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How to Settle Debt With P&B Capital Group

George Simons | January 30, 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: If sued by P&B Capital, respond promptly to avoid a default judgment. Negotiate a debt settlement or assert your rights under the FDCPA to resolve issues.

If you are being sued in court for debt, it is essential you know what you are dealing with, and how to handle the case. Debt lawsuits can be expensive, and if you do not answer in a timely manner this can open up other avenues for debt collection, such as wage garnishment and taking funds directly from your account.

If you have noticed a debt collection lawsuit from P and B Capital Group, you may wonder if this is a legitimate company and how to respond. Here's everything you need to know about P and B Capital Group and how you can take proactive steps to resolve your debt issue, including negotiating a debt settlement.

Settle debt with P&B Capital Group

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

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What is P&B Capital Group?

P&B Capital Group, LLC (P&B) is a third-party collection agency based in New York. Although P and B is a legitimate company. If you have been contacted by P&B, it is essential you understand your rights before responding.

Who Does P&B Capital Group collect for?

P&B Capital Group collects for credit card lenders, personal and automotive loan companies, etc. Their website does not necessarily indicate who they are employed by, or who they work for. Instead, P&B explains that its company “understands that unforeseen circumstances can occur in consumers' lives, leaving their finances in turmoil.” This means that P&B offers consumer resolutions as well.

Negotiate with P&B Capital Group to settle your debt for less

If you owe the debt and want to avoid going through the contentious and stressful litigation process associated with a debt collection lawsuit, then you should consider negotiating a debt settlement. P&B Capital Group may agree to settle for a lesser amount than nothing at all, especially if you make a reasonable lump sum offer.

If you were served with a Summons and Complaint regarding a debt collection lawsuit, then now is the time to act and not bury your head in the sand hoping the debt will magically disappear. If you take just a few proactive steps, you could potentially get P&B Capital Group off your back and get them to accept a significantly lower amount through negotiated settlement.

The debt settlement process can be as simple as follow these steps:

  1. Respond to any pending debt collection lawsuit filed by P&B Capital Group. Filing a timely Answer is critically important since it mitigates the risk of the court filing a default judgment against you.
  2. Determine how much you can afford to put toward the balance of the debt. This calculation can be accomplished by assessing your current finances, living expenses, and the balance of the debt.
  3. Send your settlement offer to P&B Capital Group. Do not be surprised if they do not immediately accept your offer. This is perfectly normal. Prepare yourself to engage with a multi-round negotiations process.
  4. If you have success in reaching a debt settlement agreement, then make sure to get the terms in writing.

To learn more about debt settlement negotiation, check out this video explaining how you can negotiate a debt settlement on your own:

SoloSettle makes it easy to start the debt settlement negotiation process. Remember to keep copies of all agreements you negotiate and honor your part of the agreement.

Read P&B Capital Group reviews to know how to negotiate

If you are seeking intel about what other people have said about their debt collection experience with P&B Capital Group, then take a moment to check out these real online reviews:

It’s not unreasonable to say that the online reviews for P&B Capital Group are a mixed bag (some positive, some not so positive). Nevertheless, there are many reviews that show people can have a productive discussion with P&B Capital Group about a debt collection matter. Take, for example, the review published by a borrower named Molly:

“I called P&B Capital Group and spoke with Richard regarding my credit card debt. He was both kind and courteous and assisted me with removing it from my credit report. P&B was several steps above any other debt settlement companies I have dealt with in the past.”

Molly’s review reflects an important fact - proactively contacting a debt collector (rather than ignoring them) typically improves your odds of achieving a resolution to your debt issue. Effective communication is incredibly important.

Nevertheless, if the prospect of contacting a debt collector to talk about your debt gives you nightmares, then consider using SoloSettle to negotiate online and resolve your debt through our cutting-edge digital settlement platform.

Settle with SoloSettle

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Violations of the FDCPA

Harassment and abuse

Under the FDCPA, debt collectors cannot harass or abuse you while attempting to collect money. This type of behavior may include:

  • Threatening to use violence or engage in criminal behavior if you do not pay them
  • Using profane language
  • Publicizing your debts to anyone other than your spouse
  • Threatening to sell the debt if you do not pay it
  • Lying about the debt

Contacting you at inconvenient times

Debt collectors are not allowed to call whenever they wish. For example, debt collectors may only call between 8am to 9pm in your local time. They cannot call you at work either, especially if your employer prohibits such communication.. If they continue to call when you have already mentioned it is not allowed, then it is a clear violation of the FDCPA.

Text message and email

Although debt collectors can legally send text messages and emails, there are parameters. Debt collectors must provide opt-out instructions with each and every text message and email they send. This means if you send “STOP”, they must comply or they are in violation.

Deceptive and unfair practices

Under the FDCPA, debt collectors are not legally allowed to engage in deceptive and unfair practices. Deceptive practices include:

  • False representations about the amount of your debt
  • False representations regarding the legal status of your debt
  • False threats to take legal action
  • Any deceit to get you to pay

Additionally, unfair practices include calling you collect to force you to accept and pay for the call. Any practice that requires you to pay additional money other than the debt you owe is considered an FDCPA violation.

Other violations

FDCPA violations also extend to how a debt collector can interact with people you know. For example, they can call your friends or family members, but they are limited in what they can say. They can ask for your contact information, but not the reason that they want it. Additionally, they cannot harass anyone related to you.

Another good thing to note is that if a debt collector knows that you're represented by an attorney, they are required to call them rather than you. Additionally, there can be no checks deposited or cashed, if they are post-dated checks, before the date a post-dated check is written. They must also provide at least three days' notice before they cash any check.

Sue debt collectors for harassment

If you feel that you have had your rights violated, then you may want to file a counterclaim. There are federal laws that provide individuals with the ability to seek monetary damages. The FDCPA alone allows consumers who have been violated to recover damages of up to $1,000 per violation, plus attorney fees and court costs.

Do you have a case to beat P&B Capital Group in court?

If you are receiving multiple calls per week from third-party collection agencies, and early morning or late night calls from debt collectors, you may have a case. Especially if you are receiving calls at work or they are calling your family, friends, neighbors, and coworkers.

Likewise, should collectors threaten you with violence, lawsuit, arrest, negative credit reporting, or trying to collect more than you owe, you definitely have a case.

Respond to your P&B Capital lawsuit by filing a written Answer

If P&B Capital Group has filed a lawsuit against you, you should have received a court Summons and Complaint in the mail. The Summons is a legal document that officially notifies you of the case, while the Complaint lists all the specific allegations (or claims) that P&B is making against you.

The first step to responding to the lawsuit is to file a written Answer in the court. You might think you need an attorney to help with this, but finding a lawyer can be super expensive and draining. You can represent yourself with SoloSuit's help and win in court.

Here are 6 tips to drafting a winning Answer:

  1. The Answer isn't the place to tell your side of the story: Giving an elaborate explanation of your side of things can actually harm your chances of winning. At this stage in the lawsuit, the burden of proof is on P&B Capital. You don't have to prove anything right now. All you have to do is respond to each allegation listed in the Complain.
  2. Deny, deny, deny: Most attorneys recommend that you deny all the allegations listed in the Complaint. This is like saying, prove it, and it requires more work on P&B Capital's part—work that they would rather avoid.
  3. Use standard formatting or “style”: Your Answer should be professional with standard font, margins, and spacing. It should begin with a caption that includes the court name, case number.
  4. Assert your affirmative defenses: Include a section for affirmative defenses in your Answer. This is where you can raise facts that show P&B Capital doesn't have a case (i.e. the debt is past the statute of limitations, the amount is incorrect, P&B harassed you, etc).
  5. Include the Certificate of Service: The certificate of service is a simple statement near the end of the Answer document that declares it was sent and served to the plaintiff's attorney. It should include the exact address that it was mailed to, as well as your signature.
  6. Sign the Answer: All courts require that you sign the Answer document. Some courts don't accept an electronic signature, so be careful to investigate before submitting your Answer.

To learn more about these 6 steps, check out this video:

After you've drafted your Answer, make sure to file the original document with the court and send a copy to the attorney representing P&B Capital Group. All mailing should be done via USPS certified mail so you have proof of delivery.

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

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 collection FAQs

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

Debt collection documents and templates

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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.

Personal finance

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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.

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