Nationwide Recovery Systems on Your Credit Report? Fight Back and Win

If you're feeling overwhelmed by seemingly endless calls from Nationwide Recovery Systems, you're not alone. Many people find themselves in financial hardship due to temporary job loss, unexpected medical bills or other unforeseen events - but there is a light at the end of the tunnel.

While dealing with debt collectors isn't easy, there are steps you can take to manage the situation and find relief. In this article, we will walk through strategies that can help you handle negotiations with Nationwide Recovery Systems, as well as offer information on what the company does and what your rights are when interacting with them.

What Does Nationwide Recovery Systems Do?

Debt collectors like Nationwide Recovery Systems - founded in Texas in 1979 - are typically hired by lenders, banks and other creditors to recover a debt owed from an individual or business. They may also purchase debts from lenders for pennies on the dollar and then use various tactics to encourage debtors to pay these amounts in full.

Debt collectors accomplish this by first contacting the debtor by phone, mail or email with instructions regarding payment terms. They also negotiate payment plans and settlement amounts with debtors in order to get the best return available for the creditor - or for themselves if they own the debt outright. 

Is Nationwide Recovery Systems a Legit Company?

Yes, Nationwide Recovery Systems is a legit debt collector. Their contact information can be found below:

• Phone Number: (972) 798-1000
• Address: 4635 McEwen Rd Dallas, TX 75244-5308
• Website: https://www.nationwiderecoverysystems.com/
• BBB Rating: 1/5

If you’re being contacted by someone claiming to be Nationwide Recovery Systems, be sure to compare this with the above information to ensure that you’re not being scammed by someone impersonating the company.

Why is Nationwide Recovery Systems Calling? 

Being contacted by Nationwide Recovery Systems with an outstanding debt can be upsetting, especially if you had no idea you held the debt in the first place. Unfortunately, this happens more often than it should – mail may have been sent to an incorrect address or notifications missed – and when that happens, debts may remain unnoticed until they become seriously delinquent.

It’s important to note that the debt listed may also not even belong to you, or the amount requested is inaccurate. This could happen for a variety of reasons including the following:

• Paid debts

Those that have been fully satisfied and no longer require repayment.

• Unauthorized debts

Debts taken out in an individual's name without their knowledge or consent.

• Identity theft accounts

Accounts opened fraudulently under a person's name and resulting in monetary losses or damages.

• Falsely reported late/unpaid debts

Debts incorrectly reported as past due or unpaid to credit reporting agencies with the intent of damaging an individual’s credit score.

What Can I Do If Nationwide Recovery Systems is Harassing Me?

The FDCPA was put in place by congress in 1978 to ensure that debt collectors do not resort to unscrupulous methods of obtaining payments, like making false statements, using abusive language, or threatening you with legal action - and knowing your rights under this law is the first step to stopping all that from happening. 

Prohibited behaviors under federal law include, but are not limited to, the following:

• Harassing debtors by making frequent, repeated phone calls.
• Using obscene or profane language to threaten, abuse, or intimidate a debtor.
• Falsely representing the legal status of a debt or using deceptive means to collect on a debt.
• Misrepresenting the amount owed or falsely implying that nonpayment will result in arrest or imprisonment.
• Publishing debtors’ names as part of a “deadbeat list” online or in printed publications and other forms of media.
• Attempting to collect fees, interest, and costs not authorized by the original loan agreement or state law.
• Sending false credit reports to third parties with the intent to harass and embarrass the debtor into payment.
• Threatening legal action that is not allowed under applicable state law or that cannot actually be carried out by the creditor (e.g., wage garnishment).

If Nationwide Recovery Systems oversteps any of these established boundaries, document it - you are more likely to prevail in a legal battle if you have tangible evidence of any violations that occurred during the debt collection process. 

If you believe that you have been treated unfairly by a debt collector, it is always wise to get legal advice from a qualified lawyer before taking any action - this way, you can receive the best guidance and advice available for protecting your rights so that you can approach the dispute with confidence.

Who Does Nationwide Recovery Systems Collect For?

Nationwide Recovery Systems provides debt collection services for a variety of industries,  including ambulances, hospitals & clinics, insurance companies, physicians, distribution and construction companies, banks and more. 

If you owe Nationwide Recovery Systems a medical debt, it's important to keep in mind that recent legislation offers those dealing with unpaid medical bills additional protections underscores the importance of understanding one's rights. Being informed of regulations that govern your specific debt situation is key to resolving it fairly. 

To ensure your interests are fully protected, it can help to seek help from an attorney with knowledge of applicable laws.

How Can I Get Nationwide Recovery Systems Removed from My Credit? 

Having a collections account from Nationwide Recovery Systems appear on your credit report can be highly damaging to your financial health. Fortunately, it is possible for you to get the account removed in order to restore your credit score. 

Generally, this starts with submitting a dispute with the three major credit bureaus. You may need to provide documentation that confirms that the collection was paid or resolved in some manner. Once the bureaus have received your dispute, you'll have to await their decision - if they reject your request, you will have to pursue another avenue.

Another option is to negotiate an agreement with Nationwide Recovery Systems that requires them not to report any information on the account - this should be obtained in writing as evidence of the arrangement before paying off any delinquent balance. A lawyer can also help provide guidance on how to navigate the process more efficiently.

Contact Us For Your Free Case Review

At Fair Credit, we understand the undue stress and anxiety that can be caused by collections agencies. That is why our team of experienced legal experts are here to provide their counseling and guidance through the process. We have a long record of success in taking on daunting cases, so our customers know they are in capable hands. 

Get started with your free case review today.