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Stop calls from Acquired Assets, Ltd.
Congress, in a bid to tackle the rising violations of consumer rights, passed into law a number of acts. Among these are FDCPA (Fair Debt Collection Practices Act) and TCPA (Telephone Communication Practices Act), engineered to keep you safe and keep debt collectors (and their nasty debt collection tactics) at bay.
Do you receive abusive calls? Are you still contacted after telling them to stop calling? Are you fed misleading details to goad you to pay your debts? Acquired Assets, Ltd. has no right to act in a way that infringes upon your basic consumer rights stipulated by acts like the TCPA and FDCPA. if they do, you maybe entitled to statutory damages up to $1000.
About Acquired Assets, Ltd.
Acquired Assets, Ltd. is a third-party debt collector located in Mineola, New York. It was established as a domestic business corporation in Nassau county, on March 28, 1994, 26 years ago, and specializes in collecting defaulted debt on behalf of financial institutions.
147 WILLIS AVE
MINEOLA, NY 11501
Phone: (516) 746-1040
The TCPA (Telephone Consumer Practices Act)
The TCPA was passed into law in the year 1991 to protect consumers from undue harassments from Telephone Solicitation Representative(s). It should gladden your heart to know that you are entitled to a compensation of $500 for any violation of the TCPA.
The following are a number of laws stipulated by FCC for Telephone Solicitation Representative(s) to adhere to:
- The TSR (Telephone Solicitation Representative) at the beginning of the call should state his/her name.
- The TSR should state the entity or person he/she represents.
- Calls are not to be made to consumers before 8 am and after 9 pm. Also, Debt collectors are mandated to abide by your wish not to be contacted again.
- Prerecorded and/or artificial messages is a violation of the TCPA. Calls made where the receiver pays the call cost is also a violation of the Act.
- Lastly, an advertisement that is sent to your fax without your consent is a violation of the act.
You can file a lawsuit against Acquired Assets, Ltd. if they act in any of the following ways:
- If Acquired Assets, Ltd contacts you more than 7 times a day, by FDCPA (Fair Debt Collection Practices Act), it is a violation.
- Calls received from Acquired Assets, Ltd before 8 am and after 9 pm is a case of Telephone Harassment.
- Insulting or offensive remarks hurled by TSR (Telephone solicitation Representative) of Acquired Assets, Ltd is a violation of Telephone Harassment. The Police can be contacted on this form of harassment.
- Misinterpretation of the actual amount of the debt owed by a consumer is not permitted of Debt Collectors. They can be sued for this.
- If information regarding the debts of a consumer is shared in any form to a third party by a collector, a consumer can sue the collector. A collector can only share the details or information of a consumer’s debt when a consumer consents to it. Anything outside of this is a violation of the act.
Actions to Take if you Consistently Get unwanted Acquired Assets, Ltd.
- Do not pick up calls from strange numbers.
- Do not disclose personal information to strangers.
- Send a cease and desist letter.
- As evidence in court, save on your voicemail any shred of harassment or subtle insults hurled on you by Collectors.
- Engage the services of a qualified debt collection attorney
What next after Acquired Assets, Ltd. calls?
The first step to take after you have been contacted by Acquired Assets, Ltd. is to request that they provide you with a written statement containing all the necessary information regarding the debt they claim you owe.
You have only five days (counting from the day that Acquired Assets, Ltd. first called you) to do this. After you have received the written statement containing all the necessary information about your debt, you are advised to check properly to ensure that your name, the name of the original lender, and the amount owed (including interest) is stated correctly, else it may be a case of mistaken identity or a scam.
After you have verified the information contained within the document, you then have a choice to dispute the debt with the three credit bureaus. This can get some or all of your debt waived and eliminate the debt from your credit report. You can also weigh your options by negotiating with your debt collection agent or considering settlement options.
Acquired Assets, Ltd. is often referred to or searched for by other names. These include:
ACQUIRED ASSETS LTD INC
About this site (Telephone Harassment)
Here at Telephone Harassment, we are all about informing consumers about their rights regarding harassment from debt collectors, collection law firms and Original lenders. We also encourage consumers to share their experience dealing with collection harassment, legal threats or excessive phone calls to help prepare others for the kind of treatment they are likely to receive. We alert consumers of scams, and notify them about the harassment and scare tactics that many collection agencies employ, many of which are against phone harassment laws.
Call us now on 844-791-1990
Acquired Assets, Ltd. may be contacting you from the following numbers:
Consumer Rights Law Firm Center BBB information
BBB Rating: A+