Life is full of stressful events, but receiving a call from a debt collection agency sits near the top of live events that trigger the most stress and anxiety. It is not just the phone call from a third party debt collector, but also the overly aggressive behavior of the company representative that has put you on edge.
Until September 20, 1977, bill collectors had their way with consumers by implementing harassing and intimidating debt collection tactics. With the passage of the Fair Debt Collection Practices Act (FDCPA), the United States Congress leveled the legal playing field between consumers and companies such as Sequium Asset Solutions, LLC.
The FDCPA makes it illegal for a debt collection agency to threaten you in any way. It also prohibits companies from using deception to trick consumers into paying off debts. To prevent deception from tricking you into paying off a debt, the FDCPA grants you the right to dispute the legitimacy of an outstanding credit card or personal loan balance.
The first thing you should do after receiving a letter from a third-party debt collector is to make a copy of the letter. By making a copy of the letter, you have established a legal timeline that the company must follow.
Dispute Letter Timeline
An important date to document is the day a bill collector first called you regarding an alleged debt. Make a copy of the first letter or record the phone conversation to establish a time stamp for the phone call. You have to live in a one party consent state to tape record phone call with a with another party, without the party giving you consent to record the conversation.
Having proof of when a debt collection agency first contacted you is important because the company has five days after the first contact to present information relating to the debt in question. The FDCPA gives consumers 30 days to respond to the information provided by a third-party debt collector.
You want to demand the company prove the debt in question is valid by asking for physical evidence that includes documented interactions with the original creditor. If you do not hear back from the company within 30 days, send the bill collector another letter that states you will not pay the alleged debt.
![Sample Dispute Letter To Sequium Assets Solutions, LLC*]()
What to Include in a Dispute Letter Sent to Sequium Asset Solutions, LLC
There are several different ways to word a debt dispute letter. The key is to use clear and concise action that shows you understand your legal rights.
You should include the following information:
- Your name
- Contact information
- Account number
- Request physical proof the alleged debt is valid
- Request the name and contact information of the bank or credit card company
- Mention your rights under the FDCPA
Speak with an FDCPA Lawyer
You should not fight back alone against the deceptive debt collection practices used by a company like Asset Sequium Solutions, LLC. An experienced consumer protection attorney who specializes in handling FDCPA cases can help you draft the legally proper language that challenges the validity of a delinquent credit card or personal loan account. Fill out the Free Case Evaluation on this page to get in touch with a consumer rights lawyer before it’s too late!
*Disclaimer: The content of this article serves only to provide information and should not be constructed as legal advice. If you file a claim against Asset Sequium Solutions, LLC or any other third-party collection agency, you may not be entitled to any compensation.
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