What is Portfolio Recovery Associates?

Portfolio Recovery Associates also know as PRA Portfolio Recovery or PRA is one of the largest debt collection companies in the world.

This collection agency specializes in buying old debt from companies and trying to collect on it. With most cases involving charged-off debt, they can buy it for extremely cheap.

Are you being sued by Portfolio Recovery?

If you are served with a summons from PRA, you need to respond quickly.

If you fail to respond to the lawsuit, Portfolio Recovery may be able to obtain a default judgment against you.

Armed with the default judgment, the debt collection company can garnish your wages and bank accounts.

Before accepting a PRA judgment, speak with a debt defense attorney. A collections defense lawyer will explain your rights and the legal process, such as how long you have to answer the lawsuit, the proven defenses, and the impact of a judgment.