Acquired Assets, Ltd. Debt Collection Harassment?

Acquired Assets

Acquired Assets, Ltd. Debt Collection Harassment?

Is Acquired Assets, Ltd. Harassing you over a debt?

If you have recently received a call from a collection agency, saying you owe a particular amount, you have three options; seek to know more, pay the debt immediately, or ignore the debt collector. The first option is the best.

Choosing to ignore a debt collector is a bad idea because it can lead to ugly future events like surprise lawsuits. Immediately paying a debt collector who calls you is also a bad idea because you may be paying a debt that isn’t yours, a debt that doesn’t exist, or a debt that already been settled or discharged in bankruptcy.

When you get a call from a debt collector, the wise thing to do is to seek to know more by seeking validation or verification. This will help you know if you should pay the debt or not.

While you do this, the debt collector is prohibited from calling you or making any attempts to collect on the debt. The Fair Debt Collection Practices Act is a law that guides debt collection and it frowns against any form of debt collection harassment.

If a debt collector is making you feel uncomfortable or insecure, please contact us now.

What is a debt validation request? 

The Fair Debt Collection Practices Act mandates debt collectors to honor a debtor’s debt validation request. A debt validation request as the name implies is a letter that requests for debt verification/validation.

Debt validation can save you from paying debts you shouldn’t be paying or debts that the collection agency is not authorized to collect from you.

A debt validation request must be sent within 5 days of the first contact from the debt collector.

After you have requested for a debt validation request, the collection agency is expected to cease contacting you until they respond by sending you a debt validation letter. This letter should contain vital information like a copy of the original contract, proof that you owe the debt, the original creditor, and your contact information.

Who is Acquired Assets, Ltd.?

Acquired Assets, Ltd. is a third-party debt collector located in Mineola, New York. The company was established as a domestic business corporation in Nassau county, on March 28, 1994, 26 years ago, and specializes in collecting defaulted debt on behalf of financial institutions.

Contact Information

147 WILLIS AVE
MINEOLA, NY 11501

Phone: (516) 746-1040

Is Acquired Assets, Ltd. a Scam?

No, they are a legitimate collection agency. Acquired Assets, Ltd. Although now accredited by the BBB as at the time of this writing, the agency as received 21 complaints from distressed consumers with the CFPB.

 

Acquired Assets, Ltd is often referred to or searched for by other names. These include:

ACQUIRED ASSETS LTD INC

Acquired Assets, Ltd Phone Numbers

Are you receiving any harassing phone calls from any of the following numbers?

516-746-1040

If the answer is yes, then you are receiving calls from a known Acquired Assets, Ltd number. You may be a victim of Acquired Assets, Ltd phone harassment. Call us now on 877-700-5790

About Us

Consumer Rights Law Firm, PLLC a law firm that specializes in helping clients who are facing harassment from debt collectors. If you suspect that your debt collection rights are being trampled upon, contact our office to begin the process to stop the harassment you may currently be receiving from Acquired Assets, Ltd. Our office has been assisting consumers since 2010, and we have an A+ rating with the Better Business Bureau.

Call us at 877-700-5790 for immediate assistance.

 

Check out the links below for more information:

https://www.consumer.ftc.gov/articles/debt-collection-faqs

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