery doesn't always play by the rules. In fact, this is an example of a violation of the Fair Debt Collection Practices Act (FDCPA).
Accounts can change hands before reaching American Profit Recovery. In the process, valuable information may be lost, and you can use missing or lost information to your benefit. It's possible to have a debt collector asking you to pay more than you owe or collecting on a fully paid account.
So, when a debt collector contacts you, you should ensure that their records are accurate.
A Debt Validation Letter can help you get the details you need. The burden of proof is on APR. They should provide a complete account history, including the contracts you signed. If APR fails to prove that they legally own the account, and that the debt amount is factual, they will be forced to stop their collection efforts.
Follow these steps to create a valid Debt Validation Letter.
SoloSuit's Debt Validation Letter is one of the most powerful tools you can use to fight off debt collectors. It references the FDCPA informing the debt collector that you know your rights. Many debt collectors will give up when they receive the letter.
Now, let’s consider an example.
Example: Anna got the assistance she needed when a debt collector repeatedly contacted her. Tired of the calls and emails, she decided to find help. She found SoloSuit’s website while desperately searching for answers online. With no idea what to do, she went to her search engine and typed what seemed closest to her concern - "Respond to a collection letter." It was just what she needed. After creating an account with SoloSuit and answering the simple questions, she was surprised to see that her Debt Validation Letter was ready. All she needed to do was to mail it to the collection agency. She did. She soon learned that the debt collector would stop contacting her because they could not prove that the debt belonged to her. The debt had changed hands so much that the debt collector could not track the original contract she allegedly signed. Anna felt relieved and happy to have her life back, thanks to SoloSuit.
The law allows debt collectors to file lawsuits in an attempt to recover a debt. If American Profit Recovery believes you can pay your debts but are refusing, they may file a lawsuit. Fortunately, suing consumers is not something APR often does.
If any debt collector sues you, remember to send a legal response to the Summons and Complaint. You cannot afford to ignore the lawsuit, hoping it will disappear.
Debt collection lawsuits allow you between 14 and 35 days to respond, depending on where you live. If you fail to respond before your state’s deadline the court could issue a default judgment in favor of American Profit Recovery—meaning you lose the case automatically..
Armed with a judgment, a debt collector can obtain permission to garnish your wages, place liens on your property, or freeze your bank accounts. All this could be disastrous to your financial wellbeing.
On the other hand, correctly filing the Answer allows you to present your case. Sometimes debt collectors withdraw a lawsuit simply because you responded in time, contrary to their hopes.
You can create an Answer in three easy steps with SoloSuit.
Learn more about these three steps in this video:
Here's what you need to do to beat American Profit Recovery:
SoloSuit is your helping hand when you feel intimidated by aggressive debt collectors.
SoloSuit makes it easy to fight debt collectors.
You can use SoloSuit to respond to a debt lawsuit, to send letters to collectors, and even to settle a debt.
SoloSuit's Answer service is a step-by-step web-app that asks you all the necessary questions to complete your Answer. Upon completion, we'll have an attorney review your document and we'll file it for you.
Here's a list of guides for other states.
Being sued by a different debt collector? Were making guides on how to beat each one.
You can ask your questions on the SoloSuit forum and the community will help you out. Whether you need help now are are just look for support, we're here for you.
Is your credit card company suing you? Learn how you can beat each one.
Need more info on statutes of limitations? Read our 50-state guide.
Need help managing your finances? Check out these resources.
Out Debt Validation Letter is the best way to respond to a collection letter. Many debt collectors will simply give up after receiving it.
"Finding yourself on the wrong side of the law unexpectedly is kinda scary. I started researching on YouTube and found SoloSuit's channel. The videos were so helpful, easy to understand and encouraging. When I reached out to SoloSuit they were on it. Very professional, impeccably prompt. Thanks for the service!" - Heather