Altisource

Altisource is based in Atlanta, Georgia, and has been operating since 2009. The CEO is William B. Shepro. Altisource specializes in providing technology and services tailored for the real estate and mortgage industries.

Need Help with Collections?

Contact us today at (716) 355-0119 for a free credit consultation. Our experienced paralegals are ready to assist you.

You can also reach us via email at info@cpgcomplete.com.

BBB Reviews on Altisource

Complaint Type: Billing/Collection Issues

A consumer reported receiving a call from Kristie at Altisource requesting personal verification. The caller provided no reason for the call, leaving the consumer concerned about the legitimacy of the contact.

Complaint Type: Billing/Collection Issues

Another consumer disputed a debt that appeared on their credit report, claiming they had no knowledge of it and requested removal from their records.

Complaint Type: Billing/Collection Issues

One consumer accused Altisource of being a debt buyer who could not validate a claimed debt, leading to demands for removal from their credit report.

Can You Remove Altisource Collections?

Yes, depending on your circumstances, you may be able to remove, settle, or improve your collections. It’s advisable to have your account reviewed by a professional to determine the best action. Contact us today to explore your options.

Should You Pay Altisource?

Contacting a collection agency can have negative repercussions. Making payments can reset the debt clock, potentially worsening your situation. However, if the debt is new and verified, payment may be necessary.

Working with a professional credit repair service is the best way to address a collection account. These services have successfully removed millions of negative items from clients’ records.

Will Altisource Sue or Garnish My Wages?

While the likelihood is low, you can minimize risks by engaging with a credit repair service to handle disputes and potentially indemnify your credit report. This proactive approach will help protect you from future conflicts.

Understanding Wage Garnishment

Wage garnishment is a court-ordered method where an employer withholds an employee’s paycheck to settle debts. Altisource cannot threaten foreclosure or property auctioning due to unpaid debts.

Filing Complaints Against Altisource

If you experience harassment from a collector, you should file a complaint with the Consumer Financial Protection Bureau (CFPB) or the Better Business Bureau (BBB). Both agencies offer support against collection harassment.

The Fair Credit Reporting Act (FCRA) protects consumers from false accusations and harassment from collectors.

Impact of Collections on Credit

Several actions can harm your credit score, including missed payments and exceeding credit limits. Late payments can lead to collections, which negatively affect your credit history.

Collections agencies communicate regarding credits, and any red flags on your account can tarnish your credit score.

Your Rights When Dealing with Altisource

The U.S. government enforces strict regulations limiting collectors’ activities. The FCRA protects consumers from harassment and ensures fair practices in debt collection.

• Your personal data, including credit card information and billing reports, is protected.
• Altisource cannot publicly identify you as a debtor or harass you about your credit report.
• They must validate their authority to collect debts and provide documentation.
• Your credit report should remain free of inaccurate data reported by Altisource.
• Collectors have 30 days to validate claims made on your credit report.
• FCRA restricts legal actions unless a court is involved.

Tips for Managing Altisource Collections

Avoid direct communication with collectors. If they persist, request all communication in writing. Keep a record of any correspondence.

Do not act guilty or hide assets. Provide accurate personal information, and avoid giving in to manipulation tactics.

Stay vigilant and do not accept any unsolicited offers from collectors, as these may be traps.

What is Altisource?

Altisource is involved in debt collection, and many complaints against them cite violations of the Fair Debt Collection Practices Act (FDCPA). Understand your rights before making contact.

Is Altisource a Scam?

Altisource is a legitimate debt collection agency. However, many individuals report feeling that their rights were violated during the collection process.

Who Does Altisource Collect For?

Altisource may collect debts for various clients, including credit card companies and student loans. If they contact you, it’s essential to address the matter promptly.

Complaints Against Altisource

Numerous complaints exist regarding Altisource, and their BBB profile reflects a low review score. Many claims involve FDCPA violations and false debt reporting.

Can Altisource Sue or Garnish My Wages?

It is illegal for Altisource to make empty threats regarding lawsuits or wage garnishment. Contact us immediately to safeguard your assets.

Can You File a No Fee Lawsuit Against Altisource?

You can sue a debt collector, but resolving the issue before pursuing legal action is often less stressful and more effective.

Are You Receiving Calls from Altisource?

Familiarize yourself with the FCRA provisions to understand your rights and the limitations on collectors.

Can I Sue Altisource for Harassment?

You have the authority to sue if your consumer rights under the FCRA are violated. Compensation for damages can reach up to $1,000 for affected consumers.

Want to Stop Altisource Harassment?

Grounds for lawsuits include:

• Inappropriate call times.
• Disclosure of personal information to third parties.
• Collectors demanding more than what is owed.
• Use of abusive language.
• Threats of violence or property damage.
• False accusations of federal crimes.
• Contacting employers regarding your credit.
• Use of intimidation tactics.