How to Negotiate Debt With Alpha Recovery Corp

ALERT: Alpha Recovery Corp is no longer in business. They may have transferred your account to a different debt collector, but you may still find the company in your account history.

Alpha Recovery Corp collects past-due student loans and credit card debts. Before filing a lawsuit, the company will contact you to collect the debt. Alpha Recovery may take the matter to court if calls, messaging, and letters do not work. For most consumers, debt collection lawsuits are scary. They often cannot afford attorney fees and worry they cannot face the debt collector alone.

Solo has designed software to help consumers resolve debt without feeling overwhelmed. With this software, you can communicate with debt collectors, respond to lawsuits, and settle debts without hiring an attorney.

Understanding how a debt collector works prepares you to work with the company. Let’s begin by learning about Alpha Recovery, and then we will discuss how to resolve a debt collection lawsuit with them.

Who is Alpha Recovery Corp?

Alpha Recovery Corporation is a nationwide third-party debt collection agency. It specializes in collecting retail credit cards, student loans, auto deficiencies after repossessions, and installment loans. They often purchase debts from creditors who have given up collecting on those accounts. Alpha Recovery Corporation is based in Colorado but has a second office in Tempe, AZ.

After a debt has gone 180 days without payment, it is common practice for creditors to sell it to third-party collectors like Alpha Recovery Corp. If one of your debts has goes to Alpha Recovery, you will see the agency on your credit report as a new creditor. If the debt is legitimate, they will attempt to collect it and may eventually sue you.

Below is the Alpha Recovery Corporation phone number and other contact details if you need to discuss the debt (note that you probably won’t be able to reach anyone since the company went out of business):

• Phone: (877) 359-8714
• Address: 6912 S. Quentin St. #10, Englewood, CO 80112
• BBB profile

Who does Alpha Recovery Corp collect for?

At first, many consumers do not recognize an Alpha Recovery Corp entry on their credit report. That is because it is a third-party debt collector. Your first interaction with the company is after you default on a debt.

Alpha Recovery Corp's website states that they specialize in four areas: collections, purchasing, asset sales, and consulting. They collect past due debt in most industries, such as consumer credit card debt, installment loans, secured and unsecured loans, auto repossessions, student loans, and retail credit cards.

Read Alpha Recovery Corp consumer reviews online

A quick review of what fellow consumers say about Alpha Recovery Corp can prepare you for the debt lawsuit resolution journey. Read online reviews on the following platforms.

Alpha Recovery Corp reviews on the BBB

Alpha Recovery Corp reviews on the CFPB database

The differing opinions are based on each consumer’s experience with the company. You will be surprised how many consumers have resolved their debt with Alpha Recovery Corp by responding to their communication and staying proactive throughout the process.

Alpha Recovery Corp has taken me to court. What next?

If Alpha Recovery Corp sues you, you have options. You could hire an attorney to respond and represent you in court hearings and negotiations. If that is too expensive, you could do it yourself. One option you do not have is to ignore the lawsuit. Not only will the debt not go away, but the court may also award a default judgment, which may lead to the loss of wages, money in your bank account, or other property.

Self-representing consumers have found SoloSuit helpful. The Answer document helps them draft a response in minutes. After filing the response, you may engage Alpha Recovery to seek an out-of-court remediation.

Debt resolution starts long before a lawsuit. If a debt collector contacts you, do the following to ensure the debt is yours and all the details are correct.

Verify the debt

Before the lawsuit begins, you can ask Alpha Recovery to verify the account they are contacting you about. You can do this by sending a debt validation letter. When a collection agency contacts you about a debt, they must send a written verification within 5 days. That verification letter should contain the facts about the debt — the exact amount owed, the original creditor, etc. You should send a debt validation letter within 30 days of Alpha Recovery's initial contact.

SoloSuit's founder describes the process of drafting and sending a debt validation letter in this video:

Respond to the lawsuit.

The next step is to respond to the lawsuit by filing a written Answer. You should receive a Summons and Complaint informing you of a lawsuit—the Complaint document lists why the debt collector is suing you. The Summons should list a date by which you must respond. The court may issue a default judgment if you don't respond before the deadline.

The first step to responding to the Summons and Complaint is to draft a written Answer document. In your Answer, you should respond to each allegation listed in the Complaint.

Here are six helpful hints for drafting an Answer:

• The Answer isn't the place to tell your side of the story
• Denying the allegations lets Alpha Recovery back their claims
• Include your affirmative defenses
• Use standard formatting or “style.”
• Include the Certificate of Service
• Sign the Answer

To learn more about these tips, check out this video where SoloSuit's founder describes the best way to draft an effective Answer:

After you've drafted your Answer, file it with the court. You should also print a copy and mail it to the attorney for Alpha Recovery Corp (this information should be in the Summons and Complaint documents). SoloSuit can file your Answer for you. An attorney will review your documents before filing to ensure you have the strongest case possible.

It is important to note that an Answer is only the first step in protecting your rights in a lawsuit. You will need to monitor the progress of your case, answer an requests for information from the court, and show up for all scheduled hearings until the lawsuit is resolved.

SoloSuit can help you file an Answer in all 50 states.

Alpha Recovery may not have sufficient information to sue you

If you request documentation and a debt collector cannot provide it, they may not have enough evidence to sue you. For example, some accounts exchange hands several times before ending with Alpha Recovery Corp. The paper trail may be too long to track, and the debt collector may give up on the lawsuit.

Remember that withdrawing the lawsuit may be a temporary setback and that if the debt belongs to you, the debt collector may regroup, get their papers in order, and try collecting again. The best option out of a genuine debt is to pay it or work out a settlement plan with Alpha Recovery.

You can also look into the statute of limitations on debt in your state, which is the period within which a creditor or debt collector can sue you. This period can vary between states but typically lasts four to six years.

Settle the debt before your court date

Another viable method of ending a debt collection lawsuit for less than you owe is to settle the debt. Settling the debt means paying less than you owe, and Alpha agrees to forgive the amount you cannot afford. Debt settlement may be viable for struggling consumers who can raise a lump sum one-time payment.

The debt settlement process is straightforward. Follow these step-by-step directions to settle your debt with Alpha Recovery Corp.

1. Evaluate your personal finances and determine how much you can offer to pay. While some debt collectors will work with you on an installment plan, you will often receive the best deal if you can offer a lump sum payment.
2. Start the settlement negotiation by sending Alpha Recovery a proposal to settle the debt. This kicks off negotiations, but don’t be surprised if you receive a counteroffer.
3. Once you’ve reached an agreement with Alpha Recovery, make sure you receive a written settlement agreement signed by both parties. Keep this for your records, as it is proof that you resolved the debt.
4. Send your payment in on time.
5. If Alpha Recovery has sued you, make sure that you receive notice from the court that the case has been dropped.

If a lawsuit is already in place, respond to it before preparing the proposal. It is costlier to lose the lawsuit. As mentioned, ensure you beat your state’s filing deadline. Afterward, use SoloSettle to negotiate a settlement.

Watch the video below for more tips on negotiating with collectors like Alpha Recovery Corp to increase your chances of settling debt: