Report: #421073

Complaint Review: Portfolio Recovery Services Associates

  • Submitted: Fri, February 06, 2009
  • Updated: Fri, February 06, 2009
  • Reported By: Layton Utah
  • Portfolio Recovery Services Associates
    120 Corporate Boulevard
    Norfolk, Virginia

Portfolio Recovery Services as scam collection practice on un-owned debt. Norfolk Virginia

Show customers why they should trust your business over your competitors...

I recently (02/05/2009) received a 1099-C (Cancellation of Debt) tax form from this despicable company. I've never heard of them (or From them) nor do they appear any where on my pristine credit report. They claim the debt was cancelled on 03/17/2008 but again, no notice/communication leaving me 2 months to dispute the issue before tax deadline.

They are now trying to stick me with a $2289.11 Income statement and higher tax burden for their own money saving ends. You've got to love how they send the statement at the last minute to make sure they can file their taxes and leave me holding the bag and fighting the IRS.

When did the IRS become a tool for collection companies to extort money from taxpayers?

Layton, Utah
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This report was posted on Ripoff Report on 02/06/2009 01:17 PM and is a permanent record located here: 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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