Credit Bureau of Albert Lea
If you are a consumer, the content on this website was produced by a debt collection agency and any information obtained could be used for the collection of a debt. The information contained on this website should not be interpreted as legal advice. If you have questions regarding any interpretation of the law, contact your attorney.
What Should I Do If I Have An Account With the CBAL?
You should contact us immediately. If you receive a letter from us you have a period of time as stated in the first notification to respond. The first notification tells you of your rights and obligations. We have trained professionals that can assist you in coming up with solutions to your situation. The Credit Bureau of Albert Lea uses a number of ways to resolve a debt that has been turned over to us for collection. We utilize mail notification and scheduled phone calls to contact you. We have different resources available to maintain this contact. These are all reminders of your obligation and also to assist you in finding ways to pay your bill. The CBAL reports all past due accounts to the three National Credit Bureaus (Experian, Equifax, TransUnion). This reporting of your credit file to the National Credit Bureaus can be avoided if you follow the instruction you received with the first notification that was sent to you. Finally, we have a litigation team that reviews accounts and makes a decision whether or not legal action is necessary to collect a debt. If a judgment is pursued and utilized the expense will be added to that account. This process can lead to garnishments, liens, bank sweeps and till taps. The CBAL will make every effort to resolve all issues before using litigation. If you feel you are a victim of identity theft you will be required to file an Affidavit of Forgery with your local Law Enforcement Agency and provide a copy of the Affidavit to the CBAL so the account can be reported properly. If you have been notified of a past due account that has been placed with us you can expect professional service to resolve the issue. You should contact us immediately. Avoiding us just postpones your credit problems. We are here to help.