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Debt Consolidation Forums Payday Loan help forums

Professional Recovery System

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Is this a collection agency for a payday loan? Anyone know?

No. I am on a mission! :lol:

Sub: #31 posted on Thu, 09/27/2007 - 20:30

cannr cannr

(Posts: 9317 | Credits: )

That makes 2 of us!!!

Sub: #32 posted on Thu, 09/27/2007 - 20:32

lmk3524 lmk3524

(Posts: 435 | Credits: )

Hi, had a question about stuff I was reading in here...if you sign something, doesn't that make it binding?

Sub: #33 posted on Tue, 10/30/2007 - 12:25

mlposting mlposting

(Posts: 29 | Credits: )

mlposting, what do you mean? Do you mean an electronic signature for a payday loan or something along those lines? Now, let me just point out here that if that's the case, the majority of these people are unlicensed/illegal. They are not even licensed to do business, so I don't consider it a "binding agreement" if they're illegal. This is just my opinion here. Also, if they are doing business in a state where the particular business is prohibited, that too would be considered an illegal transaction. Did that answer your question? I don't know if you were asking about pdls in general or just any kind of contract signed. :wink:

Sub: #34 posted on Tue, 10/30/2007 - 13:14

cannr cannr

(Posts: 9317 | Credits: )

Thanks so much, it did answer my question...I see exactly what you are getting at.

Sub: #35 posted on Wed, 10/31/2007 - 12:58

mlposting mlposting

(Posts: 29 | Credits: )

cannr is so smart!!!

Sub: #36 posted on Wed, 10/31/2007 - 12:59

granny granny

(Posts: 450 | Credits: )

the professional recovery systems, llc is not credible they send owed bills to people they think owe bills and they don't. If you have a billl more than 7 years old don't pay it they cannot collect unless they have a court order. This is from the fair credit reporting act from the federal government. If they send you another letter or do not answer your inquires write them and inform them that if you receive any more contact from them you will file suit against them for harassment. mail it return receipt requested so you know they received your letter.

Sub: #37 posted on Sat, 09/13/2008 - 19:00


I have a debt that I'll never be able to pay off (2nd mortgage on a house that I had to walk away from as the combination of massively underwater + job loss did me in).

What is the best advice to handle PRS? I'm getting the computerized calls every couple days. Am I allowed to send a cease and desist letter to them about this, as it is annoying? Are they going to get a judgement against me, or did they somehow acquire rights to my debt from my mortgage bank for pennies on the dollar, and anything they can get out of me is gravy?



Sub: #38 posted on Thu, 10/29/2009 - 14:43


this collection agency is done they shut down 12-31-2009 im so happy it shut down

Sub: #39 posted on Thu, 01/14/2010 - 17:00


mine was a bail bond i got screwed over by. but i couldnt find any info on statute of limitations for collecting on those. and i stupidly agreed to make payments. i have since stopped answering their calls. every month a different pewrson would be handling my acct because their turnover is so high. the first woman i spoke with belittled and insulted me. after being frustrated with the frequent change of handlers of my acct and expressing my dislike for the way things were handled and the way i was spoken to, a supervisor named ben martin returned my call leaving me a snide voice mail stating that they are not customer service. i merely expect common courtesies as i do of anyone regardless of customer service. as far as i am concerned i think they are most likely not trusyworthy as there are several lawsuits filed against them.

Sub: #40 posted on Sun, 03/28/2010 - 16:45


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