How to Resolve Debt with Designed Receivable Solutions

No one enjoys owing money. When a debt collector starts calling, stress builds fast. But you can resolve debt with Designed Receivable Solutions. You have more control than you think.

What Is Designed Receivable Solutions Inc.?

Designed Receivable Solutions is a debt collection agency. The company also operates as Designed Billing Solutions. You can find them at 10833 Valley View St, Ste 415, Cypress, CA 90630-5046. Their phone number is (800) 518-7650.

The Better Business Bureau gives them a B rating. They’re not BBB accredited. The company has numerous complaints on their BBB profile.

The Consumer Financial Protection Bureau shows over 400 consumer complaints. Many complaints involve failure to validate debts. You’re not alone if you’re having issues with this collector.

Is Designed Receivable Solutions Inc. Reputable?

Designed Receivable Solutions is a legitimate business. It’s not a scam. But you should know about their recent data breach.

On March 23, 2024, the company filed a notice about a data breach. Someone accessed their stored data without authorization. Names, bank account numbers, credit card numbers, addresses, and phone numbers were compromised.

Hackers often sell stolen database information. Your sensitive data could be exposed to countless people. If you’ve received letters or calls from Designed Receivable Solutions, your information might be affected.

The company is sending letters to affected individuals. Monitor your accounts carefully for suspicious activity.

How Do You Resolve Debt with Designed Receivable Solutions?

You have options for resolving your debt. Whether you just got your first call or have been dealing with them for months, you can take action now.

Ask Designed Receivable Solutions to Validate Your Debt

The Fair Debt Collection Practices Act gives you important rights. One critical right is asking collectors to prove you owe the debt. If they can’t prove it, you don’t have to pay.

Send a Debt Validation Letter to request proof. Include these specific items in your request:

• The original creditor’s name
• The exact amount you owe
• The last transaction date on your account
• Proof they’re authorized to collect this debt
• A copy of your signed contract with the original creditor

Our partner Solo can help you prepare a proper validation letter. Don’t skip this crucial step.

Set Up a Payment Plan or Settlement

If Designed Receivable Solutions validates your debt, they might sue you. But don’t pay the full amount right away. You can often negotiate a better deal.

Consider this example: Sarah owes $500 according to Designed Receivable Solutions. She sends a validation letter, and they prove the debt is real. She can’t pay $500 immediately, so she calls and offers $400. They accept, and she moves on with her life.

If they won’t accept a reduced amount, ask about monthly installments. Many collectors prefer getting paid something rather than nothing. Negotiate terms you can actually afford.

What If Designed Receivable Solutions Has Already Sued You?

Debt collectors may file lawsuits after repeated non-payment. A lawsuit is stressful, but you’re not out of options. You can still fight back and win.

Send an Answer Letter

Each state has a deadline for responding to a lawsuit. You must send a document called an Answer before that deadline. Your Answer lets you respond to their claims against you.

Never ignore a lawsuit notice. If you miss the deadline, the collector wins by default. You’ll be legally required to pay, and they might garnish your wages.

Our partner Solo makes responding to a lawsuit straightforward. You don’t need an expensive attorney to file your Answer.

Offer to Settle Your Debt

Settlement lets you pay less than the full amount. You and the collector agree on a lump sum payment. The lawsuit ends, and you save money.

Debt collectors pay significant attorney fees during lawsuits. Settlement often makes better financial sense for them. The worst they can say is no to your offer.

Start with an offer of 40-50% of the total debt. You might be surprised how often collectors accept. Get any settlement agreement in writing before you pay.

Take Control of Your Debt Situation Today

Dealing with Designed Receivable Solutions doesn’t have to be overwhelming. You have clear steps you can take right now. Request validation, negotiate terms, or respond to a lawsuit properly.

Don’t let fear stop you from taking action. The sooner you address your debt, the sooner you’ll find relief. You can resolve this and move forward.