When financial emergencies hit, even those who regularly paid their bills can find themselves overwhelmed. Many collection agencies, however, go to extremes to collect payment. Although threats and humiliation are frequent persuasion methods, they are illegal.
Your Rights Under the FDCPA
The Fair Debt Collection Practices Act, or FDCPA prohibits hostile debt collection practices. It regulates what debt collectors may say or do while communicating with consumers and prohibits practices like those below.
- Swearing and calling you names
- Contacting you after you have sent a cease and desist letter
- Calling you outside of the hours of 8:00 a.m. and 9:00 p.m.
- Calling you at work
- Ignoring a formal request to cease communications
- Threatening to seize your property
Company Profile: Value Recovery Holding, LLC
If you are being called by Value Recovery Holding, LLC, more information about the company is below.
Value Recovery Holding, LLC, which also does business as CBE Group, Inc. is a debt collection agency in Columbus, Ohio. It was established in 1993, has 21 employees, and is managed by Ralph E. Griffith. An inspection of archived records at the PACER website reveals that consumers who believed that they were being harassed by Value Recovery Holding, LLC stood up for themselves.
Alleged Violations against Value Recovery Holding, LLC
According to PACER, in or around early 2014, Value Recovery Holding, LLC began contacting a Colorado consumer to collect a debt. He insisted that he did not owe it, but the agency allegedly continued to call him and even report the debt to the credit bureaus.
Feeling harassed by Value Recovery Holding, LLC, the consumer filed a claim against it for:
- Failing to report the debt as disputed
- Using harassing means to collect a debt
The matter was later settled.
Hire a Consumer Lawyer
The phone number for this debt collection agency is 1-614-324-5959. If it appears on your caller ID at any time, it means that Value Recovery Holding, LLC is attempting to reach you. If you dispute a debt and they fail to update the credit bureaus accordingly, hire a consumer lawyer and file a claim against Value Recovery Holding, LLC. If the outcome is in your favor, you could win $1,000 per FDCPA violation plus legal expenses. Don’t be bullied into forgetting that you have rights.
*Case taken from PACER (pacer.gov). File number is Case 1:14-cv-03330-RM-KLM from the United States District Court for the District of Colorado.
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 Value Recovery Holding, LLC or any other third-party collection agency, you may not be entitled to any compensation.