Settle Debt With American Profit Recovery (APR Guide)

American Profit Recovery is a legitimate, nationwide debt collection agency. If they’ve sued you, you can respond in minutes to avoid default. You can also negotiate and explore your settlement options.

Can you go up against a big debt collector like American Profit Recovery? Absolutely.

American Profit Recovery Sued You? Respond Now

Don't let APR win by default. You have 14-35 days to respond to the Summons and Complaint. Answer now to protect your wages and bank accounts from garnishment.

Respond to APR Lawsuit

American Profit Recovery (APR) helps creditors recover money from defaulted accounts. Their mission is simple: improve cash flow by getting invoices paid.

If APR contacted you about an unpaid debt, don’t panic. You have options and different pathways to reach a resolution. You could negotiate a debt settlement and pay less than you owe.

What Is American Profit Recovery?

American Profit Recovery is not a scam. It’s a legitimate, nationwide third-party debt collector with offices in Michigan, Massachusetts, and North Carolina.

The Better Business Bureau highly regards American Profit Recovery. So far, it has a 100% response rate on its BBB profile. The company is not BBB accredited, but it has an A+ rating.

Below is American Profit Recovery’s contact information:

Phone: 833-434-4400
Massachusetts office: 31 Hayward St Suite 2A-213, Franklin, MA 02038-2169
Michigan office: 34505 W. 12 Mile Rd., Suite 333, Farmington Hills, MI 48331
Website: https://www.americanprofit.net/

American Profit Recovery Reviews Can Help You Prepare

Many people have shared their experiences engaging with American Profit Recovery online. You can check out reviews on Google, Better Business Bureau, Yelp, and the CFPB consumer database.

Objectively speaking, online reviews of American Profit Recovery are mixed. Despite the mixed reviews, you should take proactive steps to resolve your debt issue.

Establishing a line of communication works better than ignoring their outreach. If you reach out to ARP, you have a better chance of negotiating a settlement.

How to Negotiate a Debt Settlement With American Profit Recovery

You can initiate settlement talks with American Profit Recovery, even after a lawsuit. Below are recommended steps to settle your debt with APR:

If you’ve been served with a Summons and Complaint, file an Answer in a timely manner.
Once you’ve responded to the lawsuit, assess your finances. Calculate your current funds, monthly income, and fixed expenses. Use this settlement formula: Amount available to settle = (monthly income – monthly costs) + savings
Contact American Profit Recovery to kick off settlement talks. Convey your opening offer and ensure it’s less than the maximum you can pay. You’ll have flexibility to negotiate with the debt collector.
Be prepared to go through multiple rounds of negotiations with APR.
If you reach an amicable debt settlement agreement, get the terms in writing.

If APR sued you, our partner Solo can help you respond to the lawsuit and negotiate a settlement.

Send a Debt Validation Letter to American Profit Recovery

Accounts can change hands before reaching American Profit Recovery. In the process, valuable information may be lost. You can use missing information to your benefit.

A debt collector might ask you to pay more than you owe. They might even collect on a fully paid account.

When a debt collector contacts you, ensure their records are accurate.

A debt validation letter can help you get the details you need. The burden of proof is on APR. They should provide a complete account history, including contracts you signed.

If APR fails to prove they legally own the account, they must stop collection efforts. If they can’t prove the debt amount is factual, they must stop.

Example: How Anna Stopped a Debt Collector

Anna got the assistance she needed when a debt collector repeatedly contacted her. Tired of the calls and emails, she decided to find help.

She found answers while desperately searching online. She typed “Respond to a collection letter” into her search engine. It was just what she needed.

After creating an account and answering simple questions, her Debt Validation Letter was ready. All she needed to do was mail it to the collection agency.

She soon learned the debt collector would stop contacting her. They could not prove the debt belonged to her. The debt had changed hands so much they couldn’t track the original contract.

Anna felt relieved and happy to have her life back.

Will American Profit Recovery Sue Me?

The law allows debt collectors to file lawsuits to recover a debt. If American Profit Recovery believes you can pay but are refusing, they may sue. Fortunately, suing consumers is not something APR often does.

If any debt collector sues you, send a legal response to the Summons and Complaint. You cannot ignore the lawsuit, hoping it will disappear.

Debt collection lawsuits allow you between 14 and 35 days to respond. The deadline depends on where you live. If you fail to respond before your state’s deadline, the court could issue a default judgment.

A default judgment means you lose the case automatically.

Armed with a judgment, a debt collector can obtain permission to garnish your wages. They can place liens on your property or freeze your bank accounts. All of these actions could be disastrous to your financial wellbeing.

On the other hand, correctly filing the Answer allows you to present your case. Sometimes debt collectors withdraw a lawsuit simply because you responded in time.

You can create an Answer in three easy steps with our partner Solo.

Respond to each claim listed against you.
Assert your affirmative defenses.
File the Answer with the court and send a copy to American Profit Recovery’s lawyers.

Your Helping Hand in Engaging With Debt Collectors

Here’s what you need to do to effectively engage with American Profit Recovery:

Respond to debt collection letters fast with a debt validation letter.
Know your rights as outlined in the FDCPA guidelines.
Respond to every debt collection lawsuit with a written Answer.
Explain your reason for not paying the debt and negotiate to settle for less.

No matter where you find yourself in the debt collection process, you have options. You can resolve your debt.

Frequently Asked Questions

What is American Profit Recovery?

American Profit Recovery is a legitimate, nationwide third-party debt collection agency with offices in Michigan, Massachusetts, and North Carolina. They have an A+ BBB rating and a 100% response rate on their BBB profile. They help creditors recover money from defaulted accounts.

How do I negotiate a settlement with American Profit Recovery?

First, respond to any lawsuit by filing an Answer. Then assess your finances using this formula: (monthly income – monthly costs) + savings. Contact APR with an opening offer lower than your maximum payment amount. Be prepared for multiple negotiation rounds and get any agreement in writing.

Can I request debt validation from American Profit Recovery?

Yes, you can send a debt validation letter to APR. They must provide complete account history and proof they legally own the debt. If APR cannot prove the debt belongs to you or that the amount is accurate, they must stop collection efforts.

Will American Profit Recovery sue me for my debt?

APR can file a lawsuit to recover a debt, but they don't often sue consumers. If they do sue you, you must respond within 14 to 35 days depending on your state. Failing to respond results in a default judgment, which allows wage garnishment and bank account freezes.

What happens if I ignore American Profit Recovery?

Ignoring American Profit Recovery is not recommended. If they sue you and you don't respond, the court can issue a default judgment against you. With a judgment, APR can garnish your wages, freeze your bank accounts, or place liens on your property.

How to Settle Debt With American Profit Recovery