Receivables Management Services: How to Resolve Debt

Receivables Management Services keeps calling you. They left a voicemail claiming you owe money. The calls keep coming, day after day.

Is RMS legitimate? Can you resolve this debt and stop the harassment?

RMS Filed a Lawsuit Against You? Respond Now

You have 14-28 days to file an Answer before losing by default. Respond to your Receivables Management Services lawsuit online in minutes and protect your wages from garnishment.

File Your Answer

You can. Here’s how to protect yourself and settle your debt.

What Is Receivables Management Services, LLC?

Receivables Management Services (RMS) is a debt collection agency and debt buyer. They collect on various types of debt:

Credit card balances
Retail accounts
Consumer loans
Bad checks
Landlord receivables
Property management fees
Medical bills
Deficiency accounts

RMS contacts you for two reasons. Either a company hired them to collect your unpaid debt, or they purchased your debt from the original creditor.

When debt buyers purchase accounts, they pay pennies on the dollar. They then pursue you for the full amount.

Is RMS a Legitimate Company?

Receivables Management Services is a legitimate debt collection company. As of 2023, they lack a Better Business Bureau profile. Their website doesn’t specify when they were founded.

The company has operated for many years. They collect debts across multiple states.

How to Contact Receivables Management Services

You can reach RMS at 855-503-0840. Their email address is info@receivablesmanagementservices.com.

Their mailing address is: 4613 N University Drive, #552, Coral Springs, FL 33067.

Don’t Confuse RMS with Another Company

One letter makes a difference. Receivable Management Services (without the ‘s’) is a different debt collector. That company operates from Seattle, WA.

Both companies use similar collection tactics. The strategies below work for either agency.

Know Your Rights Under the FDCPA

Has RMS sent aggressive or threatening messages? The Fair Debt Collection Practices Act (FDCPA) protects you from harassment.

Debt collectors cannot:

Call you more than once per day
Call before 8 a.m. or after 9 p.m.
Threaten you with arrest for unpaid debt
Contact your friends, family, or coworkers about your debt
Continue calling after receiving a cease and desist letter
Refuse to validate your debt
Use profane or offensive language

RMS violated these rules? Report them to the Federal Trade Commission at 877-382-4357. You can also file a complaint with the Consumer Financial Protection Bureau at 855-411-2372.

Document every violation. Save voicemails, emails, and text messages as evidence.

How to Resolve Your Debt with RMS

You can resolve your debt in three steps. Verify the debt, respond to any lawsuits, and negotiate a settlement.

Request Debt Validation

Make sure the debt actually belongs to you. Send RMS a debt validation letter requesting proof.

RMS must provide:

The original creditor’s identity
The total amount you allegedly owe
Evidence connecting you to the debt
The date of your last payment
The age of the debt
Their license number for collecting in your state

Failing to validate debt violates the FDCPA. You can report this violation to federal authorities.

Never admit the debt is yours before receiving validation. Acknowledgment can restart the statute of limitations on old debts.

File an Answer If RMS Sues You

RMS filed a lawsuit against you? Act immediately. File an Answer with the court within the deadline.

Your Answer states your defenses against the debt. It shows you intend to fight if necessary.

You typically have 14 to 28 days to respond. Miss this deadline and the court grants a default judgment to RMS.

Default judgments are disasters. RMS can garnish your wages, freeze your bank account, or place liens on your property. The court may also award them legal fees and collection costs.

Our partner Solo helps you respond to debt lawsuits quickly. You can file your Answer online in minutes.

Negotiate a Settlement with RMS

Most debt collectors prefer settling over going to court. Trials cost money and take time. RMS likely wants to resolve this quickly.

Start by offering 60% of the total debt. RMS may reject this but counter with a higher percentage.

Continue negotiating until you reach an acceptable amount. Many collectors settle between 40% and 70% of the original debt.

Here’s an example:

Example: Diane received daily calls from RMS. Then she got served with a lawsuit. She used our partner Solo to file an Answer immediately. She avoided a default judgment. Next, she negotiated a settlement. RMS rejected her first offer of 60% but accepted 65%. Diane now follows a payment plan and rebuilds her credit.

Get Your Settlement Agreement in Writing

Never accept a settlement over the phone. Always get written confirmation before paying anything.

Your written agreement should include:

The settlement amount
Payment terms and deadlines
Confirmation that payment satisfies the debt
Agreement to stop collection activities
Promise to report the account as settled

Keep copies of all documents. Store emails, letters, and payment confirmations safely.

Without documentation, RMS could claim you never settled. They might sue you again for the same debt.

What Happens If You Ignore RMS?

Ignoring RMS makes things worse. The harassment escalates. The debt grows with interest and fees.

Eventually, RMS files a lawsuit. Without your Answer, they win by default. The court grants them powerful collection tools.

RMS can then:

Garnish up to 25% of your wages
Freeze your bank accounts
Place liens on your property
Add legal fees to your debt

You lose negotiating power once a judgment exists. Settling becomes harder and more expensive.

Take Action Against RMS Today

Debt collection calls feel overwhelming. But you have more power than you think.

Validate your debt first. Ensure RMS can prove you owe the money. If they sue you, file an Answer immediately to protect your rights.

Then negotiate a settlement that works for your budget. Most collectors accept less than the full amount.

Our partner Solo helps you respond to RMS lawsuits and negotiate settlements. You can handle everything online without talking to collectors on the phone.

Stop the harassment. Protect your wages. Resolve your debt on your terms.

Frequently Asked Questions

What is Receivables Management Services?

Receivables Management Services (RMS) is a debt collection agency and debt buyer based in Florida. They collect various types of debts including credit cards, medical bills, consumer loans, and landlord receivables. RMS either works on behalf of original creditors or purchases debts at a discount and collects the full amount from consumers.

How do I validate my debt with RMS?

Send RMS a debt validation letter requesting proof of the debt. They must provide the original creditor's name, total amount owed, evidence connecting you to the debt, date of last payment, age of the debt, and their collection license number. Failing to validate debt violates the Fair Debt Collection Practices Act.

Can I negotiate a settlement with Receivables Management Services?

Yes, you can negotiate a settlement with RMS for less than the full amount. Most debt collectors accept between 40-70% of the original debt. Start by offering 60% and negotiate from there. Always get the settlement agreement in writing before making any payments.

What happens if I ignore a lawsuit from RMS?

Ignoring a lawsuit from RMS results in a default judgment against you. RMS can then garnish up to 25% of your wages, freeze your bank accounts, and place liens on your property. You typically have 14-28 days to file an Answer and avoid default judgment.

How do I stop RMS from calling me?

Send RMS a cease and desist letter to stop phone calls. Under the FDCPA, they must stop contacting you except to confirm they received your letter or notify you of specific actions like filing a lawsuit. They cannot call before 8 a.m. or after 9 p.m., and cannot call more than once per day.

Resolve Debt with Receivables Management Services (RMS)