Is Financial Recovery Services Inc. trying to contact you? Well, there are some things you may feel important to know.

In case you miss a deadline on the payments of your student loan, credit card, or medical debt, your creditors will ultimately handover these accounts to a third-party debt collection agency.

Another thing they can do is charging them off completely and then pass on your portfolio to a ‘junk’ debt buyer. Whatever the scenario would be, you will soon be getting calls and letters for debt collection.

FDCPA (The Fair Debt Collection Practices Act) forbids any third-party debt collector from being offensive and dishonorable when collecting the debt money from you. They may also state they hold the legal capability to garnish your wages, or they can inform your coworkers, relatives or important ones about your debt.

They simply can’t, and in case they do, they are totally going against the law. If they actually do, you have the right to take them to court.

Debt collectors should avoid the following to harass you into paying the debt:

  • Elevating the tone of their voice and making threats they have no aim to follow up on.
  • Contacting you before 8:00 a.m. and after 9:00 p.m. according to your time zone.
  • Talking in a profane and obscene language.
  • Avoiding the request of a cease communications.
  • Discussing your debt with your friends, neighbors, and co-workers.
  • Taking excessive fees that increase the original debt amount.

A plethora of debt collectors intentionally disrespect the FDCPA because they think that their intimidating techniques fetch better results as compared to the actions permitted by the law.

Step to Pay Off Credit Card Debts

Financial Recovery Services Inc. – A collection agency which is located in Edina, Minnesota was founded in 1996. They have a limited staff and also a member of American Collectors Association International (ACA).

Records stored at the PACER (Public Access to Court Electronic Records) website clearly shows that Financial Recovery Services Inc. has been sued for purposely breaching the FDCPA while collecting the consumer debts.

Kay Lara v. Financial Recovery Services Inc.

It was the month of October 2011, Iowa resident Kay Lara got a phone call from Financial Recovery Services Inc. inquiring about a debt that she owed to Credit One Bank.

The collector conveyed to her that a payment must be made or else her wages would be garnished.

Startled, she landed on a payment arrangement in which she decided to pay $25.00 a month. The payments were made successfully for the months of October, November, and December. In January, Ms. Lara came to know that her bank hadn’t sent the monthly payment for January 2012.

Upon calling the company to inquire this, she was told that she had to pay within the next 7 days, which she was not able to.

In February 2012, Financial Recovery Services Inc. contacted Ms. Lara with a motive of collecting the outstanding payment. When she stated that there was no money, the representative frankly advised her to borrow it, and provided a list of names whom she could approach: The list included two of her siblings, her parents, her ex-boyfriend, even the previous business partner of her grandmother.

When she insisted to know how the company came around such sensitive information about her, the agent responded that they had conducted a proper “research” on her.

Shocked to the core, Ms. Lara decided to hire a lawyer and file a complaint against Financial Recovery Services Inc accusing of the following FDCPA violations:

  • Engaging in a domineering, harassing, and insulting conduct.
  • Threateing that her wages would be garnished in case payment was not made.
  • Threatening to take a legal action which it did not plan to take.
  • Taking help of false and misleading means for collecting a debt.
  • Unable to prove the identification as a debt collection agency in the starting communication.

It was later resolved.

Financial Recovery Services Inc. phone numbers:



If any of these numbers show on your caller ID, it means that a delegate from the collection agency is trying to reach you. If they act in an insulting manner and deliver wage garnishment threats (without obtaining a judgment against you first), you should take professional help.

You can get a compensation of $1,000 per FDCPA violation, in addition, the court costs, attorney fees, and any other authentic damages. When you feel that your rights are violated by a debt collector, a debt relief agency can offer assistance in making them pay.

Case taken from PACER (

The file number is 6:12-cv-02032-LRR from United States District Court, Northern District of Iowa, Eastern Division.

Disclaimer: The given content in this article has a clear objective of providing information and one should refrain from using it as a legal advice. If you go for filing a claim against Financial Recovery Services Inc., or any other collection agency, you might not be entitled to any reimbursement.