Start My Answer

How to Resolve a Debt with Executive Credit Management

Sarah Edwards | October 27, 2023

Edited by Hannah Locklear

Summary: Is Executive Credit Management putting a crimp in your style with debt collection notices? You can resolve your debt with Executive Credit Management when you request a debt validation, respond to a debt lawsuit, or settle your debt before your court date. SoloSuit can help with each of these actions and more.

It’s a beautiful day. Birds are singing, the weather is warm, and you have a beach afternoon planned, complete with a lounge chair and a new paperback to read. You stop by your mailbox, expecting your most recent Amazon order, and find… a debt collection notice from Executive Credit Management (cue the horror movie music).

Receiving a debt collection notice is enough to ruin anyone’s day. Fortunately, it’s possible to resolve the problem by following a few simple steps.

Resolve your debt through debt settlement.

Settle with SoloSettle

Make an Offer

What is Executive Credit Management?

Executive Credit Management is a full-service debt collection and employee screening company that operates out of New Jersey. According to the company’s websites (yes, it has more than one), it has more than twenty years of experience in debt collection practices.

The original website for Executive Credit Management has an aptly named URL of, which is sure to please any consumer who stops by. It’s primarily geared toward industry clients and provides an array of debt collection services to choose from.

The company’s other website has a more professional address — However, some of the content is in Latin, which suggests it’s still under construction and not fully operational.

Executive Credit Management reviews

The Better Business Bureau (BBB) has a current profile for Executive Credit Management, but the company is not accredited by the BBB. Its current rating is an F. The Consumer Financial Protection Bureau has received dozens of complaints against Executive Credit Management, most of which comment on being contacted for a debt that is invalid, fraudulent, or has already been paid.

Executive Credit Management debt collection process

Here’s the debt collection process that Executive Credit Management collectors typically follow, as outlined on the agency’s website:

  1. They send you a first letter with a copy of your bill.
  2. They call to ask when and how much you will pay.
  3. They make several follow-up calls if you don’t make the payments as agreed.
  4. They send a letter to warn you about reporting to the Credit Bureaus.
  5. They call with a warning to pay by phone or fax to avoid a Credit Bureau report.
  6. They send a notice when they have reported your debt to the Credit Bureaus.
  7. They make a final call to warn you about taking legal action if the debt is not paid.
  8. They send you a written confirmation of the legal action warning.
  9. They send the case to a lawyer.

There are ways to intercept this process and stop Executive Credit Management from further collections actions, especially if any aspect of your debt is invalid. For example, one of the best ways to respond to the initial contact from Executive Credit Management is by requesting debt validation.

What to do if you receive a collection notice from Executive Credit Management

If you receive a debt collection notice from Executive Credit Management, don’t freak out. Keep your cool and read over the message carefully. Remember that the Fair Debt Collection Practices Act (FDCPA) provides specific rights to consumers, including a grace period for debt validation.

Under the FDCPA, collection agencies can’t report negative information about consumers for 30 days after sending their first collection letter. During that period, recipients can dispute the obligation and request validation. Before continuing collection efforts, the agency must supply the customer with the necessary details.

To start the validation process, send Executive Credit Management a letter that requests the following information:

  • The name of the original creditor.
  • The amount owed, including any interest or other fees.
  • A copy of the contract between you and the original creditor.
  • The age of your debt.
  • The last transaction made on your account.
  • Executive Credit Management’s debt collection license number in your state.

Once Executive Credit Management receives your letter, it must stop contacting you until it provides the requested information. You might never hear back, which probably means that the agency didn’t have enough details to substantiate your debt.

Here is the Executive Credit Management address where you can send a Debt Validation Letter, along with the company’s other contact information:

  • Address: 4 Waterloo Road, Stanhope, New Jersey 07874
  • Phone: 800-355-4020
  • Email:

What should I do if Executive Credit Management is suing me?

In a worst-case scenario, Executive Credit Management may sue you for the money owed. Collection agencies usually only do that if the statute of limitations is coming up and you haven’t made any arrangements to pay the obligation.

A debt lawsuit isn’t something you want to ignore. If you do, and Executive Credit Management wins the case, it will obtain a judgment against you. It can use the judgment to garnish your wages or even take money from your bank account.

Luckily, you can respond to a debt lawsuit against Executive Credit Management, stand up for your rights, and prevent a judgment. To respond, you must draft and file an Answer to the Summons and Complaint.

When you get sued for debt, the case is considered a civil lawsuit. These types of lawsuits typically start when the debt collector or creditor files a Summons and Complaint in your local court. These are court documents that notify you of the case and outline the claims against you. Respond to a Summons and Complaint for debt with an Answer document where you address each claim against you and stand up for your rights by asserting your affirmative defenses.

Filing an Answer can help you fight off a fraudulent claim. If the claim is legitimate, and you actually owe the debt, filing an Answer will buy you time to work out a debt settlement plan to clear your name of the debt for good.

Draft and file your Answer in minutes online.

Settle your debt with Executive Credit Management

After filing your Answer, you have a few options to resolve your debt with Executive Credit Management. You can either repay the debt or attempt to settle your account.

Repaying the debt requires you to pay all the money you owe before your court date. Once Executive Credit Management receives the funds, it will drop the case against you, and you won’t hear from it again. However, paying off your debt might mean that you must also pay attorney costs, court fees, and interest. So, you might end up paying hundreds more than you originally owed.

Luckily, repaying the debt isn't your only option, especially if you don’t have all the money available to pay off your debt immediately. If you find yourself in this situation, you can try debt settlement instead.

In a debt settlement, you offer Executive Credit Management a lump-sum payment equal to part of the total amount due. For instance, you might propose to pay 60% of the bill in exchange for dropping the claim and closing your account. If the company agrees to the settlement, you’ll make your payment. Once Executive Credit Management receives your cash, it will drop the case.

Let’s consider an example.

Example: Tony the Tiger racked up a $1,000 bill on his credit card by buying his favorite cereals, Frosted Flakes and Lucky Charms. Unfortunately, he lost his job as a cereal spokesman, and he couldn’t pay his bill. The creditor sold his account to Executive Credit Management, which is now suing poor Tony. Tony doesn’t want a judgment, so he uses SoloSuit to respond to the lawsuit to buy himself time to work out a debt settlement. Next, he sells a few of his prized plastic cereal toys for some quick cash. He has enough to offer Executive Credit Management a $600 settlement, which it accepts. After sending the money, the company drops the case against him.

In our example, Tony deftly avoided a court judgment. He also saved a little money and won’t need to worry about Executive Credit Management contacting him anymore.

Not sure where to start to negotiate a debt settlement? SoloSettle, powered by SoloSuit, is a tech-based approach to debt settlement. Our software helps you send and receive settlement offers until you reach an agreement with the collector. Once an agreement is reached, we’ll help you manage the settlement documentation and transfer your payment to the creditor or debt collector, helping you keep your financial information private and secure.

To learn more about how to settle your debt with Executive Credit Management, check out this video:

Executive Credit Management can mess with your credit score

It’s best not to ignore debt collectors like Executive Credit Management, no matter how annoying they may be. They won’t go away; instead, they could get nastier and decide to sue you.

To resolve your problems, ask Executive Credit Management to validate the debt. If it sends you the necessary information, you can repay or attempt to settle your obligation. But if you don’t do anything, you’ll continue to see adverse marks on your credit report.

Is Executive Credit Management suing you for debt? Don’t let them win — use SoloSettle to settle your debt fast!

What is SoloSuit?

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.

>>Read the FastCompany article: Debt Lawsuits Are Complicated: This Website Makes Them Simpler To Navigate

>>Read the NPR story on SoloSuit. (We can help you in all 50 states.)

How to Answer a Summons for debt collection in all 50 states

Here's a list of guides on how to respond to a debt collection lawsuit in each state:

The Ultimate 50 State Guide

Guides on how to resolve debt with every debt collector

Are you being sued by a debt collector? We’re making guides on how to resolve debt with each one.

Resolve your debt with your creditor

Some creditors, banks, and lenders have an internal collections department. If they come after you for a debt, Solosuit can still help you respond and resolve the debt. Here’s a list of guides on how to resolve debt with different creditors.

Get debt relief in your state

We’ve created a specialized guide on how to find debt relief in all 50 states, complete with steps to take to find relief, state-specific resources, and more.

Debt collection laws in all 50 states

Debt collection laws vary by state, so we have compiled a guide to each state’s debt collection laws to make it easier for you to stand up for your rights—no matter where you live.

Check the status of your court case

Don’t have time to go to your local courthouse to check the status of your case? We’ve created a guide on how to check the status of your case in every state, complete with online search tools and court directories.

How to stop wage garnishment in your state

Forgot to respond to your debt lawsuit? The judge may have ordered a default judgment against you, and with a default judgment, debt collectors can garnish your wages. Here are our guides on how to stop wage garnishment in all 50 states.

How to settle a debt in your state

Debt settlement is one of the most effective ways to resolve a debt and save money. We’ve created a guide on how to settle your debt in all 50 states. Find out how to settle in your state with a simple click and explore other debt settlement resources below.

How to settle with every debt collector

Not sure how to negotiate a debt settlement with a debt collector? We are creating guides to help you know how to start the settlement conversation and increase your chances of coming to an agreement with every debt collector.

Other debt settlement resources

Personal loan and debt relief reviews

We give a factual review of the following debt consolidation, debt settlement, and loan organizations and companies to help you make an informed decision before you take on a debt.

Guides on arbitration

If the thought of going to court stresses you out, you’re not alone. Many Americans who are sued for credit card debt utilize a Motion to Compel Arbitration to push their case out of court and into arbitration.

Below are some resources on how to use an arbitration clause to your advantage and win a debt lawsuit.

Stop calls from debt collectors

Do you keep getting calls from an unknown number, only to realize that it’s a debt collector on the other line? If you’ve been called by any of the following numbers, chances are you have collectors coming after you, and we’ll tell you how to stop them.

Civil law legal definitions

You can represent yourself in court. Save yourself the time and cost of finding an attorney, and use the following resources to understand legal definitions better and how they may apply to your case.

Get answers to these FAQs on debt collection

How-to debt guides

Learn more with these additional debt resources

Not sued yet?

Use our Debt Validation Letter.

Out Debt Validation Letter is the best way to respond to a collection letter. Many debt collectors will simply give up after receiving it.

Let's Do It

It only takes 15 minutes.

And 50% of our customers' cases have been dismissed in the past.

"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

Get Started