Debt collectors have a reputation for using illegal pressure tactics to make debtors pay. They shout at people, call them incessantly at home and work, and making legal threats that cause sleepless nights. If this happens, call a consumer attorney for advice about seeking compensation.
Your Rights Under the FDCPA
The Fair Debt Collection Practices Act, or FDCPA, controls the activity of third-party collection agencies. Actions like those below are illegal, and any company sanctioned for using them can lose their license and face thousands of dollars in fines.
● Leaving voice messages that do not identify them as debt collectors
● Calling anyone except you, your spouse, or attorney about the debt
● Using an autodialer to call your phone nonstop
● Trying to collect after you refuse to pay
● Demanding payment for a time-barred debt
● Disguising their identity on the phone to trick you into taking the call
Company Profile: LTD Financial Services
If you are being called by LTD Financial Services, more information about the agency is detailed below.
LTD Financial Services is a debt collection agency in Houston, Texas. It was founded in 1993, has 75 employees, and is managed by its President & CEO, David John. Digitized legal files at the PACER website indicate that consumers who believed that they were being harassed by LTD Financial Services went to court to fight back.
Alleged Violations against LTD Financial Services*
According to information on the PACER website, on or around November 12, 2014, LTD Financial Services allegedly called the son of a California consumer on his cell phone and asked to speak to his mother. He replied that she was not there, but the agency allegedly called again on November 18, although the son insisted that this was not his mother’s number.
Feeling harassed by LTD Financial Services, the consumers hired an attorney and sued the company for:
● Contacting a third party for purposes other than obtaining location information
● Using false, deceptive, and misleading means to collect a debt
The matter was later settled.
Hire a Consumer Lawyer
The phone numbers for this debt collection agency are:
If you see them on your caller ID, it is confirmation that you are being called by LTD Financial Services. If they repeatedly call your friends and family to stress you into paying, hire a consumer lawyer and file a claim against LTD Financial Services. You could be awarded $1000 in statutory damages, so when a debt collector tries to deceive you into paying, take the initiative and sue them instead.
*Case taken from PACER (www.pacer.gov). Case 3:15-cv-00218-MMA-JMA from the United States District Court for the Southern 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 LTD Financial Services. or any other third-party collection agency, you may not be entitled to any comp