Who is Altus Receivables Management?
Altus Receivables Management, also known under various other names such as Altus GTS, Inc., Altus Global Trade Solutions, and Coface Collections North America, is a third-party debt collection agency.
They are headquartered in Metairie, Louisiana, with additional offices in numerous cities, including East Windsor, New Jersey; Delray Beach, Florida; Denver, Colorado; and Vancouver, Washington.
The role of Altus Receivables Management is to recover debts on behalf of their clients. If you have not been able to pay a bill, the original creditor may pass the responsibility of collecting the debt to Altus. As such, it’s common to see them listed on a credit report as a collection account.
Who does Altus Receivables Management collect for?
Altus Receivables Management provides debt recovery services for a wide array of industries. These include the transportation, financial services, manufacturing, and professional services sectors. They also collect for companies operating within the medical wholesale, media advertising industries, and more.
Is Altus Receivables Management legit or a scam?
Despite the changes in names and locations over the years, Altus Receivables Management is a legitimate debt collection company. They are authorized to collect debts on behalf of their clients, operating within the laws and regulations governing debt collection.
However, it is always important to verify the debts that they claim you owe. If Altus contacts you about a debt, be sure to confirm the details of the debt, including the amount, the original creditor, and the age of the debt, to ensure its validity.
How can I remove Altus Receivables Management from my credit report?
Collection accounts can impact your credit score for up to seven years, so it’s essential to address them promptly. To remove collections from your report, start by disputing any errors related to the account with the credit bureaus.
If the information is accurate, consider negotiating a “pay-for-delete” agreement, where you offer payment in exchange for the account’s removal. Another option is to work with a credit repair service that specializes in challenging collections.
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Altus Receivables Management Contact Information
Address:
Altus Global Trade Solutions
2121 Airline Drive Suite 520
Metairie, LA 70001
Phone number: (800) 509-6060
Should I contact or pay Altus Receivables Management?
Before contacting a collection agency, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.
The most effective way to deal with Altus Receivables Management is to work with a credit repair professional. They help remove millions of negative items every year from companies like Altus Receivables Management on behalf of their clients.
Will Altus Receivables Management sue me or garnish my wages?
Altus Receivables Management has the potential to sue you for unpaid debts. If other attempts at collection have failed, a lawsuit can be a tool they use to recover the owed money. However, lawsuits are generally viewed as a last resort because they can be time-consuming and costly.
If Altus sues you and obtains a judgment in their favor from the court, the exact consequences depend on the laws in your state. They might have the ability to garnish your wages, levy your bank account, or even place a lien on your property.
Altus Receivables Management Complaints
Most third-party collection agencies have numerous complaints filed against them with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you are being harassed, consider filing a complaint.
You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These rights include disputing credit reporting errors and being treated fairly and respectfully by debt collectors.
Your Rights When Dealing with Altus Receivables Management
Debt collectors must follow state and federal laws. For example, the FDCPA prohibits a debt collection agency from using abusive, unfair, or deceptive practices and ensures your rights are protected:
- It is a violation of federal law for Altus Receivables Management to report inaccurate or incomplete information about you.
- You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. They have 30 days to prove the debt is yours and the amount is accurate.
- Altus Receivables Management cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- Altus Receivables Management must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
- Altus Receivables Management cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove Altus Receivables Management From Your Credit Report Today!
Credit Saint offers assistance with disputing Altus Receivables Management accounts. With over 15 years of experience, they have worked with clients to address incorrect entries on credit reports.
If managing collection accounts feels overwhelming, working with a trusted credit repair company could be a helpful step toward improving your credit.
Visit their website or call (855) 281-1510 for more details.
