Independence Capital Recovery LLC

Corporate structure

Who owns Independence Capital Recovery LLC?

Independence Capital Recovery LLC is an independent debt buyer with no publicly documented parent company.

Common original creditors whose accounts Independence Capital Recovery LLC has purchased include: Various banks and financial institutions, Credit card issuers.

Your next steps

What to do if Independence Capital Recovery LLC is suing you

1. 1
   Find your deadline immediatelyYou have a limited number of days to file your Answer after being served — typically 20 to 35 days depending on your state. Missing this deadline results in a default judgment. Check your state’s guide for the exact deadline.
2. 2
   Demand proof of ownershipIndependence Capital Recovery LLC must prove a valid, unbroken chain of assignment from your original creditor. In your Answer, raise lack of standing and require the plaintiff to produce the bill of sale and account-level documentation.
3. 3
   Check the statute of limitationsDebt buyers sometimes sue on old accounts. If the limitations period in your state has run since your last payment or the charge-off date, you may have a complete defense. Look up the state guide for your jurisdiction.
4. 4
   File your Answer — even if you plan to settleFiling a timely Answer preserves all your defenses and gives you leverage to negotiate a better settlement. Do not ignore the lawsuit expecting it to go away. See your state’s defense guide.

Frequently asked questions

Common questions about Independence Capital Recovery LLC

• Who is Independence Capital Recovery LLC?

  Independence Capital Recovery LLC is a debt buyer that purchases charged-off consumer debt and pursues collection through attorneys in multiple states.

• Why is Independence Capital Recovery suing me?

  Independence Capital Recovery purchased your account from a bank or lender and is attempting to collect through the courts.

• Can I challenge Independence Capital Recovery's standing to sue?

  Yes. Raise lack of standing in your Answer and require production of a complete chain of assignment from the original creditor.

• Is the statute of limitations relevant to this claim?

  Yes. If the limitations period has run in your state, raise it as an affirmative defense.

• Has Independence Capital Recovery faced regulatory enforcement?

  No significant public regulatory enforcement actions against Independence Capital Recovery LLC are known at this time. All debt buyers are subject to the FDCPA and applicable state consumer protection laws.

• What should I do if Independence Capital Recovery is suing me?

  File a timely Answer before your state's deadline, deny the material allegations, and raise all available defenses.

State defense guides

Sued by Independence Capital Recovery LLC? Find your state