Updated by Attorney Derek DePetrillo on 09/11/24
Paramount Recovery Systems Phone Harassment?
Is Paramount Recovery Systems (PRS) calling you? Stop Paramount Recovery Systems phone harassment. Do they threaten to take legal action or garnish your wages? Are they calling you at all hours or several times a day? Are they telling your family and neighbors that you owe a debt? If so, what they are doing is illegal and needs to stop. You have the legal right to stop PRS phone harassment. If a collection agency violates the FDCPA, you may be eligible to receive up to $1000.00 in statutory damages, along with covering your attorney fees.
Is Paramount Recovery Systems a Scam?
According to the Better Business Bureau website, Paramount Recovery Systems has been in business since 2001. There have been 311 complaints closed in last 3 years and 148 complaints closed in last 12 months
Paramount Recovery Systems Better Business Bureau
Who are Paramount Recovery Systems?
Paramount Recovery Systems is third party debt collector located in Waco, Texas.
Address: 7524 Bosque Blvd Ste L
Waco, TX 76712-3772
Phone: (866) 250-7007
Alternate Business Name
- Paramount Recovery Systems, LP
Related Businesses
Legal Action Threats Under the FDCPA
Under the Fair Debt Collection Practices Act (FDCPA), “legal action” refers to any formal steps taken by a debt collector to pursue a debt through the legal system. This can include, but is not limited to, the following actions:
- Filing a Lawsuit: A debt collector initiates a civil lawsuit against the debtor to recover the amount owed. This is a common form of legal action used to collect debts.
- Obtaining a judgment: If the debt collector wins the lawsuit, they obtain a court judgment against the debtor. This judgment formally recognizes that the debtor owes the specified amount.
- Garnishing Wages: After obtaining a court judgment, a debt collector may seek a court order to garnish the debtor’s wages. This means that a portion of the debtor’s paycheck is directly diverted to the creditor to pay off the debt.
- Seizing Assets: A debt collector with a court judgment may seek a court order to seize the debtor’s assets, such as bank accounts, personal property, or real estate, to satisfy the debt.
- Placing a Lien on Property: With a court judgment, a debt collector can place a lien on the debtor’s property. This means that the debt must be paid before the property can be sold or refinanced.
- Issuing a Summons: A summons is a legal document issued to notify the debtor that they are being sued and must appear in court. It marks the beginning of a legal process.
Debt collectors must comply with the FDCPA when taking any legal action, ensuring that they do not engage in deceptive, unfair, or abusive practices. This includes providing accurate information about the debt, properly serving legal documents, and following all applicable state and federal laws related to debt collection and court proceedings.
Paramount Recovery Systems Phone Numbers
Are you receiving any harassing phone calls from any of the following numbers?
866-250-7007, 254-857-7007, 800-618-0374, (866) 250-7007, (254) 857-7007, (800) 618-0374, 8662507007, 2548577007, 8006180374, 661-249-4768, 877-262-0887
If the answer is yes, then you are receiving calls from a known PRS number. You may be a victim of PRS phone harassment. The list above is not all the numbers that PRS uses. The calls can be from a different number, and it still be Paramount Recovery Systems calling you. Contact our office right away so we can start the process to stop PRS from calling you illegally. Above all, no one should live with harassment!
Common Questions
Is PRS a scam? No, Paramount Recovery Systems has been in business for 17 years.
Can Paramount Recovery Systems garnish my wages? Yes, PRS can garnish your wages on a Federal Student loan or if they obtain a judgment from the courts.
Can PRS sue me? Yes, PRS can sue you so long as the debt is within the statute of limitations
Can PRS report my debt to the collection’s bureaus? Yes, Debt collectors are allowed to place the collection account on your credit report
Can PRS arrest me? Debt collectors don’t have the authority to have you arrested for a debt. However, if you violate a court order, e.g. an order to appear in court, the judge can issue a warrant for your arrest. Depending on the laws in your state, you may be arrested for certain debts like unpaid child support or traffic tickets.
About Us
Consumer Rights Law Firm, PLLC is a law firm that specializes in helping clients who are facing harassment from debt collectors in any form, including telephone communication. Rather than suffer alone, contact our office to begin the process to stop the Paramount Recovery Systems harassment. Our office has been assisting consumers since 2010. We have an A+ rating with the Better Business Bureau.
Consumer Rights Law Firm Better Business Bureau
If you are interested in learning more about how to safeguard yourself and prevent harassment from Paramount Recovery Systems call us at (877)700-5790 for immediate assistance or visit our website at consumerlawfirmcenter.com
Check out the links below for more information:
https://consumer.ftc.gov/articles/debt-collection-faqs
