Debt collectors are pursuing consumers with greater frequency than ever before, no matter how old the debts may be. Some collection agency make a business out of buying old or charged-off debts and collecting them for only pennies on the dollar.
If a collection agency is harassing you for money you don’t owe or being abusive regardless of the status of the debt, call a lawyer who can help you protect your rights.
Your Rights Under the FDCPA
The Fair Debt Collection Practices Act (FDCPA) was enacted in 1977 to protect consumers against unfair collection practices. It applies to debts acquired for personal, family, and household purposes and penalizes third-party collection agencies that use unethical practices like those below:
- Calling you outside of the hours of 8:00 a.m. - 9:00 p.m.
- Failing to identify themselves as debt collectors
- Threatening legal actions they cannot take or have no intention of taking
- Using profane and obscene language
- Calling you using an autodialer
- Threatening harm to you personally, your property, and / or your credit rating
Company Profile: Apex Asset Management, Inc.
If you are being called by Apex Asset Management, Inc., the company’s particulars are below.
Apex Asset Management, Inc. is a debt collection agency located in Lancaster, Pennsylvania. It was established in 1999, has approximately 185 people on staff, and is managed by its president, John S. Kline.
As of July 2018, the BBB has given the company a rating of D- due to alleged problems with billing and collections. Court records retained by the PACER (Public Access to Court Electronic Records) website confirms that consumers who believed they were being harassed by Apex Asset Management, Inc. filed lawsuits to seek injunctive relief and damages.
Alleged Violations against Apex Asset Management, Inc.
According to PACER, in or around early 2011, Apex Asset Management, Inc. commenced collection activities against a New Jersey consumer. He later reported that collectors called his cell phone repeatedly up to five times a day and did not always identify themselves as debt collectors.
When the consumer told one collector that their conduct was illegal under the FDCPA, the party allegedly sneered, “Well, I'm so glad you know the law!”
Feeling harassed by Apex Asset Management, Inc., he sued the company and accused it of the alleged FDCPA violations listed below:
- Calling him at inconvenient times and places
- Harassing him by calling constantly
- Using profane and abusive language
- Failing to identify itself as a debt collector in all communications
The matter was later dismissed.
Hire a Consumer Lawyer
The phone numbers for Apex Asset Management, Inc. are:
Any time these numbers appear on your caller ID, it means that you are being called by Apex Asset Management, Inc. If they verbally demean you and harass you by phone to wear you down, hire a consumer lawyer to help you file a claim against Apex Asset Management, Inc.
When a collection agency violates the FDCPA, it can be compelled to pay you damages and cover your legal costs, so don’t hesitate to fight back.
Case taken from PACER (pacer.gov). File number is Case 1:11-cv-01435-RBK-JS from the United States District Court for the District of New Jersey.
*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 Apex Asset Management, Inc., or any other third-party collection agency, you may not be entitled to any compensation.