Dena Standley | October 28, 2022
Summary: Pendrick Capital Partners is a debt collection agency that specializes in purchasing old medical debt and using any means to get consumers, like you, to pay it off. If you are being sued by Pendrick Capital Partners, you must respond within your state’s deadline or you’ll automatically lose. SoloSuit can help you draft and file an Answer in minutes and increase your chances of beating Pendrick Capital in court.
Is Pendrick Capital Partners, a third-party collection agency harassing you? You may be surprised to learn that your debt was purchased for approximately three to seven cents per dollar, or in other words, 3-7% of the original debt amount. It is possible that the collection agency does not have the documentation to prove your debt is current and valid.
Third-party collection agencies, like Pendrick Capital Partners Collection, often have difficulty proving the debt they are collecting belongs to their employers (credit sellers). Besides, even though they don't bring up the subject, most collection agencies will gladly negotiate debt settlements for less than the original amount owed, because they’ll still make a profit.
Do you know you can avoid judgments and wage garnishments? The Pendrick Capital Partners Collection team has no right to demand payments without your consent. Below, we explain everything you should know about Pendrick Capital Partners and tips on how to beat the company in court.
Healthcare debt is one of the largest markets for Pendrick Capital Partners. Over the last decade, healthcare providers have increasingly been selling aged accounts receivable. With more than $16 billion in face value, Pendrick Capital Partners has acquired over 55 million accounts since 2010. The portfolios represent accounts at emergency rooms, ambulance companies, and hospitals.
Below is Pendrick Capital Partners’ phone number, address, and other contact information:
Pendrick Capital Partner LLC
2331 Mill Rd Ste 510
Alexandria, VA 22314-4687
If you feel frustrated with Pendrick Capital Partners, take comfort in the fact that you’re not alone.
As of 2022, Pendrick Capital Partners has a rating of 1 out of 5 stars on its BBB profile. Similarly, more than 120 consumer complaints have been filed to the BBB against Pendrick Capital. The Better Business Bureau (BBB) has received 121 complaints in the last few years. For the most complaints among all financial companies, they ranked 184.
Here is an example of a recent complaint from Pendrick Capital’s BBB profile (edited for clarity):
“This business buys debt from hospitals, obviously, and sells it to debt collectors over and over for years (we know this). However, Pendrick keeps selling my hospital bills that are years old to a new debt collector, even though I have a 6 month pay agreement with Phoenix Financial. None of the main creditors refuse to remove this false information, even though they have 30 days to do so. Pretty sure what they are doing is ILLEGAL.”
Pendrick Capital Partners insists you owe them money. How do you respond? The good news is that facing these claims can be less painful than you think.
In some cases, Pendrick Capital Partners' actions may violate the Fair Debt Collection Practices Act (FDCPA). As part of the Fair Debt Collection Practices Act (FDCPA), debt collectors must limit their actions when collecting debts on behalf of another party.
In addition to limiting the number of times and how collectors can contact debtors, the law limits how collection agencies can reach debtors. For example:
On November 20, 2021, the Consumer Financial Protection Bureau's (CFPB's) Regulation F took effect. The regulations clarify and expand on FDCPA debt collector requirements. Regulators made several changes, including:
Knowing Pendrick Capital Partners are responsible for verifying you owe the debt can help you beat them; they usually capitalize on fear, inexperience, and desperation. By sending a Debt Validation Letter, you affirm your rights under the Fair Debt Collection Practices Act (FDCPA).
The letter requires Pendrick Capital Partners to provide proof of your debt, forbids contact with you for any other reason, and demands they report the debt as disputable. Once they receive a Debt Validation Letter, many debt collectors will give up.
Pendrick Capital Partners, like most debt collectors, may lack the evidence necessary to support their legal claims.
Watch this video to learn more about how sending a Debt Validation Letter can help you:
If Pendrick Capital Partners is suing you, don't wait too long to prepare your Answer. You have to respond before your state’s deadline, or you’ll lose automatically. When sued, you should receive a Summons and Complaint in the mail. The Summons notifies you of the lawsuit, while the Complaint lists the specific claims against you.
Many people don't know how to deal with debt collectors, and Pendrick Capital Partners takes advantage of this fact. Their strategy relies on going to court and being uncontested. Most people miss the deadline to respond to a lawsuit, which is up to 35 days, depending on where you live.
Follow these three steps to prepare your written Answer to a Pendrick Capital lawsuit:
Now, let’s explore each step a little further. If you don’t like reading, check out this video that outlines the three steps to respond to a debt collection lawsuit against Pendrick Capital Partners:
In the lawsuit you receive, you'll see a Complaint document that lists all of Pendrick Capital's allegations against you. The law requires you to answer to each these claims, individually, with one of these three responses:
To avoid destroying all your chances of receiving a favorable judgment, do not admit to all the claims. Rather, deny some claims so Pendrick Capital can have the burden of proving their case. Some collectors withdraw the lawsuit due to a lack of evidence or ask you to settle at a lower amount.
Defenses are reasons why the plaintiff, in this case Pendrick Capital, should lose the case. The defense to a debt collection lawsuit is that the plaintiff failed to prove their case or that you do not owe the debt.
Defending your case with an affirmative defense will require proving it before a judge. Presenting a strong affirmative defense may help you prove that you owe the plaintiff less than what is claimed in the Complaint or that you owe nothing at all.
The statute of limitations is one of the most common affirmative defenses used in debt collection lawsuits. This is the time limit that a creditor or debt collector has to sue someone for a debt, starting on the date of the last activity on the debt account. The average statute on debt is between three and six years, but laws vary from state to state. If there has been no activity on the account within the specified timeframe, Pendrick Capital Partners cannot sue you.
However, payments on the debt can restart the clock. Remember that defense will only work if you file your Answer in time.
Let’s take a look at an example.
Example: Gary is being sued for an old medical debt by Pendrick Capital Partners in Texas. After doing some research, Gary finds out that the statute of limitations on medical debt is four years in Texas. Since Gary hasn’t taken any action on the debt account in over four years, Pendrick Capital Partners has no right to sue. Gary uses SoloSuit to draft and file an Answer to the lawsuit. In his Answer document, Gary uses the expired statute of limitations as an affirmative defense, which ends up resulting in a dismissal of the case.
Filing the Answer is the most crucial step because your efforts to explain your defenses will be in vain if it doesn't get to the courts in time. Use the following steps to send you the Answer:
Solosuit can save you the headache of going through this process by filing the Answer document for you once you choose to use our services. Start the filing process with us.
Most people will face financial difficulties at one point or another. You may not have the money to pay off your debts as they continue to accumulate. But debt settlements can often be arranged with creditors or debt collectors in these situations. Using the Solosuit Debt Lawsuit Settlement Letter, it is possible to resolve the lawsuit for a lesser amount than the original debt.
With SoloSuit, you can quickly and efficiently respond to debt collection lawsuits. SoloSuit guides you step-by-step to complete your Answer. If you have completed the forms, you can print them out and mail them to the courts or pay SoloSuit to give an attorney to review and file them for you.
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.
"First time getting sued by a debt collector and I was searching all over YouTube and ran across SoloSuit, so I decided to buy their services with their attorney reviewed documentation which cost extra but it was well worth it! SoloSuit sent the documentation to the parties and to the court which saved me time from having to go to court and in a few weeks the case got dismissed!" – James
You can ask your questions on the SoloSuit forum and the community will help you out. Whether you need help now or are just looking for support, we're here 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.
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.