Are You Being Called By Trident Asset Management?*

Do debt collectors have you so stressed out that your heart skips a beat every time the phone rings? A lot of people are in your position, and it’s neither fair nor legal. Too many collection agencies abuse consumers because they assume that their victims are unaware of their rights.

Don’t be one of them.

Your Rights Under the FDCPA

The Fair Debt Collection Practices Act (FDCPA) is a consumer protection law that regulates the debt collection industry. All third-party collection agencies must obey its guidelines and refrain from deceptive tactics like those below, or they can be shut down.

• Ignoring a written cease communications notice
• Threatening violence to your person or property
• Continuing to collect after you send a dispute letter
• Contacting you directly after being informed that you have an attorney
• Pursuing you for a debt that was discharged in bankruptcy
• Calling you abusive names

Company Profile: Trident Asset Management

If you are being called by Trident Asset Management, here is more information about the agency.

Trident Asset Management is a collection agency located in Alpharetta, Georgia. It was founded in 2007 has fewer than 10 employees, and is managed by owner Chitralekha Sett. The company has a B rating with the Better Business Bureau.

Inspecting the legal records at the PACER website confirms that people who felt they were being harassed by Trident Asset Management acted on their right to sue.

Alleged Violations against Trident Asset Management

According to PACER, on or about January 11, 2010, Trident Asset Management allegedly called a Maryland consumer to collect a debt. She told the caller, who identified himself as Mr.
John, that she wanted to orally dispute the alleged debt. Mr. John allegedly replied that the debt could not be disputed.

The consumer later discovered that Trident Asset Management did not report her dispute to the credit bureaus and was not properly licensed to collect debts in Maryland.

Feeling harassed by Trident Asset Management, the consumer filed an FDCPA lawsuit against the agency for allegedly:

• Using unfair and unconscionable means to collect a debt
• Using false, deceptive, and misleading means to collect a debt
• Using harassing and abusive means to collect a debt
• Failing to report the debt as disputed to the credit bureaus

The matter was later dismissed.

Hire a Consumer Lawyer

The phone numbers for Trident Asset Management are:

• 1-678-691-4989
• 1-866-695-8893

If you see them on your caller ID, it means that you are being called by Trident Asset Management. If they ignore your dispute and do not update their report to the credit bureaus, hire a consumer lawyer because you have grounds for filing a claim against Trident Asset Management.

When a debt collector conveniently forgets that you have rights, you can sue them and potentially recover statutory damages, punitive damages, and legal costs. Most important of all, you can bring the harassment to an end.

Additional Resources

• Harassment and the FDCPA
• What Are Damages in an FDCPA Claim?

Case taken from PACER (pacer.gov). File number is Case 1:10-cv-01087-RDB from the United States District Court for the District of Maryland.

*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 Trident Asset Management or any other third-party collection agency, you may not be entitled to any compensation.