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How to Remove Professional Adjustment Corp from Your Credit Report

Last updated 07/09/2024 by

Silas Bamigbola

Edited by

Fact checked by

Summary:
Dealing with debt collectors like Professional Adjustment Corp can be stressful and frustrating. If you have ever been late or defaulted on a bill, you may find Professional Adjustment Corp appearing on your credit report as the assigned agency to recover the debt. This comprehensive guide will help you navigate the process of removing it from your credit report. It covers the impact of this debt collection agency on your credit score, methods for disputing and removing the account, your legal rights, negotiation strategies, and steps to protect your financial health.
Removing Professional Adjustment Corp from your credit report can significantly improve your credit score and financial standing. This guide provides detailed steps on how to deal with this debt collection agency, understand your rights, and protect your credit score. With the right approach, you can successfully remove negative entries and pave the way for better financial opportunities.

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What is Professional Adjustment Corp?

Professional Adjustment Corp is a debt collection agency that reports collection accounts on your credit report. They may either purchase the debt from the original creditor or be paid to collect on behalf of another company. This agency attempts to collect the debt by contacting you via mail or phone, and their presence on your credit report can hurt your credit score and chances of obtaining new credit.

Does Professional Adjustment Corp hurt your credit score?

Yes, having a collection account from Professional Adjustment Corp on your credit report can severely impact your credit score. Any derogatory mark, especially a collection account, indicates financial distress and can stay on your report for up to seven years, making it difficult to secure loans or other forms of credit.

How to remove Professional Adjustment Corp from your credit report?

1. Verify the debt

Before taking any action, verify that the debt is yours and the amount is accurate. Under the Fair Debt Collection Practices Act (FDCPA), you have the right to request a debt validation letter from Professional Adjustment Corp. This letter should include details about the debt, such as the original creditor, the amount owed, and any relevant account information.

2. Dispute inaccurate information

If you find any inaccuracies in the debt validation letter or your credit report, you can dispute the information with the credit bureaus. The Fair Credit Reporting Act (FCRA) gives you the right to challenge any incorrect or unverifiable information on your credit report. Submit a dispute to the credit bureaus (Experian, Equifax, and TransUnion) with supporting documentation to prove the errors.

3. Negotiate a pay-for-delete agreement

A pay-for-delete agreement involves negotiating with Professional Adjustment Corp to remove the collections account from your credit report in exchange for payment. While not all debt collectors agree to this, it is worth attempting. Ensure you get the agreement in writing before making any payments.

4. Seek professional help

If you are struggling to manage the dispute process or negotiate with Professional Adjustment Corp, consider seeking help from a credit repair company. These professionals can analyze your credit report, identify errors, and negotiate with creditors on your behalf.

Pro tip

Dispute any inaccuracies in writing and send your dispute to the credit bureaus via certified mail to ensure it is tracked and received.

What are my rights when dealing with Professional Adjustment Corp?

You have the right to dispute any debt of yours that Professional Adjustment Corp is trying to collect. Professional Adjustment Corp is governed by the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). While these acts seem very complicated, they provide a great deal of power to you if you know how to use it.

Request all correspondence in writing

Ensure a documented record of communications with Professional Adjustment Corp by requesting written correspondence. Contact Professional Adjustment Corp at the following address:
Professional Adjustment Corp contact information
14410 Metropolis Ave, Fort Myers, FL 33912
+1 239-437-0525 or +1 888-686-0525

How to file a complaint against Professional Adjustment Corp

Filing a complaint

  1. Consumer Financial Protection Bureau (CFPB): File a complaint online here or by calling 1-855-411-2372.
  2. State’s Attorney General: You can also file a complaint with your state’s Attorney General’s office. Contact information for your state’s Attorney General can typically be found on their official website.
  3. Federal Trade Commission (FTC): File a complaint online here.

Documenting your complaint

When filing a complaint, it’s important to provide as much detail as possible. Include the name of the debt collector, the date and time of the alleged violation, and any supporting documentation such as letters, emails, or phone records. This information will help the authorities investigate your complaint more effectively.

Following up on your complaint

After filing your complaint, follow up with the relevant agency to ensure that your case is being handled. Keep records of all communications and updates related to your complaint. If you do not receive a satisfactory resolution, you may need to consult with a consumer protection attorney to explore further legal action.

Pro tip

You can request that a debt collector stop contacting you under the FDCPA. This request does not mean you are free from owing the debt or that the company can’t take legal action against you, but it does alleviate the stress of constant calls.

Understanding your credit report

Why understanding your credit report is important

It is crucial to regularly review your credit report to ensure all the information is accurate. This includes checking for any accounts reported by Professional Adjustment Corp. You can obtain a free credit report from each of the three major credit bureaus (Experian, Equifax, and TransUnion) annually at www.annualcreditreport.com.

Steps to dispute a debt with Professional Adjustment Corp

When disputing a debt with Professional Adjustment Corp, follow these steps:
  1. Request a debt validation letter to verify the debt details.
  2. Gather evidence supporting your dispute, such as payment records or correspondence.
  3. Submit a written dispute to Professional Adjustment Corp and the credit bureaus, including all supporting documentation.
  4. Follow up to ensure your dispute is being processed and resolved.

How to prevent future debt collections

To avoid future debt collection issues, consider the following tips:
  • Pay your bills on time and manage your debts responsibly.
  • Monitor your credit report regularly for any inaccuracies or signs of identity theft.
  • Create a budget to keep track of your income and expenses, ensuring you live within your means.

Pro tip

Monitor your credit report regularly to catch any inaccuracies early and address them before they become bigger issues.

Conclusion

Dealing with Professional Adjustment Corp and other debt collectors can be challenging, but understanding your rights and the steps you can take to remove negative marks from your credit report is crucial. By verifying the debt, disputing inaccuracies, and considering options like pay-for-delete agreements, you can work towards improving your credit score. If you need help, don’t hesitate to reach out to credit repair professionals who can guide you through the process and help you achieve a positive resolution.

Frequently asked questions

How long does a collection account stay on my credit report?

A collection account can remain on your credit report for up to seven years from the date of the first delinquency.

Can paying off a collection account improve my credit score?

Paying off a collection account may improve your credit score slightly, but the negative mark will still remain on your report for up to seven years. Negotiating a pay-for-delete agreement can be more beneficial if you can get the debt collector to agree.

What should I do if Professional Adjustment Corp violates my rights?

If you believe that Professional Adjustment Corp has violated your rights under the FDCPA or FCRA, you can file a complaint with the Consumer Financial Protection Bureau (CFPB) or seek legal advice to explore your options for recourse.

Can I remove a collection account by disputing it?

Yes, if the information on the collection account is inaccurate, unverifiable, or fraudulent, you can dispute it with the credit bureaus to have it removed from your credit report.

How can I prevent future collection accounts on my credit report?

To prevent future collection accounts, manage your debts responsibly, make timely payments, and monitor your credit report regularly for any inaccuracies or signs of identity theft.

Is Professional Adjustment Corp a legitimate company?

Yes, Professional Adjustment Corp is a legitimate debt collection agency. They are not a scam or fake company, but they may engage in aggressive collection tactics such as frequent phone calls or letters. It is important to know your rights when dealing with debt collectors to protect yourself from harassment and ensure fair treatment.

Why does Professional Adjustment Corp keep calling me?

Professional Adjustment Corp is attempting to collect a debt by contacting you through phone calls. If these calls are frequent or harassing, you have the right to request they cease communication. Sending a written request to stop contact can help manage the situation. If harassment continues, you may need to seek legal assistance.

Will Professional Adjustment Corp try suing or garnishing my wages?

While it is rare for Professional Adjustment Corp to sue, it is not impossible. If they decide to pursue legal action, you will receive a summons to appear in court. It is important to respond to any legal notices promptly. Wage garnishment can only occur if a court judgment is obtained against you. State and federal laws provide certain protections and exemptions regarding garnishment.

Key takeaways

  • Professional Adjustment Corp is a legitimate debt collection agency that can significantly impact your credit score.
  • You have the right to request debt validation and dispute any inaccuracies in your credit report.
  • Negotiating a pay-for-delete agreement can potentially remove the negative mark from your credit report.
  • Seek professional help if you need assistance managing disputes or negotiating with debt collectors.
  • Understanding your rights under the FDCPA and FCRA can help you protect yourself from unfair collection practices.

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