The biggest debt collection agencies include Transworld Systems, Midland Funding (aka Midland Credit Management), LVNV Funding, Portfolio Recovery Associates, and Nationwide Recovery. These collection companies control the vast majority of past-due accounts for everything from credit card debts, medical debts, personal loans, and repossessed vehicle debts. They often operate through subsidiaries, such as Resurgent Capital. Debt collection agencies often purchase accounts for pennies on the dollar and then try to collect the full amount.

Debt collection agencies have to comply with government regulations such as the fair debt collection practices act to protect consumers. Thousands of debt collection letters and lawsuits are filed every month. The high volume of this activity can lead to collection agencies making mistakes or violating applicable laws. These violations can lead to a denial of the debt or a separate recovery for the consumer for each violation.

If are you facing harassment, dunning letters, or even a lawsuit or a garnishment from a debt collector, please give our office a call at 706.226.5425. We can assist you in fighting the lawsuit or if there is a bigger financial problem we can help you get a fresh start through a chapter 7 or a chapter 13 bankruptcy case.