Debt collectors don’t have the best track record when it comes to obeying the law. They threaten lawsuits, use obscene language, and call your friends and family to embarrass you.
Such conduct is illegal, so if a collection agency subjects you to such treatment, you can call a consumer lawyer and fight back.
Your Rights Under the FDCPA
To stop abusive debt collection practices, Congress passed the Fair Debt Collections Practice Act, or FDCPA, in 1977. Actions like those below are illegal and can lead to serious consequences like heavy fines and license revocation:
- Chasing you for a debt barred by statute
- Swearing at you
- Ignoring a cease communications request
- Calling you at work after being told to stop
- Saying they have court papers to serve on you when they don’t
- Pretending to be police officers or attorneys
Company Profile: Sequium Asset Solutions, LLCM
If you are being called by Sequium Asset Solutions, LLC, a company background is below.
Sequium Asset Solutions, LLC is a debt collection agency located in Marietta, Georgia.
It was founded in 2016, has 56 employees on staff, and is managed by its President, Greg Schubert. The company’s current rating with the Better Business Bureau is B-.
A close review of the legal case files at the PACER website confirms that consumers who believed they were being harassed by Sequium Asset Solutions, LLC investigated their options and decided to sue.
Alleged Violations against Sequium Asset Solutions, LLC
According to PACER, in or about June 2018, Sequium Asset Solutions, LLC contacted a Nevada consumer to collect a debt related to an old DirectTV account. She replied that she did not owe any money as the account was paid and disputed the validity of the debt.
Although the consumer requested no more contact, the agency allegedly called her up to 4-5 times per day to threaten legal action. It also allegedly reported the debt on her credit profiles without the required consumer dispute notation.
Feeling harassed by Sequium Asset Solutions, LLC, the consumer filed an FDCPA lawsuit against the agency for these alleged violations:
- Using harassing and abusive means to collect a debt
- Calling her multiple times per day
- Threatening legal action it did not intend to take
- Failing to send her a debt validation letter
- Failing to report her dispute to the credit bureaus
The matter was later dismissed.
Hire a Consumer Lawyer
The phone numbers for this collection agency are:
If you see them on your caller ID when the phone rings, it means that Sequium Asset Solutions, LLC is on the line. If the agency demands that you pay a debt that you actually don’t owe, take action by hiring a consumer lawyer and filing a claim against Sequium Asset Solutions, LLC.
You may be awarded statutory damages and have your legal costs covered, so act on the rights that the law grants you.
Case taken from PACER (pacer.gov). File number is Case 2:18-cv-01826-JAD-GWF from the United States District Court for the District of Nevada.
*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 Sequium Asset Solutions, LLC or any other third-party collection agency, you may not be entitled to any compensation.