We get ourselves into debt to buy homes, automobiles and other expensive items. But as long as our income is regular, repayment is rarely a problem. If we run into financial problems and can’t pay back all that debt, debt collectors will start harassing us for payment. Many of them take things too far, hoping that we won’t attempt to fight for our rights.
Your Rights Under the FDCPA
The Fair Debt Collection Practices Act (FDCPA), which was passed in 1977, gives consumers the right to dispute a debt and order the collector to cease communications. It also prohibits third-party collection agencies from using approaches like the following:
- Using profane and abusive language
- Threatening to have you arrested
- Persisting in trying to collect a disputed debt
- Refusing to provide you with information about the debt upon request
- Pretending to be police officers or federal agents
- Calling you outside of the hours of 8:00 a.m. to 9:00 p.m.
Company Profile: Apex Financial Management
If you are being called by Apex Financial Management, here are some additional details about the company.
Apex Financial Management, which also does business as Check Replacement Systems, is a collection agency in Buffalo Grove, Illinois. It opened for business in 2000, has 200 employees, and is managed by Jay Stone. Records archived at the PACER website suggest that consumers who believed that they were being harassed by Apex Financial Management were not afraid to stand up for themselves.
Alleged Violations against Apex Financial Management*
According to PACER, in or around mid-2009, Apex Financial Management began calling an Illinois consumer to collect a debt. She complained that the agency constantly called her at work and discussed the debt with her co-workers, even though she told the company that such calls were not allowed.
Feeling harassed by Apex Financial Management, the consumer filed an FDCPA lawsuit against the company for allegedly:
- Calling her at work after being asked to stop
- Using harassing and abusive means to collect a debt
- Discussing the debt with third parties
The matter was later settled.
Hire a Consumer Lawyer
The phone number for this debt collection agency is 1-847-418-2700. If you see it on your caller ID, it means that you are being called by Apex Financial Management. If they call you at work and refuse to stop, hire a consumer lawyer and file a claim against Apex Financial Management. You could receive $1,000 per violation as well as attorney's fees, which proves that collection agencies that disregard the law face consequences.
**Case taken from PACER (www.pacer.gov). File number is Case: 1:09-cv-03536 from the United States District Court for the Northern District of Illinois, Eastern Division.
*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 Financial Management or any other third-party collection agency, you may not be entitled to any compensation.