ED Magedson – Founder
portfolio recovery llcp.o. box 12914 norfolk, Virginia USA
portfolio recovery llc got served, made payment arrangement, they accepted $50/month, and still going to court, I am unemployed disabled and can't afford $50 norfolk Virginia
I am be sued by portfolio recovery llc, so I contacted the legal dept there and made arrangement to pay $50/month on a $1,495 debt from Lowe's Dept. Store, in which they wrote off as a bad debt and that was considered a loss for the company.
Now this collection agencies claims to of bought the debt and threatening to take me to court and file judgement against me on all my past due debts that are over 10 years old and with incorrect amounts.
I am almost 60 years old, disabled and can't get a job and can bearly pay $50/month, my wife is considering divorce and I can't afford to file bankruptcy.
Can anyone help because I can't afford an attorney and I will just have to face the judge and tell him my situation. I acknowledge the debt, but not the amount and I just can't pay it and we might just lose our apartment.
This report was posted on Ripoff Report on 08/31/2013 12:45 PM and is a permanent record located here: http://www.ripoffreport.com/reports/portfolio-recovery-llc/norfolk-virginia-23541/portfolio-recovery-llc-got-served-made-payment-arrangement-they-accepted-50month-and-1080763. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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