CFPB Debt Collection Complaint Ranking*:
#29 of 2,458 Companies
Lawsuits, Penalties, or Sanctions:
SOTO v. COMMONWEALTH FINANCIAL SYSTEMS, INC. (December 2, 2013.) United States District Court, M.D. Florida, Tampa Division. Case No. 8:13-cv-2597-T-33AEP.
PARADISE v. COMMONWEALTH FINANCIAL SYSTEMS, INC. (October 16, 2013.) United States District Court, M.D. Pennsylvania. Case No. 3:13-cv-00001.
LARSEN v. COMMONWEALTH FINANCIAL SYSTEMS, INC. (January 21, 2016.) United States District Court, S.D. Florida. Case No. 2:15-cv-14260-ROSENBERG/HOPKINS.
Location and Contact Details:
Commonwealth Financial Systems, Inc.
245 Main St.
Dickson City, PA 18519-1641
Phone: (570) 342-1600
Fax: (570) 342-0102
John Kotula, Chief Executive Officer
Stephanie Dalykas, Ethics Contact
Commonwealth Financial Systems, Inc., was founded in 2001 by current CEO John Kotula. It identifies itself as northeast Pennsylvania’s “premier collection agency.”
In the same year that Commonwealth was formed, it quickly merged with Northeast Credit and Collections (NCC). NCC had a twenty-five year history of debt collecting in Pennsylvania. Commonwealth handles check collections, debt purchasing, and credit bureau reporting for financial, retail, government and medical clients locally and nationwide.
Pennsylvania says Commonwealth Financial Systems owes $1.5 million in unpaid taxes.
* Ranking determined by the overall number of debt collection complaints to the Consumer Financial Protection Bureau (CFPB) as of year-end 2015 and should be considered in context of company size and/or market share. See the CFPB debt collection complaint database in real-time here.
Are you being pursued by this company?
Does something feel too aggressive or not quite right?