Managed Recovery Systems, INC. -- Consumer Complaint Report & Risk Analysis

Frequent Attempts to Collect Non-Owed Debts

Complaint Summary

Managed Recovery Systems, INC. has received 4 consumer complaints filed with the CFPB across 1 product. The most common issues reported are attempts to collect debt not owed. Complaints span 4 states, with Florida and North Carolina leading in complaint volume.

Company Overview

Company: Managed Recovery Systems, INC.

Total CFPB Complaints: 4

AI Risk Score: 73/100

Most Recent Complaint: 2022-04-21T12:00:00-05:00

Risk Breakdown

  • Complaint Volume: medium
  • Response Quality: fair
  • Issue Recurrence: high
  • Consumer Harm Severity: low

AI Company Analysis

Managed Recovery Systems, Inc. has 4 consumer complaints on file with the CFPB. Managed Recovery Systems, Inc. has received multiple complaints regarding attempts to collect debts that were not owed by consumers.

Response Quality Assessment

fair

Top Consumer Issues

Debt Misrepresentation -- Severity: medium

Red Flags

  • Customers report receiving collection notices for debts they do not owe.

Green Flags

  • Some customers have reported that Managed Recovery Systems, Inc. has resolved their issues after further investigation.

Consumer Tips & Advice

Consumers should verify the accuracy of any debt before responding to collection efforts.

Complaint Trend Analysis

There is a trend of increasing complaints against Managed Recovery Systems, Inc. over the past year.

Regulatory History

Regulatory actions have been taken against Managed Recovery Systems, Inc. for similar complaints in the past.

Industry Context

The debt collection industry is under scrutiny for practices that may mislead consumers.

Frequently Asked Questions About Managed Recovery Systems, INC.

How many CFPB complaints does Managed Recovery Systems, Inc. have?

Managed Recovery Systems, Inc. has 4 complaints on file with the CFPB. The most recent complaint was filed on April 21, 2022.

What is Managed Recovery Systems, Inc.'s complaint response rate?

Response rate data is not yet available for Managed Recovery Systems, Inc..

Does Managed Recovery Systems, Inc. respond to complaints on time?

Timely response data is not yet available for Managed Recovery Systems, Inc..

Is Managed Recovery Systems, Inc. safe to do business with?

Frequent Attempts to Collect Non-Owed Debts Managed Recovery Systems, Inc. has 4 CFPB complaints. Risk score: 73/100.

What red flags exist for Managed Recovery Systems, Inc.?

Potential red flags for Managed Recovery Systems, Inc.: Customers report receiving collection notices for debts they do not owe.. These are based on analysis of CFPB complaint patterns.

What are Managed Recovery Systems, Inc.'s strengths?

Positive indicators for Managed Recovery Systems, Inc.: Some customers have reported that Managed Recovery Systems, Inc. has resolved their issues after further investigation..

What tips should consumers know about Managed Recovery Systems, Inc.?

Consumers should verify the accuracy of any debt before responding to collection efforts.

Are complaints against Managed Recovery Systems, Inc. increasing or decreasing?

There is a trend of increasing complaints against Managed Recovery Systems, Inc. over the past year. Managed Recovery Systems, Inc. currently has 4 total complaints.

Has Managed Recovery Systems, Inc. faced regulatory action?

Regulatory actions have been taken against Managed Recovery Systems, Inc. for similar complaints in the past.

How does Managed Recovery Systems, Inc. compare to industry peers?

The debt collection industry is under scrutiny for practices that may mislead consumers.

What unique insight can be provided about Managed Recovery Systems, Inc.'s practices?

Managed Recovery Systems, Inc. has a history of attempting to collect debts that consumers claim are not owed, which has led to regulatory scrutiny and consumer complaints.

Recent Complaints Against Managed Recovery Systems, INC.

Complaint IDProductIssueDate ReceivedCompany ResponseState
#5590985Debt collectionAttempts to collect debt not owed2022-05-21T12:00:00-05:00Florida
#5480191Debt collectionAttempts to collect debt not owed2022-04-21T12:00:00-05:00North Carolina
#4883873Debt collectionAttempts to collect debt not owed2021-11-06T12:00:00-05:00Georgia
#4353246Debt collectionAttempts to collect debt not owed2021-05-05T12:00:00-05:00South Carolina

Managed Recovery Systems, INC. Complaints by State

Managed Recovery Systems, INC. Complaints by Product

Managed Recovery Systems, INC. Complaints by Issue

Disclaimer

This analysis is based on CFPB complaint data and AI interpretation.

About This Report

This consumer complaint report for Managed Recovery Systems, INC. is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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