MBA Law Offices is a law firm and debt collector that works with healthcare organizations to recover unpaid bills. MBA Law Offices/Capio has probably reported your debt to one or more credit bureaus if they are calling you and writing letters saying you owe them money. Removing their account from your credit history is the most crucial step when dealing with MBA Law Offices. In this article, we’ll examine how to do that by looking at how to delete MBA Law Offices from your credit report. Please keep reading.
What Is Capio/MBA Law Offices?
The last name on that list, MBA Law Offices/Capio, denotes a collaboration between Mitchell D. A second debt collection firm called Capio Partners, LLC, as well as Bluhm & Associates (MBA). If two companies are vying to recoup your medical debt, you might get correspondence from “MBA Law Offices/Capio.”
Generally speaking, Capio Partners collects medical debt on behalf of healthcare providers, which means they most likely work for the hospital or clinic you initially owed money to. Your provider may sell your debt to CF Medical, LLC, which MBA Law Offices represent, if it becomes seriously past due and they become convinced you won’t pay.
How Do MBA Law Offices/Capio Work?
Businesses occasionally hire debt collectors to contact, write, and process payments from customers who have made late payments.
However, there are times when debt collectors buy your debt directly from the business you owe money. Nevertheless, as soon as a collection agency receives your debt, they will notify the credit reporting agencies of your delinquency.
Your report will then receive a collections entry, which is kept there for seven years.
Even if you pay MBA Law what you owe, unless you obtain their permission to have the entry removed from your report, it will still be present. Therefore, we’ll explain below how to request that the agency remove your entry.
MBA’s collection entry might only reduce your score a few points, but it could have a more negative impact on your score depending on the balance in your account, the number of negative entries, and other variables.
The organization will continue to contact you via phone calls and letters until you make payment.
How To Remove MBA Law Offices/Capio From Your Credit Report?
Get Proof Of The Debt
Prior to anything else, be aware that the FDCPA gives you one month to contest a collections entry on your credit report. This means that you have 30 days to mail a debt validation letter to MBA Law.
The agency is required by law to provide proof of the debt if you submit this letter within that time frame. This might contain crucial information about your initial lender or provider, your account number, and dates related to your account.
If the agency has that knowledge, they are legally permitted to continue pursuing payments from you. If not, they will have to give up trying to collect and take appropriate action with the credit reporting agencies.
Debt validation should be the first step for both those who owe money to MBA Law and those who have been targeted as a result of inaccurate reporting.
MBA might not have the information necessary to verify your debt because it is a third-party debt collector. Consequently, you might not be required to repay your debt. You only need to send a letter, please.
Pay To Have It Deleted
Debt validation does not always go according to plan. You’ll have to try an alternative method to have the entry removed from your report if you miss the deadline for sending a debt validation letter or MBA already has the evidence it requires.
We advise you to negotiate a pay-for-delete agreement rather than simply paying the agency what you owe. In this case, you pay a predetermined portion of your debt in return for the debt being immediately removed from your report.
The collection entry will remain on your credit report for seven years if it is not removed. Debt collectors are likely to open to negotiating a lower amount because they buy debts at a low price. As a result, you might be able to have the collection entry removed while only making a partial payment.
Just make sure you negotiate with MBA in writing. Your agreement will then be fully documented in case you encounter any difficulties having the entry deleted. Your payment should be promptly updated in the credit bureaus.
You should follow up with the agency and the bureaus if the entry remains on your report more than a month after you make payment.
Use A Credit Repair Service
There is an alternative if you don’t like the idea of speaking with a collections company directly to dispute a debt or work out a payment plan. A credit repair business can make it simple for you to remove the agency from your credit report, thereby minimizing your inconvenience.
Realistically, a single collection entry won’t have much of an impact on your score, but when combined with other elements, it can have a significant negative impact.
Credit repair businesses are experts at handling all types of credit problems. Whatever the state of your credit score is, they can create a custom plan to raise it.
Credit repair services can be very beneficial, whether you’re just trying to work out a debt settlement with the collectors or you have more serious problems like bankruptcy, judgments, or liens.
To see what each company has to offer, you might want to start by looking through our list of the best credit repair businesses. Don’t wait another day whether you want to get MBA Law off your report on your own or are looking for assistance.
Use the information above, and get to work right away to raise your score. You’ll be appreciative of yourself later.
Your Rights When Dealing With MBA Law Offices
In the US, there are strict rules governing what a debt collector can and cannot do. The Fair Debt Collection Practices Act, for instance, forbids the use of abusive or dishonest methods to collect a debt. Additionally, the FDCPA gives you a number of rights to prevent collection agencies from taking advantage of you. In particular:
- MBA Law Offices reporting false or incomplete information on your credit report is illegal under federal law.
- You are entitled to ask for the debt verification of an alleged debt. Send a letter of debt validation to the collection agency. They have 30 days under the law to demonstrate to you that the debt is actually yours and that the total is correct.
- MBA Law Offices may not use abusive language when speaking to you, make repeated calls to you, or publicly list your debtors.
- MBA Law Offices must be upfront and true to themselves about who they are and what they are trying to accomplish. They have to tell you in writing and verbally that they are a collection agency.
- MBA Law Offices are not permitted to threaten to have you arrested or to take legal action that they do not intend to take.
Will MBA Law Offices Sue Me Or Garnish My Wages?
When trying to collect a debt, a collection agency might turn to litigation, but if you work with a legal team like Lexington Law, you won’t need to be concerned.
With their assistance, you can potentially have the collection account removed from your credit report by disputing it with the three main credit bureaus. It’s also possible that MBA Law Offices will disappear without a trace.
Get in touch with Lexington Law to find out how they can protect your legal rights, get lawsuits off your record, and raise your credit scores by removing damaging items from your credit report.
Should I Pay MBA Law Offices/Capio For Delete?
It would be ideal to settle with MBA Law Offices/Capio and have the credit reporting agencies remove it from your report. The only issue is that paying a debt in collections changes your credit report status from “unpaid” to “paid.” As a result, your collections continue to be listed on your report for 7 years (starting from the date of the first delinquency). Your credit is still impacted, so.