Paramount Recovery Systems LP is a debt collection agency which receives a lot of consumer complaints to our law firm for debt harassment. Find out who they are, why they might be calling, and how you can stop them.

Quick links:

Have questions? Call us now at 844-685-9200 for a Free Case Evaluation.

Our services are absolutely FREE to you.

The harassing company pays our fees.

Who is Paramount Recovery Systems LP?

Paramount Recovery Systems, LP is a third-party collection agency based in Texas that specializes in medical debt collection. Paramount has received many consumer complaints alleging violations of the Fair Debt Collections Practices Act (FDCPA) such as failure to verify debts, false statements, and attempts to collect debts not owed.If you are concerned because you have been contacted by this debt collector, make sure you understand your rights before responding.

Is Paramount Recovery Systems a scam?

According to the Better Business Bureau (BBB), Paramount Recovery Systems, LP was founded and incorporated in 2001 in Texas and is currently located in Waco. The BBB established a profile page for Paramount in 2002. Buzzfile estimates Paramount’s annual revenue at $3.2 million and the size of its headquarters staff at 40 people.

Paramount Recovery is a third-party debt collection agency specializing in medical debt collections. Paramount services debt from dental offices, hospitals, private medical practices, and emergency service providers. Representatives are trained third-party collection agents who use technology-assisted skip tracing, letter writing campaigns, and call centers equipped with “collection-based” predictive dialing systems. Each client is assigned a team of collectors led by a senior-level manager who monitors “key performance indicators” and monthly feedback to identify the reasons for delayed payments.

Paramount cites compliance with the Fair Credit Reporting Act (FCRA), the Fair Debt Collections Practices Act (FDCPA), and all local and state regulations. Their Resources page includes links to many outside sources of legal, financial, and governmental information.

Although Paramount Recovery Systems certifies its collectors in customer service and sensitivity training, they take an aggressive approach to medical collections. They advertise a policy of viewing medicine, healthcare, and emergency services not as a necessary public service, but as a business like any other. For example, they are committed to emergency department physician collections that provide “superior customer service; [d]eliver decision-ready information…so you can run your business better; and [m]eet or exceed your debt recovery goal.” Paramount’s effective management of “credit functions…translates into higher profits for your business…to help increase cash flow and profit.”

How many Complaints are there against Paramount Recovery Systems LP?

The BBB has closed 45 complaints against Paramount Recovery Systems in the past three years, with 31 closed in the past twelve months. Most of the complaints allege problems with billing and collection, with 5 complaints alleging problems with customer service. The BBB has given them a rating of B+. The Consumer Financial Protection Bureau (CFPB) has logged 47 complaints against Paramount since June 2015. Justia lists at least 5cases of civil litigation in which Paramount was named as a defendant.

Contact Information

Paramount Recovery Systems, LP
7524 Bosque Blvd., Suite L
Waco, TX 76712
Telephone:1-866-250-7007
Website: http://www.paramountrecovery.com/

Can Paramount Recovery Systems Sue Me or Garnish My Wages?

It is illegal for a debt collector to threaten to sue you or garnish your wages. It is also unlikely Paramount Recovery would sue you for a debt you may not owe or they cannot validate. However, debt collection agencies are known to have summoned debtors to court and garnish wages after a default judgement. Contacting an attorney BEFORE this could possibly happen would be a smart move. We’ve helped thousands of consumers fight back against unscrupulous debt collection harassers. Find out if we can help you too today!

Click 844-685-9200 ☎ NOW to call us or go ahead and fill out our Contact Form. Our services are absolutely FREE to you

Can you help me file a No Fee Lawsuit against Paramount Recovery Systems LP?

Absolutely. Here are some Sample Cases filed in Federal Court

The Consumer Financial Protection Bureau (CFPB) posts the details of consumer complaints who allege violations of consumer protection laws such as the FDCPA. Following are some examples ofcomplaints consumers have alleged against Paramount. In June 2017, a complainant contacted Paramount about negative items that appeared on his credit report. Paramount helped him determine that the items were the result of emergency room visits, but the complainant said he had no knowledge of the charges because he had insurance and the location of the emergency rooms was neither close to his residence nor in his provider network. The complainant alleged that a Paramount representative hung up on him when he requested copies of the bills and that the documentation he did finally receive appeared fraudulent and was missing key information. In April 2017, a complainant’s annual credit report review revealed negative items reported by Paramount. She was unaware of unpaid medical bills, so she contacted Paramount for verification. Paramount sent several pages of documentation that “shocked and outraged [her] by the amount of private medical information provided.” She confirmed that “in certain circumstances limited information can be provided in an attempt to collect…a debt,” but insisted that the information contained in the documentation she received went “far beyond that and is a serious violation of [her] rights under HIPAA.” She claimed the information included “detailed information about [her] medical conditions, [d]octors, insurance, procedures, symptoms…religion, [her] husband ‘s information, as well as information to contact [her] husband ‘s employer.” Furthermore, “none of the documents…contain[ed] [her] authorization for [her] medical provider to release any information to a 3rd party company.” In both cases, the CFPB indicates Paramount believed itself to be acting appropriately as authorized by contract or law.

Paramount Recovery Systems Calling You?

Understand your debt collection rights

The Fair Debt Collections Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA) are enforced by the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB). The FDCPA regulates the behavior of collection agencies by prohibiting actions such as the use of abusive or threatening language; harassment; or the use of false or misleading information to collect a debt.

The FCRA regulates how collection agencies and creditors report delinquent debts to credit reporting agencies. Additional consumer protection laws include the Telephone Consumer Protection Act (TCPA) and the Consumer Financial Protection Act (CFPA). The complaint above illustrates how these laws can be extremely effective tools to hold accountable collection agencies who fail to adhere to their provisions.

These laws also provide individuals with a means to seek monetary damages in court. For example, the FDCPA allows consumers who have been violated to recover damages of up to $1,000, plus attorney fees and court costs.

Seek legal assistance to find the relief you may be entitled to if you are having difficulty resolving disputes with a debt collection agency.

Want to Stop Paramount Recovery Systems Debt Collection Harassment Now?

Your debt harassment checklist:

  • You are receiving multiple calls per week from third party collection agencies
  • You are receiving early morning or late night calls from debt collectors
  • You are recieving calls at work from a debt collection agency
  • Debt collectors are calling your friends, neighbors, or coworkers
  • Collectors are threatening you with violence, lawsuit, or arrest
  • A debt collector attempts to collect more than you owe
  • You are being threatened with negative credit reporting
  • A debt collector attempts to intimidate you
  • Criminal accusations are being made towards you
  • Use of obscene language during an attempt to collect
  • Automated robocalls are being made to your phone in an attempt to collect

If you’ve been harassed by debt collectors and even one of these has happened to you, we can help. We will fight for your rights.

We can make them STOP!✋

The Lemberg Law legal team is committed to holding debt collectors accountable, so complete our form for a FREE case evaluation, or call  844-685-9200 NOW.

What Our Clients are Saying

“We realize that ours is only one little case among many — and a lot more serious — but are heartened by the fact that you accepted it represented us with a professionalism that belied the dollar amount.”

“I am so blessed that through this dreadful, terrifying encounter, your company was there to help me. I can not thank you enough”

“Never did I feel anything less than your most important customer. I love your service, and wish that more people were aware that there was a remedy for these vile creatures that call themselves collectors. Do not get me wrong, I pay my debts, or at least attempt to, but those agencies are aware of what they’re doing is illegal and know that the person on the other end of the line probably does not know that.”

Can You Help Me Delete Paramount Recovery Systems from My Credit Report?

Chances are good that we can help.  Call us today and we’ll explain.

Sound Off!

Have you had a bad experience with this agency’s debt collectors? Sound off and share your experience with other visitors in the comment box below.

2 COMMENTS
  • RON RODRIGUEZ

    Hello. I was thirty one days late on my loan from Wilshire Consumer Credit. My loan was always due on the 4th day of the month. This month I went over pass June 4th and on June 6th at 4:28am in the morning, Paramount Recovery Service towed my car. Neither Wilshire or Paramount did not leave any repossession notice at my house or even a phone call. Then the following Monday June 11, I went to Walmart and I paid the outstanding balance to Wilshire through Moneygram in the amount of $1098.18. But when I went to their website to see my actual balance the I needed to pay was only $694.53. The extra amount of $402.65 was extra charge for the towing and late fees. After I was done with all the paper work that I completed. I called Paramount and give her the Vehicle Release form from the City Hall of Santa Ana, she said that I need to call back the next day and pick up the car in Simi Valley. I looked on Google maps of their location in Simi Valley. From Lake Forest here in Orange county the distance to Simi Valley is 83 miles one way. I have asked the woman if they are going to bring the car here in lake forest where I live. And she said that I would have to go and pick up the car my self. I did not have any car and with Lyft or Uber it will cost me $120.00 one way to go to Simi Valley. I called back Wilshire Consumer and spoke to Thalia Santos again. She was my contact person when I got the reference number from Moneygram so that she can process the paper work in order for the car to be released by Paramount Recovery. I was very upset as to why my car ended up all the way in Simi Valley and why Paramount bring the car here to where I live when initially they took the car. I have asked Thalia that is this how you and this company threat your customer and I told her that I have never heard of a towing company keeping the cars they take so far from the location that they initially towed the car. I am wondering as to why Paramount drives all here to Orange County. their two location are in Simi Valley which is 83 miles from here and the Ontario location is 53 miles away. According to Thalia that they have no control of where the cars are kept by these Towing Companies that they do business with. Both of these companies are crooks and they are both robbing the consumer. I had asked Thalia how come I was not notified if they were going to tow my car, even it was only 31 days late. According to her that Wilshire will take action like towing the car even their client’s account was only 31 days late and they said that the account is now in default. She said that it’s illegal for them to mention or leave a message or even send a letter stating that they start the process of repossessing the car of the client. So I ask her that it’s illegal for them to mention to their client about repossessing the car, but it’s not illegal taking the car with no letter of warning or sending the client a repossession notice. And to me this looks like their technique of over charging the client for the enormous over late charge and towing fees to screw over the consumer for the added money that they are taking. Please let me know if I should pursue legal action with both of these companies. Or even expose them of these illegal practices.

  • Christina Torbert

    A company called Liberty Process Services called me and managed to get money out of me by threatening to force me to go back to california. I paid thinking it was something my ex husband had done only to find a company called Paramount had withdrawn the money. They terrified me, threatened me, and I paid, they knew all my information. they used the fact i was divorced and left the state to get away from my ex to force me to pay. these companies are a scam. the only way i found out it was a scam was after i had paid a friend at work got the same call only she was smarter. I hope no one else goes through this

Leave a Reply or Comment

Write a comment below to share online. Or, instead can to our legal team.
Phone & email are required but will not be published.

Briefly describe the problem Briefly describe the problem

What’s your name? What’s your name?

What’s your phone number? What’s your phone number?