Settle Debt With North American Recovery: Your Guide

You just received a lawsuit from North American Recovery. You’ve never heard of them before. You’re wondering why they’re suing you.

Don’t panic. This happens to thousands of consumers every day. More importantly, you can resolve the lawsuit.

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Your court deadline is approaching fast. Our partner Solo helps you file a proper Answer to NAR's lawsuit and protects you from default judgment.

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Your original creditor likely sold your defaulted account to North American Recovery. Check your records for unpaid credit card or student loan debts. The original company transferred your account to North American Recovery.

Collection calls are annoying, but lawsuits are serious. You must respond immediately to a North American Recovery lawsuit. Ignoring it won’t make it disappear.

You’ll learn who North American Recovery is and how to respond to their lawsuit.

Who Is North American Recovery?

North American Recovery (N.A.R Inc.) is a legitimate debt collection agency. The Better Business Bureau has recognized them since 1993. They employ 19 people and generate approximately $2.2 million annually.

NAR buys defaulted accounts from original creditors. They then pursue consumers for unpaid credit card and student loan debts.

Here’s their contact information:

Phone: 801-364-0777
Address: 1600 W 2200 S Ste 410, Salt Lake City, UT 84119-7240
Website: north-american-recovery.com

Who Does N.A.R, Inc. Collect For?

North American Recovery collects debt in these industries:

Student loans
Credit card loans
Healthcare
Telecommunications

Consumers can expect standard collection practices. NAR sends letters and makes phone calls. They also file lawsuits to collect client accounts.

You can resolve their lawsuit by paying or settling. We’ll show you how below.

Why You Should Never Ignore Debt Collectors

The Fair Debt Collection Practices Act protects you from abusive collectors. Debt collectors must treat you respectfully and fairly. Understanding your rights gives you confidence to engage with NAR.

Debt collectors often settle for less than you owe. Your financial hardship might qualify you for lower monthly payments. The key is opening communication with North American Recovery.

What Consumers Say About North American Recovery

Online reviews reveal how companies treat consumers. You can find North American Recovery reviews on several platforms:

Better Business Bureau
CFPB database
Google reviews

Some customer reviews show helpful NAR representatives. Consumer TD Forrest left a 5-star review:

“I had a great experience with NAR through a Collection Rep. Drew S. was great and helped me take care of a debt I forgot about! Drew offered patience and professional customer service! Above all, I felt his smile through the phone!!”

Many NAR representatives want to help you recover financially. Contacting them is your best option for resolving the debt.

Respond to Protect Your Legal Rights

You might feel outmatched against a company with experienced lawyers. You can defend yourself even without hiring an attorney.

Responding to the lawsuit protects your rights. Failing to answer means losing by default. You lose without defending yourself or presenting your case.

A careful review of debt documents can reveal defenses. The statute of limitations may have expired on your debt. The debt amounts might be incorrect or inflated.

North American Recovery must provide debt details when you request them. You’ll learn who the original creditor is and when NAR acquired your account. You’ll see how much you’ve already paid toward the debt.

Each state has time limits for debt collection lawsuits. Many debt collectors file lawsuits after the statute of limitations expires. NAR might lack proof to win their case. They may have filed too late to legally collect.

Our partner Solo helps you respond to debt lawsuits quickly and affordably.

How to Respond to a North American Recovery Lawsuit

File an Answer before your court deadline. You typically have 14 to 35 days to respond. Your deadline depends on where the lawsuit was filed.

Your Answer addresses each numbered paragraph in NAR’s complaint. You must “admit” or “deny” each statement they make.

You can then assert your Affirmative Defenses. State reasons why you don’t owe the debt. Common defenses include paid debts, forgiven balances, or expired statutes of limitations.

Responding is just the beginning. While awaiting court dates, you can negotiate with NAR. Many lawsuits end with out-of-court settlements.

How to Settle Debt With North American Recovery

NAR sues consumers they believe can pay in full. They sometimes misjudge your financial situation. You might be experiencing hardship they don’t know about.

Requesting a lump sum settlement is a viable option. You pay less than you owe to close the account. A 50% settlement is common in debt collection cases.

Start negotiations lower than you can afford. You’ll leave room for upward movement during negotiations. Follow these steps to settle with North American Recovery:

Calculate how much you can raise to pay the debt. Total your income and savings, then deduct mandatory expenses. Sell items you don’t need to raise additional funds.
Contact NAR and request a settlement for less than you owe. Explain your financial hardship and inability to pay in full. Make an offer slightly lower than your maximum budget. NAR will likely counter your initial offer.
Get a written settlement agreement if NAR accepts your offer. The document should specify your payment amount and due date. NAR must promise to close your account and drop the lawsuit. Both parties should sign the contract.
Pay the settlement on time to avoid defaulting. Breaking the agreement could revert the debt to its original amount.

NAR will report settled debt to credit bureaus. Settled accounts aren’t as good as paid-in-full accounts. They’re still better than active collection accounts on your credit report.

Settling debt helps you rebuild your credit. You’ll stop collection calls and start moving forward financially.

Our partner Solo guides you through answering lawsuits step by step. The platform asks necessary questions to complete your Answer. An attorney reviews your document before filing it with the court.

Your Path Forward From Debt Collection

North American Recovery lawsuits feel overwhelming at first. You have more power than you realize to resolve them.

Respond to the lawsuit within your deadline. Request debt verification and review all documents carefully. Look for errors, expired statutes, or proof problems.

Open negotiations for a settlement you can afford. Document everything in writing before making payments. Following these steps protects your rights and resolves your case.

You can overcome debt collection lawsuits. Taking action today puts you back in control of your finances.

Frequently Asked Questions

What is North American Recovery and why are they suing me?

North American Recovery is a legitimate debt collection agency that buys defaulted accounts from original creditors. They sue consumers to collect unpaid credit card debts, student loans, healthcare bills, and telecommunications debts. Your original creditor likely sold your account to NAR after you defaulted on payments.

How do I respond to a North American Recovery lawsuit?

File an Answer with the court before your deadline, which is typically 14-35 days after being served. In your Answer, admit or deny each statement in NAR's complaint and assert any affirmative defenses. You can defend yourself without a lawyer by using online resources or working with a partner like Solo to prepare your response.

Can I settle my debt with North American Recovery for less than I owe?

Yes, you can often settle with North American Recovery for 50% or less of the original debt amount. Calculate what you can afford, contact NAR to explain your financial hardship, and make a settlement offer. Always get the settlement agreement in writing before making any payments, and ensure it states NAR will drop the lawsuit.

What happens if I ignore a North American Recovery lawsuit?

Ignoring the lawsuit results in a default judgment against you. NAR wins automatically without you presenting any defense. They can then garnish your wages, levy your bank accounts, or place liens on your property depending on your state laws. Always respond to debt collection lawsuits within the court deadline.

How long does North American Recovery have to sue me for old debt?

The statute of limitations varies by state and debt type, typically ranging from 3-6 years. Once the statute of limitations expires, NAR cannot legally sue you for the debt. If they file a lawsuit after the deadline, you can use the expired statute of limitations as an affirmative defense in your Answer.