There are many different reasons why debt accumulates, but the last thing you need is a collection agency bullying you about it. Don’t let this happen to you: treating you this way is against the law.
Your Rights Under the FDCPA
Although the Fair Debt Collection Practices Act (FDCPA) mandates that collection agencies always behave professionally, tactics like those below happen frequently enough to inspire thousands of complaints to the Federal Trade Commission.
- Swearing and using profane language
- Calling at all hours of the day and night
- Refusal to provide you with information about the debt
- Calling before 8:00 a.m. and after 9:00 p.m.
- Threatening to garnish your wages
- Demanding amounts that exceed the original debt
Company Profile: FMS Investment Corp
If you are being called by FMS Investment Corp, a company background is below.
FMS Investment Corp, which also does business as Financial Management Systems, is a collection agency in Rolling Meadows, Illinois. It was established in 1992, has 55 employees, and is managed by owner Tom Ost. Legal files at the PACER website indicate that those who felt that they were being harassed by FMS Investment Corp acted on their right to take legal action.
Alleged Violations against FMS Investment Corp*
According to PACER, in or around early 2008, FMS Investment Corp allegedly tried to collect a debt from a California consumer by leaving messages about the debt on a company voicemail, where they could be heard by his coworkers.
Feeling harassed by FMS Investment Corp, the consumer hired a lawyer and sued the company for:
- Disclosing information about the debt to third parties
- Using harassing means to collect a debt
The matter was later resolved.
Hire a Consumer Lawyer
The phone numbers for FMS Investment Corp are:
If you see any of them on your caller ID when the phone rings, FMS Investment Corp is on the line. If they share details about your debt with third parties, hire a consumer lawyer and file a claim against FMS Investment Corp. You may potentially receive $1,000 per FDCPA violation plus legal fees and costs associated with the action. When a debt collector threatens you, you have the right to call them on it in court.
- Has a debt collection company contacted a third party regarding your debt?
- Has a debt collection agency threatened to seize your property?
*Case taken from PACER (pacer.gov). File number is Case 2:08-cv-04975-SJO-AGR from the United States District Court for the Central District of California.
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 FMS Investment Corp or any other third-party collection agency, you may not be entitled to any compensation.