Monarch Recovery Mgmt INC

Steph, you need education on SOL issues, and re-affirmation of debt

Steph,That debt WAS legally UNCOLLECTABLE and also could not be reported on your credit report.HOWEVER, if you made ANY payment at all, or even an agreement to pay, you "re-affirmed" the debt and re-started the clock on the statute of limitations. And, any payment you make can be reported to the credit bureaus, because technically they can only report a negative for 7 years from the date of the...

Posted by Steve on December 02, 2010. Brought to you by ripoffreport.

They were calling then stopped

.I have gotted more calls from this scum collection agency but I did not answer the phone. After a while they stopped calling my house.

Posted by Steph on December 01, 2010. Brought to you by ripoffreport.

Great Advice...

Do not pay a dollar and report them - great advice. I would also suggest writing up a more detailed report and send to this government agency:

Posted by Bman on September 21, 2010. Brought to you by ripoffreport.

Thank you

Thank you for the advise I also learned that they used to be accademy collection services I have read aot of complaints about them in budhibbs.

Posted by Steph on September 21, 2010. Brought to you by ripoffreport.

Hold On....

The debt is over 10 years old- Whether or not you know it that is an important piece of information, and probably would have been good to include in your original report.I had to post because it sounds from your last update that you may be opening yourself up to MAJOR issues.First of all there is something known as the Statute of Limitations.  This is the legal time period a creditor has to...

Posted by Robert on September 20, 2010. Brought to you by ripoffreport.

Mrm is located at 10965 Decatur Rd, Philadelphia, PA. This business specializes in Credit & Debt Services.

Posted on June 30, 2015. Brought to you by merchantcircle.

Monarch Recovery Management is located at 10965 Decatur Rd, Philadelphia, PA. This business specializes in Credit & Debt Services.

Posted on May 21, 2015. Brought to you by merchantcircle.