Frequently Asked Questions & Resources

Sort through our frequently asked questions to learn more about your debt and our debt relief program.
cartoon question mark with two women

Phillips & Cohen Associates LTD

Has Phillips & Cohen contacted you for a debt they claim you owe them? Have you recently discovered the creditor on your credit report?

Maybe you’ve received a phone call or a debt collection letter from Phillips & Cohen, and now you’re not sure whether to contact them and what to do about the debt they say you owe them. Whatever the reason, here’s what you need to know about the company and how to deal with them.

Who Is Phillips & Cohen?

Phillips & Cohen is a financial recovery agency specializing in deceased account management, cease and desist solutions, debt management recovery, consumer retail, credit cards, healthcare, and student loans both in the U.S. and internationally. With offices in the U.S., UK, Canada, and Australia, their one goal is to collect on any outstanding debt.

In other words, Phillips & Cohen purchases defaulted debts for pennies on the dollar then attempts to collect the original amount from the borrower.

The contact information for Phillips & Cohen is as follows:

1002 Justison Street
Wilmington, DE 19801
P: (888) 608-1766

Keep in mind that they are debt collectors, and debt collection agencies often record their calls.

Is Phillips & Cohen a Real Law Firm?

It certainly is a law firm. They are even a BBB accredited business with an “A+” rating — despite an average of 1.29 out of 5 stars in customer reviews. However, they’re still required to abide by the Fair Debt Collection Practices Act.

Phillips & Cohen Lawsuits

Multiple lawsuits have been filed against the debt collection agency over the years. In a recent proposed class-action lawsuit, the plaintiff alleges that the company sent him a letter about a debt owed but didn’t provide a disclosure of the man’s right to dispute the debt (which is mandatory by law) or even the amount owed.

Phillips & Cohen Complaints

The Consumer Financial Protection Bureau (CFPB) received 14 complaints about Phillips & Cohen in 2019. The agency responded to each complaint in a timely manner and closed all 14 with an explanation. Complaint topics included:

  • Attempts to collect a debt not owed
  • Written notification about a debt
  • Took or threatened to take negative or legal action
  • Communication tactics
  • Reported incorrect information to the credit bureaus

If you believe Phillips & Cohen has violated your rights, you can report the agency to your state’s attorney general, the Federal Trade Commission, and the CFPB.

What to Do if You’ve Been Contacted by Phillips & Cohen

Whatever the reason for the communication, it’s a good idea to work with a debt resolution law firm to determine the best path forward for you. Debt collectors can be difficult to talk to on your own. And while the company claims compassionate engagement services, consumer complaints tell a different story.

Tayne Law Group resolves debts with Phillips & Cohen on a routine basis. We know the ins and outs of consumers’ rights with creditors and will not only investigate the debt but handle all communication with Phillips & Cohen to ensure the proper and prompt resolution of your debt.

In one example, we helped settle a debt the agency purchased from Carnival. The original balance was $9,454, and we settled for $3,310 over eight interest-free payments — that’s a savings of roughly 65%.

Here at the Tayne Law Group, we have over 60 years of combined debt resolution experience and have been around longer than any other NY debt resolution and bankruptcy avoidance law firm only resolving debt like this. Call 1-866-890-7337 and find out today how we can help resolve your debt. All phone consultations are free.

left Back to FAQs

Ready to get started?

Your first consultation is always free.

Request A Free Consultation

Your initial phone consultation is free and requires no committment!
A team member will respond within 1 business day.

Ask us anything

We know there are a million questions to ask, which is why we maintain a strict no-billing policy. As a client, you can ask us about credit cards, debt consolidation, your credit report, anything really, and we won’t send you an unexpected bill. Instead, you make one low monthly payment that fits your budget. By keeping it simple, you can have peace of mind and focus on paying down your debt.

Play Video

Why people choose Tayne Law

A debt relief law firm

Personalized Program

Every situation is unique. We’ll work with you to find a solution that resolves your debt and frees up your cash flow.

No-billing
Policy

You make one low monthly payment and will never get an unexpected bill.

Experienced Debt Attorneys

We have more than 20-years of experience providing clients with debt relief.

Confidential & Trusted

As a law firm, our attorneys follow strict client confidentiality. Our services are discrete and effective.

Work with Creditors

We work with all creditors, whether you’re dealing with a collections firm, a national bank, credit union, or another lender.

cartoon man with envelope

Money moves to help you stay on track

Sign up for monthly updates, articles, money advice, and timely topics to keep your finances on track.

Request a Free Consultation

Your initial phone consultation is free and requires no committment!
A team member will respond within 1 business day.

tayne icon on cartoon letter in enveloper

Message Sent!

A Tayne Law team member will respond within
1 business day.