Despite the passage of a landmark federal consumer protection law, many debt collection agencies have not stopped implementing overly aggressive debt collection tactics. Why do companies cross the legal line when it comes to collecting outstanding credit card and personal loan accounts?
The answer is money.
Third party debt collectors such as Sequium Asset Solutions, LLC earn incredible profits for convincing consumers to take care of their financial obligations. With money a huge motivator, it is not surprising that some bill collectors continue to harass and intimidate consumers, such as using abusive language and issuing threats. However, rest assured that with an accomplished consumer protection lawyer on your side, you will find legal relief by invoking the Fair Debt Collection Practices Act (FDCPA).
About Sequium Asset Solutions, LLC
Only in operation for three years, Sequium Asset Solutions, LLC has already established a poor record in regards to interacting with consumers. In fact, the Marietta, Georgia debt collection agency has received the low B- rating from the Better Business Bureau (BBB). On its comprehensive website, the BBB emphasizes the poor rating stems from the unresponsive manner in which Sequium Asset Solutions, LLC interacts with consumers. Several consumers contributing to the BBB page foe Sequium Asset Solutions, LLC mention leaving frequent voice messages and not hearing back from the third party debt collector.
Types of Threats Prohibited by the FDCPA
When the United States Congress wrote the legal language that eventually became the ultimate consumer Bill of Rights, the governing body was motivated to prevent bill collectors from issuing threats. By using threats, debt collection agencies were able to intimidate some consumers into settling debts they did not even owe. Under the FDCPA, Sequium Asset Solutions, LLC cannot threaten you with legal action. However, the debt collection agency is allowed to file a lawsuit against you in a civil court.
The company is banned from threatening you with any type of bodily harm, even if the threat is considered a veiled threat. You should never permit a bill collector to threaten you with a wage garnishment order, although seeking a wage garnishment order from the proper ruling body is allowed under federal consumer protection law.
Do You Qualify for Just Compensation?
The FDCPA gives consumers the right to file a claim in civil court that seeks both statutory and actual damages. Statutory damages are awarded in cases where a licensed FDCPA lawyer can prove a debt collection agency violated one or more provisions of the federal consumer protection law. With a maximum award of $1,000 for statutory damages, your FDCPA attorney might decide to file a claim seeking actual damages. If you suffer from physical and/or emotional distress symptoms, and the symptoms are directly related to the lawbreaking tactics implemented by Sequium Asset solutions, LLC, then you might have a strong enough case to file a lawsuit that seeks actual damages.
Work with an FDCPA Lawyer
You cannot expect to win an FDCPA case, unless you hire an experienced consumer protection attorney who knows how to win a case that includes the issuing of threats. Schedule a free initial consultation today with a highly rated FDCPA attorney.
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*Disclaimer: The content of this article serves only to provide information and should not be construed 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 compensation.