Every day, people across the country are being contacted by debt collectors who harass, bully, and in general, make their lives miserable. Upsetting as this is, the good news is that you don’t have to put up with it. When a collection agency goes too far, you can sue.
Your Rights Under the FDCPA
The Fair Debt Collection Practices Act, or FDCPA, regulates the professional conduct of third-party debt collectors and penalizes those who use the following strategies to collect payment from indebted consumers:
- Yelling, swearing, and using threatening language
- Calling you at work after they’ve been advised that such calls are not allowed
- Threatening legal action they cannot take or have no intention of taking
- Calling before 8:00 a.m. and after 9:00 p.m. unless you give them permission
- Misrepresenting how much you owe
- Failing to identify themselves as debt collectors each time they speak to you
Company Profile: Portfolio Acquisitions, LLC
If you are being called by Portfolio Acquisitions, LLC, more information about the company is here.
Portfolio Acquisitions, LLC is a debt collection agency located in Norcross, Georgia. It was established in 2006, has less than 10 employees, and often uses Capital Management Services to assist it in collecting debts.
According to records at the PACER website, confirming that consumers felt that they were being harassed by Portfolio Acquisitions, LLC went to court to make the company prove its claims.
Alleged Violations against Portfolio Acquisitions, LLC
According to PACER, in or around 2005, Portfolio Acquisitions, LLC allegedly started trying to collect a gym membership debt from an Illinois consumer. She claimed that the contract was legally unenforceable in Illinois, but the collection attempts continued.
Feeling harassed by Portfolio Acquisitions, LLC, she hired a consumer lawyer and sued the company for misrepresenting the character, amount, or legal status of the debt. The matter was later settled.
Hire a Consumer Lawyer
The phone number for Portfolio Acquisitions, LLC is 1-678-417-8226. Seeing it on your caller ID means that Portfolio Acquisitions, LLC is calling, presumably to collect a debt. If the debt is illegal in your state, hire a consumer lawyer and file a claim against Portfolio Acquisitions, LLC.
A judge could award you $1000 in statutory damages plus legal costs, so act immediately when a debt collector presumes that its goals should take precedence over your rights.
Case taken from PACER (pacer.gov). File number is Case: 1:06-cv-00168 from the United States District Court for the Northern District of Illinois, Eastern Dvision.
*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 Portfolio Acquisitions, LLC or any other third-party collection agency, you may not be entitled to any compensation.