Are you being called by Professional Finance Company, Inc.?* Here's what you need to know
When debt collectors are after you every day for money you don’t have, it can be highly stressful. It’s even worse when the company handling your account is belittling and abusive when you can't afford to pay. Before thinking about bankruptcy, contact a consumer attorney, because collectors who treat you this way are breaking the law.
Your Rights Under the FDCPA
In 1977 Congress passed the Fair Debt Collection Practices Act (FDCPA) to stop abusive collection tactics regularly being used by third-party collection agencies. Under the FDCPA, actions like those below are illegal and can result in significant sanctions.
- Using profane and obscene language
- Discussing the debt with anyone except you, your spouse, or your attorney
- Calling at inconvenient times, usually before 8:00 a.m. and after 9:00 p.m.
- Pretending to be attorneys, police officers, or federal agents
- Contacting you at your workplace after being advised that such calls are not permitted
- Threatening to ruin your credit or have you arrested.
Company Profile: Professional Finance Company, Inc.
If you are being called by Professional Finance Company, Inc., information about the company is below.
Professional Finance Company, Inc. is a debt collection company located in Greeley, Colorado. It opened for business in 1952, has less than 10 employees and is managed by its President, Michael V Shoop. According to the company website, it collects debt throughout Colorado and Wyoming. A review of litigation files at the PACER (Public Access to Court Electronic Records) website reveals that consumers who felt they were being harassed by Professional Finance Company, Inc. defended their rights.
Alleged Violations against Professional Finance Company, Inc.
According to PACER, on or about September 1, 2015, Professional Finance Company, Inc. called an Indiana resident to collect a medical debt. This debt, however, had been included in a previous bankruptcy filing.
Feeling harassed by Professional Finance Company, Inc., she hired a consumer attorney and sued the company for allegedly violating the FDCPA in the following ways:
- Calling her directly when she had a bankruptcy attorney handling the debt
- Using false, deceptive, and misleading means to collect a debt
- Using unfair and unconscionable means to collect a debt
- Attempting to collect an amount not permitted by law
The matter was later settled.
Hire an Attorney
The phone numbers for this debt collection agency are:
If they show up on your caller ID at any time, be aware that you are being called by Professional Finance Company, Inc.. If they try to coerce you into paying a debt included in a previous bankruptcy, hire a consumer attorney immediately. If you file a claim against Professional Finance Company, Inc. and the outcome is in your favor, you may be awarded $1,000 per FDCPA violation plus associated legal fees. They may want your money but violating a bankruptcy stay can literally cost them.
*Case taken from PACER (www.pacer.gov). File number is Case 2:15-cv-00338-JVB-PRC from the United States District Court for the Northern District of Indiana, Hammond 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 Professional Finance Company, Inc., or any other third-party collection agency, you may not be entitled to any compensation.