The U.S. Court of Appeals for the Second Circuit recently ruled that 13 debt collectors who indulged in fraudulent collection tactics must pay $10.8 million to the Federal Trade Commission. The companies had over 500 consumer complaints filed against them for egregious conduct.
Learn more about what you can do if you run into such a business.
Your Rights Under the FDCPA
The Fair Debt Collection Practices Act, or FDCPA, gives you rights and protections when dealing with third-party debt collectors. Any company that uses these types of collection methods can be fined and even have their license revoked.
- Threatening to damage your credit if you don’t pay
- Telling your friends, family, and co-workers that you owe a debt
- Ignoring a dispute letter
- Harassing you by using an autodialer
- Tacking on unauthorized service charges and fees
- Claiming to be attorneys or police officers
Company Profile: Harvest Credit Management VII, LLC
If you are being called by Harvest Credit Management VII, LLC, additional details are below.
Harvest Credit Management VII, LLC is a debt collection agency located in Denver, Colorado. It was founded in 2005, has six employees and is managed by Jacques Machol. The company is primarily a buyer of bad debts, which it then proceeds to collect on.
The PACER website contains legal files confirming that consumers who believed they were being harassed by Harvest Credit Management VII, LLC escalated the matter to the court system.
Alleged Violations against Harvest Credit Management VII, LLC
According to PACER, in or around December 2007, Harvest Credit Management VII, LLC started trying to collect a credit card debt from an Illinois consumer.
On January 7, 2008 and February 3, 2010, her Legal Aid attorneys notified the agency that she was unable to pay the debt and to cease collection actions against her.
Despite receipt of these communications, the company sent her a collection letter direction on May 14, 2011.
Feeling harassed by Harvest Credit Management VII, LLC, the consumer sued the agency for violating the FDCPA in the following ways:
- Contacting her directly although she had legal counsel
- Ignoring a cease communications letter
The matter was later settled.
Hire a Consumer Lawyer
The phone number for this collection agency is 1-303-539-3162. Seeing it on your caller ID is a sign that you are being called by Harvest Credit Management VII, LLC.
If they persist in contacting you directly after you advise that you have legal counsel, hire a consumer attorney and file a claim against Harvest Credit Management VII, LLC, as such communications constitute harassment.
The company could be ordered to compensate you and cover your legal costs, so you have little to lose by standing up for your rights.
Case taken from PACER (pacer.gov). File number is Case: 1:11-cv-05315 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 Harvest Credit Management VII, LLC, or any other third-party collection agency, you may not be entitled to any compensation.