Eagle Recovery Associates on Your Credit Report? Fight Back and Win

Last Updated:
August 12, 2023

It can be an upsetting experience to be contacted by a debt collection agency like Eagle Recovery Associates, but you're not alone in facing these kinds of financial troubles - in fact, up to a quarter of Americans have an account that is currently in collections. 

That's why it's important to familiarize yourself with what the debt collection process looks like, as well as what options you have when dealing with debt collectors. Here we'll provide information and tips to help make managing your debt less daunting, so you can protect your financial future and gain back control over your finances.

What Does Eagle Recovery Associates Do?

Debt collectors, like Illinois-based Eagle Recovery Associates, are firms that specialize in collecting money from debtors who have defaulted on payments. They purchase consumer-owed debts from original creditors at a discounted rate, or receive a fee for providing collection services. Once they acquire the debt, they will contact the debtor and work to negotiate repayment plans and collect the full amount owed.

Depending on the situation, should negotiations fail to yield successful repayment terms, debt collectors may choose to use legal action as a means of obtaining payment. Regardless of the collection tactics used, collectors are required to act within a rigid set of consumer protection laws dictating their behavior.

Is Eagle Recovery Associates a Legit Company?

Eagle Recovery Associates is a legit debt collector - they are not a scam. If you’re being contacted by this company, it’s important to tackle the situation head on. The company’s contact information can be found below:

  • Phone Number: (309) 272-4500
  • Address: 2601 W Forrest Hill Ave Peoria, IL 61604-1812
  • Website: http://www.eaglerecovery.net/
  • BBB Rating: 1/5 

If you're thinking of settling with Eagle Recovery Associates to get a debt off your credit report, it's essential to do your due diligence and check that the debt is legitimate. Making one payment on the debt - even if you later prove it is not yours - means you are liable for paying off the rest. Do not let Eagle Recovery Associates pressure you into paying. Know your rights, and reach out to our firm at Fair Credit for a free case review.

What Can I Do If I’m Being Harassed by Eagle Recovery Associates?

As a consumer dealing with debt collection activity, it's important to be aware of your rights. Enacted in 1978, the Fair Debt Collection Practices Act (FDCPA) outlines how debt collectors must treat consumers. 

Under this law, it's illegal for collectors to use any type of aggressive language or tactics when collecting debts. An outline of some of the laws main prohibitions can be found below:

  • False or misleading representations, including the use of false names and deceptive means in communicating with consumers.
  • Harassment or abuse, such as using obscene or profane language, making threats of violence, and repeatedly using the telephone to annoy a consumer.
  • Unfair practices, such as simulating legal process and depositing post dated checks without authorization.
  • False or deceptive attempts to collect additional amounts not owed by the consumer, such as fees added without prior disclosure or misrepresenting the amount due.
  • Furnishing false information related to a consumer’s debt to credit reporting agencies and other third parties.
  • Taking any non- judicial action against a consumer without having obtained a court order for such action first (except when permitted by state law).
  • Collecting any amount (including interest, fees, charges and expenses) not authorized by the agreement between the creditor and debtor or permitted by law; this includes collecting debt without legally proving it is owed.
  • Contacting consumers at work after they have made clear that they cannot receive calls at their place of employment

If Eagle Recovery has broken the law, then legal action should be taken against them. To make sure you have strong evidence in court, it is important to document any wrongdoings by the collector - so be sure to compile as much evidence against them as possible. 

Additionally, to ensure that your case is properly handled and that you have effective representation, you should hire a lawyer who specializes in consumer law to represent you. Consumer law attorneys are knowledgeable about the regulations governing debt collection agencies and are highly qualified to provide valuable advice about your case.

How Can I Get Eagle Recovery Associates Removed from My Credit Report? 

Under the Fair Credit Reporting Act, you have the right to dispute any inaccurate information and request that it be removed if it’s not verifiable. The best way to ensure that a collections account is removed or updated is to dispute it with both the collection agency and the credit bureaus.

Here are some steps you can take to get the negative item removed from your report:

  • Contact the collection agency directly and ask for proof of the debt.
  • Dispute any inaccuracies with the credit bureaus, including incorrect dates or amounts owed on the account.
  • Request “goodwill deletions” from creditors if you believe there was an error in reporting information about your account.
  • Submit a pay for delete letter if you are willing to pay off the debt in exchange for removal of the negative item from your credit report.

Additionally, make sure that you keep accurate records of all communication between yourself and creditors or collection agencies regarding this matter. This will help protect your rights under federal law and provide additional evidence if needed in future disputes.

If after following these steps, there are still inaccurate entries on your credit report, contact an attorney familiar with consumer protection laws who can represent you during the dispute process.

Contact Us For Your Free Case Review

Nobody deserves to be taken advantage of by creditors who think the rules don't apply to them. At Fair Credit, we understand the unique challenges of dealing with debt collectors and are here to help you  every step of the way. 

Our team includes professional attorneys with years of experience in consumer law, offering free case reviews and tailored advice to help you take back control of your financial future. Don’t wait - contact us today and let us be your advocate.

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