Is Sage Capital Recovery Calling You?*

Is Sage Capital Recovery calling you?* Here’s what you need to know.

You’ve likely heard some frightening stories about debt collectors and how they use threats, deception, and humiliation to get indebted consumers to pay what they’re demanding. What’s extra-worrying is that many of these allegations turn out to be the truth. What is not as widely known is that you have rights that prohibit collection agencies from treating you in such a manner.

Your Rights Under the FDCPA

The Fair Debt Collection Practices Act, or FDCPA, was passed in 1977 because too many consumers were complaining about abuse by third-party debt collectors. This consumer protection law makes it illegal to use methods like the following to secure debt payments.

• Cursing at you and calling you names
• Calling you before 8:00 a.m. and after 9:00 p.m. in your time zone
• Calling you at work when they know that your employer doesn’t let you take personal calls
• Leaving messages that do not identify them as debt collectors
• Threatening legal action they cannot take or have no intention of taking
• Demanding amounts that are not supported by law or the agreement that created the debt.

Company Profile: Sage Capital Recovery, LLC

Sage Capital Recovery, LLC is a debt collection company located in Cherry Hill, New Jersey. It was established in 2008, has less than 10 employees, and is managed by its CEO, Randy Cook. A review of consumer complaint websites and the records archived at the PACER (Public Access to Court Electronic Records) website confirm that Sage Capital Recovery has been accused of disregarding FDCPA mandates during some debt collection attempts.

Alleged Violations against Sage Capital Recovery, LLC

According to PACER, in or about June 2011, collectors for Sage Capital Recovery, LLC allegedly called a Florida resident several times a day regarding a debt. She later complained that during these calls, the collectors left voice mails that failed to identify them as debt collectors. She also alleged that the company failed to provide any documentation detailing the purchases, payments, interest, and late charges, if any, making it impossible for her to determine whether or not she owed the debt and whether it was correctly calculated.

When the calls continued, she hired a consumer attorney and sued Sage Capital Recovery, LLC for the following alleged FDCPA violations:

• Failing to identify itself as a debt collector in all communications
• Failing to send a debt validation notice within five days of the original communication

The matter was later dismissed.

Hire an Attorney

The phone number for Sage Capital Recovery, LLC is 1-856-773-4724. If it appears on your caller ID when the phone rings, it means that a debt collector is looking for you. If they leave voice messages that conceal the company name and purpose or fail to send you a debt validation notice, hire a consumer attorney. Such omissions violate the FDCPA, and if you decide to sue, a judge could order Sage Capital Recovery, LLC to pay you $1,000 per FDCPA violation as well as attorney’s fees, court costs, and any actual damages. When you know you’re in the right, things can go very wrong for an overzealous debt collector.

*Case taken from PACER (www.pacer.gov). File number is Case 1:11-cv-22530-DLG from the United States District Court, Southern District of Florida.

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 Sage Capital Recovery, LLC or any other third-party collection agency, you may not be entitled to any compensation.