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Updated on Author: Sergei Lemberg

Are You Being Called By New Era Asset Management, LLC?*


Getting calls from debt collectors is rarely pleasant, especially when they’re being pushy and demanding. Instead of declaring bankruptcy to get them off your back, learn more about how you can protect yourself in such situations.

Your Rights Under the FDCPA

The Fair Debt Collection Practices Act, or FDCPA, provides you with important protections when a debt collector pushes you to pay. If you are subjected to abuses like those below, you have the ability to sue the company.

  • Calling you outside of the hours of 8:00 a.m. to 9:00 p.m.
  • Use profane or obscene language
  • Contacting you instead of your attorney
  • Demanding amounts that exceed the original debt
  • Threatening legal action they have no intention of taking
  • Pretending to be members of law enforcement

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Company Profile: New Era Asset Management, LLC

If you are being called by New Era Asset Management, LLC, more information about the company is below.

New Era Asset Management, LLC, which also does business as Recoveries Inc., is a collection agency in Buffalo, New York. It opened for business in 2016, has fewer than 10 employees, and collects debts across the country. A review of legal records at the PACER website reveals that those who felt that they were being harassed by New Era Asset Management, LLC refused to be intimidated.

Are You Being Called By New Era Asset Management, LLC?*

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Alleged Violations against New Era Asset Management, LLC**

According to PACER, on or around June 15, 2017, New Era Asset Management, LLC began calling an Illinois consumer about a debt related to an overdue line of credit. She told the company to stop calling her cell phone but they allegedly kept calling and failed to send her a debt validation package. Calls were also allegedly made to her husband, who was not a signer on the account.

Feeling harassed by New Era Asset Management, LLC, the consumer hired an attorney and filed a claim against the company for:

  • Discussing her debt with third parties
  • Not sending validating the debt

The case was later settled.

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Hire a Consumer Lawyer

The phone numbers for New Era Asset Management, LLC are:

If you see them on your caller ID, it means that you are being called by New Era Asset Management, LLC and should seek legal advice. If they call you constantly and don’t even validate the debt, hire a consumer lawyer and file a claim against New Era Asset Management, LLC. You could eventually be awarded $1,000 per FDCPA violation plus costs and damages. You can preserve your credit and your dignity by fighting back.

**Case taken from PACER (pacer.gov). File number is Case: 1:17-cv-07582 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 New Era Asset Management, LLC or any other third-party collection agency, you may not be entitled to any compensation.

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Additional Resources

About the author:

Sergei Lemberg

Sergei Lemberg is a consumer rights attorney, practicing since 2006, whose practice focuses on consumer law, class actions and personal injury litigation. He is known for a United States Supreme Court case (Facebook v. Duguid) defending consumers from autodialers under the Telephone Consumer Protection Act of 1991 to send unsolicited text messages. He is also the author of Defanging Debt Collectors, a book that teaches consumers how to battle debt collectors and win.

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