American Accounts & Advisers: Who They Are and Your Rights

Type

Collection agency

Also known as

American Accounts & Advisers, Inc.; American Accounts & Advisors; American Accounts; AAA

Headquarters

Cottage Grove, MN

Collects

medical bills, financial institution accounts, commercial accounts

Phone numbers it lists

(651) 287-6100, (866) 714-0489

Website

amaccts.com

51 debt collection complaints were sent to the Consumer Financial Protection Bureau about American Accounts & Advisers, Inc. from November 13, 2023 to November 12, 2026. A complaint is a consumer's account, not a finding that the company broke the law. Read the complaints in the CFPB database.

Who Is American Accounts & Advisers?

American Accounts & Advisers, Inc. is a collection agency in Cottage Grove, Minnesota. Its website says it was established in 1986 and has specialized in collections for more than four decades. Its mailing address is P.O. Box 250, Cottage Grove, MN 55016, and the Better Business Bureau lists an office at 7460 80th Street South, with Bryan McGroarty as president. The company spells its name both "Advisers" and "Advisors." We did not find a CFPB enforcement action against American Accounts & Advisers.

Why American Accounts & Advisers May Be Contacting You

The company says it serves healthcare providers, financial institutions and commercial businesses. For healthcare clients, it describes its job as resolving delinquent patient accounts while keeping the patient's relationship with the provider intact. A notice from it most often concerns a clinic or hospital bill or a balance with a bank or credit union. Its website has a payment page and a separate page for insurance and account disputes. Its main number is (651) 287-6100 and its toll-free number is (866) 714-0489.

How to Check a Debt American Accounts & Advisers Says You Owe

• Read the validation notice closely. It must identify the creditor and break down the balance (15 U.S.C. § 1692g; 12 C.F.R. § 1006.34).
• If insurance should have paid, use the company's insurance and account dispute page or send a written dispute, and include your insurance information. Ask the provider to rebill the claim if it was never submitted.
• Dispute in writing within the validation period to make the company verify the debt before it continues collecting; see how to dispute a debt with a collector.
• For a loan or card balance, ask for the last statement from the bank or credit union and confirm whether the account has been charged off or sold.
• Check how old the debt is. Texas generally allows four years to sue (Tex. Civ. Prac. & Rem. Code § 16.004), and debt buyers cannot sue on time-barred consumer debt (Tex. Fin. Code § 392.307). Minnesota and other states have different periods.

What American Accounts & Advisers Can and Can't Do

Because it collects debts owed to its clients, American Accounts & Advisers is a "debt collector" under 15 U.S.C. § 1692a(6).

• It may not misstate the amount or legal status of a debt (15 U.S.C. § 1692e(2)(A)).
• Medical collections that are paid or that started under $500 should not appear on your credit report; see medical debt reporting changes.
• It may not call you at work if it knows your employer prohibits such calls (15 U.S.C. § 1692c(a)(3)).
• It may not call more than seven times in seven days about one debt (12 C.F.R. § 1006.14(b)(2)).

If its collection seemed improper, see our Texas FDCPA attorneys page.

We Sue Debt Collectors That Break the FDCPA

Texas Debt Law files Fair Debt Collection Practices Act lawsuits against debt collectors in federal court for consumers in Texas, California, Illinois, Georgia and Colorado. If American Accounts & Advisers or anyone collecting for it harassed you, misstated what you owe, threatened action it could not take, or told others about your debt, you may have a claim. A court can order a collector that violated the FDCPA to pay your actual damages, up to $1,000 in additional statutory damages, and your attorney's fees and costs (15 U.S.C. § 1692k(a)). An FDCPA claim generally must be filed within one year of the violation (§ 1692k(d)), so keep your letters, call logs, voicemails and screenshots, and talk to us early. Texas residents may also have claims under the Texas Debt Collection Act. Learn more from our FDCPA attorneys.

Free FDCPA Case Review(214) 851-2250

Or start your free case evaluation online. No lawyer can promise a result; every claim depends on its facts and proof.

Sources

• American Accounts & Advisers: home page
• American Accounts & Advisers: About Us
• BBB business profile: American Accounts & Advisers
• CFPB enforcement actions search: American Accounts
• CFPB Consumer Complaint Database: American Accounts & Advisers, Inc., debt collection

This profile is general information compiled from public sources, not legal advice, and it does not state or imply that American Accounts & Advisers has violated any law. Company details change; tell us if something here is out of date.