Are you getting calls from the Collection Bureau of Hudson Valley, or maybe you’ve got a negative collections report under their name on your credit report? If so, you’re probably wondering who this company is, whether they’re legitimate, and, if so, how to get them off your credit and stop their phone calls.
There are things you can do to clear the Collection Bureau of Hudson Valley from your credit report, raising your score.
The Collection Bureau of Hudson Valley is also known as CBHV. This is a debt collection company. As a third-party collector, your debt didn’t originate with the Collection Bureau of Hudson Valley. Instead, CBHV is collecting debt on behalf of another company.
This debt collection company works in a variety of industries, including:
If you get calls or communication from a company asking you to pay a debt, it’s easy to assume it’s a scam. The Collection Bureau of Hudson Valley is not a scam; they’re a legitimate business, and they’ve been in the debt collection industry for nearly 50 years. Despite their legitimacy, CBHV does have consumer complaints against it, many of which are listed with the Better Business Bureau (BBB).
Consumer complaints primarily center around the fact that many people have no knowledge of the debt the company is trying to collect. Many believe they are the victim of identity theft. Some consumers say despite letting the Collection Bureau of Hudson Valley know that the debt isn’t theirs, is inaccurate, or that they’re an identity theft victim, nothing has been done to remove the account from their credit report.
There are complaints that no one provided information about the original debt supposedly owed or debt validation. There are also complaints from people who say that now CBHV is listed on their credit report, despite paying off their debt in full, or their account was properly closed and should be removed from their credit report, but it isn’t.
How common are these errors? As it turns out, very.
There was a recent study, and when Americans were asked to review their credit reports, one-third found at least one error. Errors frequently seen include collections accounts from identity theft, wrong personal information, such as mixed-up names, and accounts being marked as charged-off when they were paid or settled.
Consumers should get a copy of each of their three credit reports at least once a year from the main bureaus, TransUnion, Experian, and Equifax. This is the best way to check for errors. When you find an error, you should contact a Fair Credit Reporting Act attorney, who can dispute it or advise you on what to do next. If a dispute is submitted on your behalf, the company has to investigate it.
Once an investigation is complete, the company should share the results, which is mandated under the federal Fair Credit Reporting Act (FCRA). Then, if it’s found that the collections account or other derogatory mark is, in fact, a mistake, it’s supposed to be removed.
Having an attorney manage the dispute process can save time, reduce your stress, and ensure that it’s handled property to protect your rights.
The FCRA is a piece of legislation that protects you as a consumer as far as how your financial information is reported and used. Creditors and debt collectors have to be compliant with the law. They have to provide you with certain details about your debt, for example. They also have to be transparent when contacting you about a debt.
After seven years, debts are supposed to be removed from your account because the statute of limitations has ended.
When there is an error on your report, it should be removed in a timely way.
Despite the regulations on the credit and debt collection industry, they don’t always follow these guidelines, leaving people struggling to get things off their credit report and feeling like they have little recourse. There are frequent situations where the Collection Bureau of Hudson Valley, according to consumer reviews, isn’t responsive to these requests.
That’s when working with an FCRA attorney becomes helpful.
If you owe the debt that the Collection Bureau of Hudson Valley is contacting you about or has reported to a credit bureau, you have options. If you’re experiencing harassment, the Fair Debt Collection Practices Act (FDCPA) limits what debt collectors can and can’t do as they attempt to collect it.
Under that law, debt collectors can’t harass you, or anyone else, by phone or any other way. Debt collectors can’t contact you at unusual or purposely inconvenient times, and they can’t be deceptive or threatening.
You can let debt collectors know that you don’t wish to be contacted any further, although they don’t always comply.
If you don’t believe you owe the debt in question, that’s a different scenario, and you may have protections under the FCRA. If you’ve already checked your credit reports and know that the Collection Bureau of Hudson Valley is listed there, the first step should be contacting an attorney. Not doing so can mean that the statute of limitations on the debt restarts or other difficulties could arise from trying to deal with this company on your own.
FCRA attorneys specialize in helping people clear erroneous or illegitimate information from their credit reports. This will also stop phone calls.
If you’d like to explore your options to remove the Collection Bureau of Hudson Valley from your credit report and stop their communication and debt collection attempts, contact Fair Credit. Our attorneys specialize in the Fair Credit Reporting Act, and we offer a free case review. There’s no reason to continue living under a cloud of a damaged credit score or nonstop phone calls.