During economic downturns, people who were once able to manage their debt can become overwhelmed by it. Being laid off, lack of health insurance and diminished property values can all put you in a position where debt collectors start calling. Many of them will ignore state and federal laws that limit how far they can go to get your money.
Your Rights Under the FDCPA
The Fair Debt Collection Practices Act (FDCPA) is a federal law that prohibits debt collectors from threatening and manipulating consumers into paying a debt.
If you are being chased by a collection agency that uses the following strategies to make you pay, contact a consumer lawyer immediately.
- Not reporting that a debt is in dispute
- Pretending to be court officials or some other authority figure
- Calling your friends and relatives to “look for” you when they already have your contact information
- Saying that the sheriff is en route and the only way to prevent your arrest is to pay the debt
- Calling you names
- Calling and sending you letters when they know you are represented by an attorney
Company Profile: Turnstile Capital Management, LLC
If you are being called by Turnstile Capital Management, LLC, a general company history appears below.
Turnstile Capital Management, LLC is a collection agency located in San Diego, California. It was established in 2012, employs approximately 40 people, and is managed by its CEO, Matthew Myers. The company, which is a wholly owned subsidiary of Goal Structured Solutions, Inc. specializes in collecting overdue student loans.
According to records retained by PACER, consumers who believed they were being harassed by Turnstile Capital Management, LLC sued to protect their rights.
Alleged Violations against Turnstile Capital Management, LLC*
According to PACER, on or around December 9, 2014, a representative of Turnstile Capital Management, LLC allegedly called a Florida consumer to collect a student loan debt. Not long afterward, the consumer received a letter demanding $10,611.82, although she asserted that she did not owe Turnstile Capital Management, LLC any money.
Feeling harassed by Turnstile Capital Management, LLC, the consumer consulted a lawyer and sued the agency for the following alleged FDCPA violations:
- Using unfair and unconscionable means to collect a debt
- Using false, deceptive, and misleading means to collect a debt
- Demanding payment for a debt it could not legally collect
The matter was later settled.
Hire a Consumer Lawyer
The phone number for Turnstile Capital Management, LLC is 1-866-290-4222. If you see it on your caller ID in response to an incoming call, it means that Turnstile Capital Management, LLC is calling. If they demand payment for a debt you don’t owe them, hire a consumer lawyer to deal with the company on your behalf and file a claim against Turnstile Capital Management, LLC.
The agency could be ordered to pay you $1,000 per FDCPA violation, which can add up if their conduct has been especially egregious, so never let a debt collector convince you that you have no rights.
*Case taken from PACER (www.pacer.gov). File number is Case 6:15-cv-01774-CEM-TBS from the United States District Court for the Middle 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 Turnstile Capital Management, LLC or any other third-party collection agency, you may not be entitled to any compensation.