Paramount Recovery System is a medical debt collector that often reports on consumers credit reports negatively. Because of the negative credit reporting consumers can be denied a home loan, auto loan, or employment. It is important to resolve and possibly remove this debt collection from a credit report and other databases.
Paramount Recovery Systems information is:
Paramount Recovery Systems 111 E Center St Lorena, TX 76655Phone: (254) 857-7007
Web: www.paramountrecovery.com
Our law firm can be hired to represent you to resolve issues with Paramount Recovery Systems . For over a decade we have been helping Texas consumers resolve issues with debt collectors that report erroneous or negative information on their credit report. Once hired we interview the client to see what happened and given the situation we can make a recommendations on how to proceed. We will gather the relevant documents and have the credit repair attorney evaluate under Texas Fair Debt Collection Practices Act (FDCPA) , Fair Credit Reporting Act (FCRA) and any other applicable statutes. Sometimes our clients do decide to settle with the debt collector. If a client settles, then we create a contract for the creditor to sign that releases our client from the remaining amount and describes how it will be reported on the credit report. Most clients want the negative apartment collection removed from their credit report and other databases. In extreme cases, we enter lawsuits against the debt collector.
You don’t have to face any Debt Collector alone!
To hire a Consumer Credit Attorney and the law firm to fight Paramount Recovery Systems , call today (214) 506-2500 or email cs@txclf.com . Most clients anticipate spending $75 to $450 in legal fees when having our law firm represent them against a debt collector.
Continue Reading
Today, we’re releasing our third Snapshot of Complaints Received from Servicemembers, Veterans and their Families. The report details the data and trends from consumer complaints we’ve received from members of the military community since July 2011.
Here are just a few highlights:
- Debt collection complaints have continued to rise since our last report, and now make up 39 percent of total complaints. It is our largest category of complaints from the military community.
- Credit reporting remains a top category of concern. 72 percent of these complaints are about incorrect information on credit reports. This remains a significant issue for the military community, one that we highlighted earlier this year.
- Student loans are another concern. 49 percent of these complaints are about problems dealing with a lender or servicer. In these complaints, we continue to see long-standing trends, such as servicemembers complaining about not being provided their Servicemembers Civil Relief Act rights.
This year our report also highlights our outreach efforts that allowed us to connect with thousands of members of the military community, as well as three of our enforcement actions that recovered millions of dollars for affected consumers, primarily servicemembers, veterans, and their families. These figures represent the positive impact of the work we continue to do on behalf of those who serve.
Problems with account services
Basic account servicing stands out as a significant area of concern for servicemembers. Most consumers can call their financial institution, visit a branch, or connect online to try and get the help they need to maintain their account. Unfortunately, for military personnel and their families, the realities of military life, including deployments, frequent moves, and a high operational tempo, can sometimes make access to those services extremely challenging.
We found that servicemembers were often subject to a variety of account maintenance or penalty fees, as well as account-access restrictions, which were triggered due to aspects of their military service.
These problems raise concerns that financial institutions may not have a true understanding of the servicing needs of their military customers and may lack proper procedures and protections for them. Detailed examples of servicemember experiences can be found in Section II of the report.
Check out the snapshot to learn more.
We’re listening
As always, if you have a problem with a consumer financial product that you can’t resolve on your own; or if you know someone in that situation, please remember that you can submit a complaint online or by calling (855) 411-2372. We make your voice heard.
