How to Settle Debt With American Profit Recovery

George Simons | February 01, 2025

Fact-checked by Patrick Austin, J.D.

Patrick Austin
Attorney from George Mason
Patrick Austin, JD

Patrick Austin is a licensed attorney with a background in data privacy and information security law. Patrick received his law degree at George Mason University's Antonin Scalia Law School, where he served as the Editor-in-Chief for the National Security Law Journal.

George Simons
Co-Founder of SoloSuit
George Simons, JD/MBA

George Simons is the co-founder and CEO of SoloSuit. He has helped Americans protect over $1 billion from predatory debt lawsuits. George graduated from BYU Law school in 2020 with a JD-MBA. In his spare time, George likes to cook, because he likes to eat.

Edited by Hannah Locklear

Hannah Locklear
Editor at SoloSuit
Hannah Locklear, BA

Hannah Locklear is SoloSuit’s Marketing and Impact Manager. With an educational background in Linguistics, Spanish, and International Development from Brigham Young University, Hannah has also worked as a legal support specialist for several years.

Summary: American Profit Recovery is a legitimate, nationwide debt collection agency. If you’ve been sued for a debt, use Solo to respond in minutes to avoid default and contact American Profit Recovery to negotiate and explore your options for settlement.

Can a regular consumer like you go up against a big debt collector like American Profit Recovery? Absolutely. Solo is here to help.

American Profit Recovery (APR) aims to help its clients recover money from defaulted accounts. Their mission is simple—help creditors improve cash flow by getting invoices paid.

If you’ve been contacted by APR about an unpaid debt, do not fret. You have options and different pathways to reach a resolution on the debt collection matter. For example, you could try and negotiate a debt settlement whereby you wind up paying an amount lower than what is owed.

This article answers the following questions: Who is American Profit Recovery? What should you do when they contact you? What if American Profit Recovery sues you? Keep reading to find out.

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You can negotiate debt settlement at any stage of the collections process. SoloSettle makes it easy.

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What is American Profit Recovery?

American Profit Recovery is not a scam. It's a legitimate, nationwide third-party debt collector with offices in Michigan, Massachusetts, and North Carolina.

Unlike many debt collection agencies, the Better Business Bureau highly regards American Profit Recovery. So far, it has a 100% response rate on its BBB profile. And although the company is not BBB accredited, it has an A+ rating.

Below is American Profit Recovery’s contact information:

  • Phone: 833-434-4400
  • Massachusetts office: 31 Hayward St Suite 2A-213, Franklin, MA 02038-2169
  • Michigan office: 34505 W. 12 Mile Rd., Suite 333, Farmington Hills, MI 48331
  • Website: https://www.americanprofit.net/

American Profit Recovery reviews can help you prepare to negotiate

Many people have gone online to share their experiences engaging with American Profit Recovery to discuss a debt collection matter. Learn more by checking out the following reviews:

Objectively speaking, the online reviews of American Profit Recovery are up and down (some good and some not so good). Despite the mixed reviews, it is recommended that you take proactive steps to try and resolve your debt issue with American Profit Recovery. Establishing a line of communication is a more effective strategy than simply ignoring their outreach. If you reach out to ARP, you stand a better chance of reaching a resolution, such as a negotiated debt settlement.

Use these tips to negotiate a debt settlement with American Profit Recovery

You have the option to initiate settlement talks with American Profit Recovery, even after a debt collection lawsuit has been filed. Below are some recommended steps you can take to try and settle your debt with American Profit Recovery:

  1. If you’ve already been served with a Summons and Complaint on a debt collection lawsuit, make sure to file an Answer in a timely manner.
  2. Once you’ve responded to the debt collection lawsuit, conduct an assessment of your finances. This calculation should include your current funds, monthly income, fixed expenses, etc. You can then use our settlement formula to figure out what you can reasonably pay in a negotiated settlement. Here’s the formula: Amount available to settle = (monthly income – monthly costs) + savings)
  3. Contact American Profit Recovery to kick off settlement talk. Convey your opening settlement offer and ensure this offer is less than the maximum amount you can actually pay toward the debt. This is important because it gives you some flexibility to engage in negotiations with the debt collector.
  4. Be prepared to go through multiple rounds of negotiations with APR.
  5. If you are able to reach an amicable debt settlement agreement, make sure to get the terms and provisions in writing.

To learn more about how to negotiate a debt settlement, check out this video:

Send a debt validation letter to American Profit Recovery

Accounts can change hands before reaching American Profit Recovery. In the process, valuable information may be lost, and you can use missing or lost information to your benefit. It's possible to have a debt collector asking you to pay more than you owe or collecting on a fully paid account.

So, when a debt collector contacts you, you should ensure that their records are accurate.

A debt validation letter can help you get the details you need. The burden of proof is on APR. They should provide a complete account history, including the contracts you signed. If APR fails to prove that they legally own the account, and that the debt amount is factual, they will be forced to stop their collection efforts.

Now, let’s consider an example.

Example: Anna got the assistance she needed when a debt collector repeatedly contacted her. Tired of the calls and emails, she decided to find help. She found SoloSuit’s website while desperately searching for answers online. With no idea what to do, she went to her search engine and typed what seemed closest to her concern - "Respond to a collection letter." It was just what she needed. After creating an account with SoloSuit and answering the simple questions, she was surprised to see that her Debt Validation Letter was ready. All she needed to do was to mail it to the collection agency. She did. She soon learned that the debt collector would stop contacting her because they could not prove that the debt belonged to her. The debt had changed hands so much that the debt collector could not track the original contract she allegedly signed. Anna felt relieved and happy to have her life back, thanks to SoloSuit.


Will American Profit Recovery sue me?

The law allows debt collectors to file lawsuits in an attempt to recover a debt. If American Profit Recovery believes you can pay your debts but are refusing, they may file a lawsuit. Fortunately, suing consumers is not something APR often does.

If any debt collector sues you, remember to send a legal response to the Summons and Complaint. You cannot afford to ignore the lawsuit, hoping it will disappear.

Debt collection lawsuits allow you between 14 and 35 days to respond, depending on where you live. If you fail to respond before your state’s deadline the court could issue a default judgment in favor of American Profit Recovery—meaning you lose the case automatically..

Armed with a judgment, a debt collector can obtain permission to garnish your wages, place liens on your property, or freeze your bank accounts. All this could be disastrous to your financial wellbeing.

On the other hand, correctly filing the Answer allows you to present your case. Sometimes debt collectors withdraw a lawsuit simply because you responded in time, contrary to their hopes.

You can create an Answer in three easy steps with SoloSuit.

  1. Respond to each claim listed against you.
  2. Assert your affirmative defenses.
  3. File the Answer with the court, and send a copy to American Profit Recovery’s lawyers.

Learn more about these three steps in this video:

Your helping hand in engaging with debt collectors

Here's what you need to do to effectively engage with American Profit Recovery:

  • Respond to debt collection letters fast with a debt validation letter.
  • Know your rights as outlined in the FDCPA guidelines.
  • Respond to every debt collection lawsuit with a written Answer.
  • Explain your reason for not paying the debt, and negotiate to settle for less.

Solo is your helping hand to reach a resolution on your debt issue. No matter where you find yourself in the debt collection process, Solo is here to help you resolve your debt.

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How to Answer a Summons for debt collection in all 50 states

Here's a list of guides on how to respond to a debt collection lawsuit in each state:

The Ultimate 50 State Guide

Debt collector guides

Are you being contacted by a debt collector? We’re making guides on how to resolve debt with each one.

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If the thought of going to court stresses you out, you’re not alone. Many Americans who are sued for credit card debt utilize a Motion to Compel Arbitration to push their case out of court and into arbitration.

Below are some resources on how to use an arbitration clause to your advantage and win a debt lawsuit.

Bankruptcy

Bankruptcy is a great way to legally resolve debt, but it's usually best to consider it as a last resort. Here are some bankruptcy guides to help you decide which debt resolution option is best for you.

Check your case status

Don’t have time to go to your local courthouse to check the status of your case? We’ve created state guides on how to check the status of your case throughout the US, complete with online search tools and court directories.

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Debt has a big impact on your credit. Below is a list of guides on how to repair and improve your credit, even while managing major debt, along with other credit-related resources.

Debt collection FAQs

Find answers to some of our the most commonly-asked questions about debt collection below.

Debt collection documents and templates

If you're dealing with debt, these documents and templates will help you respond, protect your rights, negotiate, and resolve your debts.

Debt relief

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Debt settlement

Debt settlement is one of the most effective ways to resolve a debt and save money. We’ve created state guides on debt settlement. Find out how to settle in your state with a simple click and explore other debt settlement resources below.

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Knowing your rights makes it easier to stand up for your rights. Below, we’ve compiled all our articles on federal debt collection laws that protect you from unfair practices.

Legal aid

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Medical debt

Having a health challenge is stressful, but dealing with medical debt on top of it is overwhelming. Here are some resources on how to manage medical debt.

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Learn how to manage your finances and overcome crushing debt. Check out our personal finance guides below.

State debt collection laws

Debt collection laws vary by state, so we have compiled a guide to each state’s debt collection laws to make it easier for you to stand up for your rights—no matter where you live.

Statute of limitations on debt

Like all debt collection laws, the statute of limitations on debt varies by state. So, we wrote guides on each state’s statutes and more.

Stop collection calls

Do you keep getting calls from an unknown number, only to realize that it’s a debt collector on the other line? If you’ve been called by any of the following numbers, chances are you have collectors coming after you, and we’ll tell you how to stop them.

Wage garnishment

Forgot to respond to your debt lawsuit? The judge may have ordered a default judgment against you, and with a default judgment, debt collectors can garnish your wages. Here are our guides on how to stop wage garnishment in your state, plus other wage garnishment resources.

The Debt Hotline

Hosted by Team Solo, The Debt Hotline breaks down debt and personal finance topics with help from attorneys, financial experts, and industry pros. We respond to real questions to help you navigate debt with knowledge and courage.

Other debt resources


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