Has Alpha Recovery Corp Contacted You For A Debt They Claim You Owe Them?
If you’ve received communication from Alpha Recovery Corporation about a debt they claim you owe, it’s crucial to understand how these debt collectors operate as well as your rights.
Whether you’ve received a phone call about a collection account, you’re unsure what the next steps are, or the company has filed a lawsuit against you, help is available. Whatever the reason, here’s what you need to know if you’re looking for information and assistance.
Who Is Alpha Recovery Corporation?
Alpha Recovery Corporation is a third-party collection agency based in Colorado and operates nationwide as a third-party debt collection agency. It specializes in the collection of retail credit card debt (think Sears and Home Depot), student loans, auto deficiencies after repossessions, and some installment loans.
The company purchases debts from these creditors — usually for pennies on the dollar — then turns around and tries to collect the original amount owed.
A lender usually sells a debt to a collection agency after 180 days without payment or less than the minimum amount owed. If one of your credit accounts has been sold to Alpha Recovery Corp, the agency will show up on your credit report as a new creditor. If the debt is legitimate and belongs to you, Alpha Recovery Corp can contact you to collect or even sue you via a debt collection law firm.
The contact information for Alpha Recovery Corp is as follows. However, keep in mind that calls are often recorded at debt collection agencies.
Alpha Recovery Corporation
5660 Greenwood Plaza Blvd., Ste. 101
Centennial, CO 80111-2417
Phone number: (720) 509-2125
Alpha Recovery Corp Complaints
The Consumer Financial Protection Bureau (CFPB) received 21 complaints about Alpha Recovery Corp in 2019. All those complaints received a timely response and were closed with an explanation. Complaint topics included:
- Communication tactics
- Attempts to collect debt not owed
- Incorrect information on the consumer’s credit report
- Threatened to contact someone or share information improperly
- Took or threatened to take negative legal action
As of April 26, 2023, the Better Business Bureau (BBB) profile for Alpha Recovery Corporation indicates they have 32 closed consumer complaints in the last three years, including 16 closed complaints in the past 12 months.
If you believe Alpha Recovery Corporation has violated your rights, you can report the agency to your state’s attorney general, the Federal Trade Commission, and the CFPB.
What You Can Do If Alpha Recovery Has Contacted You
Whether Alpha Recovery Corp has contacted you for the first time or it’s threatened legal action, you must know your rights. Otherwise, the agency can bully you into paying the full amount.
The Fair Debt Collection Practices Act (FDCPA) is federal law that provides consumer protections for debt collection. Regardless of the reason for contact, it’s best to work with a debt resolution law firm that can protect your rights and save you money.
The Tayne Law Group has over 60 years of debt resolution and collection industry experience. We know creditors and have experience dealing with Alpha Recovery Corp. In one instance, we settled a $1,399.93 debt owed on a Home Depot credit card for just $400 — a 71% savings.
Working with our experienced debt resolution law firm will give you peace of mind that your debts are handled best. Even more, all calls are free with no obligation. See what a difference a phone call can make. Call now: 866-890-7337.
