Saturday, October 29, 2011

Is Portfolio Recovery Associates one of the 100 BEST Small Companies in the US?
The Googleteer checks it out.

Portfolio Recovery Associates, Inc. has been named by Forbes magazine as one of the Top Small Companies in the US. If you are a consumer lawyer, you are already headed for the vomit bag - but it gets worse. PRA made this list in 2007, 2008, 2009, and 2010.
You have to wonder if Forbes got their lists mixed up. The Googleteer(tm) wondered. He flew in the window after a much overdue vacation and did the following search

"portfolio recovery associates" (complaint OR complaints)

More than 69,000 hits.

These complaints are not frivolous. PRA is among the worst of the "bottom feeder" or "zombie" debt collectors. Just last year, Portfolio Recovery Associates was in the news for using affidavits signed by Martha Kunkle to prove its debt. Who is Martha Kunkle? she was a woman who died more than a decade before her signature was affixed on the affidavits.

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