COL Asset Management Debt Collection Harassment? Stop the Calls!
Tired of COL Asset Management Debt Collection Harassment? Wish there was a way to make the calls stop? Is COL Asset Management constantly calling and harassing you? Does your phone ring every day, several times per day, because COL Asset Management is calling you to demand payment? Threatening you with legal action? Has COL Asset Management ever used abusive or profane language when speaking with you on the phone? If so, COL Asset Management may be violating your legal rights. Stop the harassment.
The Fair Debt Collection Practices Act, also known as the FDCPA, protects consumers’ rights in the context of debt collection. In other words, debt collectors, including agents, must adhere to a certain set of rules when they are pursuing consumers who owe money. Agents involved in deceptive practices, such as posing as authority figures to intimidate consumers, are violating these rules. If a collector violates the FDCPA, you can sue the collector in court. The law allows consumers who have been victims of harassment from debt collectors to get the calls to stop in addition to recover statutory damages of up to $1,000, plus attorney fees and court costs.
It is crucial to know how to respond to debt collectors promptly to protect yourself from potential legal actions and negative credit reporting.
Introduction to Debt Issues
Dealing with debt collectors can be a challenging and overwhelming experience for consumers. Debt collectors use various tactics to collect debts, including phone calls, letters, and even lawsuits. When collecting debts, debt collectors must operate within certain legal restrictions to avoid harassing consumers. It’s essential for consumers to understand their rights and the debt collection process to navigate these situations effectively. The Fair Debt Collection Practices Act (FDCPA) is a federal law that regulates debt collection practices and provides consumers with protection from abusive and harassing debt collectors. Consumers can also file a complaint with the Federal Trade Commission (FTC) if they believe a debt collector has violated the law.
Understanding the Debt Collector
A debt collector is a company or individual that collects debts on behalf of the original creditor or buys debts from creditors to collect themselves. Debt collectors can be either first-party collectors, who work directly for the creditor, or third-party collectors, who work for a collection agency. It’s crucial for consumers to verify the identity of the debt collector and the debt they are trying to collect. Consumers can request verification of the debt in writing, and the debt collector must provide it within five days of the initial contact. When contacted by a debt collector regarding a disputed debt, it is important to respond promptly and follow the necessary steps to ensure all legal requirements are met. This verification should include the amount owed, the name of the creditor, and any other relevant information.
Is COL Asset Management a scam?
According to the Better Business Bureau website, COL Asset Management has been in business since 2015. There have been 4 complaints closed in the last 3 years and 0 complaints closed out in the last 12 months.
COL Asset Management Better Business Bureau
Who is COL Asset Management?
COL Asset Management is third party debt collector located in Buffalo, New York.
Address: 369 Delaware Ave Buffalo, NY 14202-1601
Phone: (855) 546-9129
Fax: (855) 565-9248
Consumers should handle disputes with debt collectors in writing and consider using certified mail for documentation.
Debt Collection Process
The debt collection process typically begins when a consumer fails to pay a debt, and the creditor sends the account to a collection agency. The CFPB’s Debt Collection Rule details how debt collectors are required to communicate with consumers, emphasizing the importance of clear and accurate information. The collection agency will then attempt to contact the consumer to collect the debt. Debt collectors can use various methods to collect debts, including phone calls, letters, and emails. However, they are prohibited from using harassing or abusive tactics, such as threatening arrest or using profanity. Consumers have the right to dispute a debt and request verification of the debt in writing. If the debt collector cannot verify the debt, they must stop attempting to collect it.
COL Asset Management Debt Collection Harassment Tactics
If COL Asset Management engages in any of the following tactics, you may have a case:
- Calls before 8:00 a.m. or after 9:00 p.m. or at any time or that they are given notice that it is inconvenient to call
- Call the consumer’s place of employment if they have been advised that calls cannot be accepted at work, or contact the employer more than once to verify employment or in writing for insurance information.
- Use any profane language or any language that is harassing and abusive
- Engage in any conduct, the natural consequence of which is to harass, abuse or oppress.
- Make any misrepresentations of fact, such as how much is owed, or certain actions they may take to force payment
- Threaten arrest or criminal prosecution
- Send false information to the credit bureaus
- Cause a telephone to ring an unreasonable amount of times
COL Asset Management Phone Numbers
Are you receiving any harassing phone calls from any of these numbers?
855-546-9129, 716-332-7598, 866-751-3751
If so, you may be a victim of COL Asset Management debt collection harassment. The list above is not all the numbers that COL Asset Management uses. Also, calls can be from a different number, and it still be COL Asset Management calling you. Contact our office right away so we can start the process to stop COL Asset Management from calling you illegally. Above all, no one should live with harassment.
Consumer Rights and Protection
Debt collection issues can be challenging and overwhelming for consumers. However, there are laws and regulations in place to protect consumers from unfair and abusive debt collection practices. The Fair Debt Collection Practices Act (FDCPA) is a federal law that regulates the behavior of debt collectors and provides consumers with rights and protections. This act ensures that debt collectors adhere to fair debt collection practices, preventing them from engaging in harassment, threats, or other abusive tactics. Understanding these protections can empower consumers to stand up against unfair treatment and seek the help they need to resolve their debt collection issues.
Understanding Your Rights
As a consumer, it’s essential to understand your rights when dealing with debt collectors. You have the right to dispute a debt, and the debt collector must provide you with verification of the debt. This verification should include details such as the amount owed and the name of the original creditor. Additionally, you have the right to request that debt collectors stop contacting you. If you make this request in writing, the debt collector must cease communication with you, except to inform you of specific actions they are taking, such as filing a lawsuit. Debt collectors are also prohibited from engaging in harassment, threats, or intimidation to collect a debt. Knowing these rights can help you protect yourself from unfair practices and take control of your financial situation.
Legal Protections Against Harassment
The FDCPA provides robust legal protections against harassment by debt collectors. Debt collectors are not allowed to make repeated phone calls to annoy or harass you, and they cannot contact you at unusual or inconvenient times or places. They also cannot threaten to harm you or your property, or make false or misleading statements about the debt or their intentions. If you believe a debt collector has violated your rights, you can file a complaint with the Federal Trade Commission (FTC) or your state Attorney General’s office. These agencies have the authority to investigate and take action against debt collectors who engage in illegal practices. By understanding and asserting your rights, you can protect yourself from harassment and ensure that debt collectors treat you fairly.
Disputing a Debt
Disputing a debt can be a complex process, but it’s essential to understand your rights and options. If you receive a notice from a debt collector, respond as soon as possible to avoid further collection efforts. Ignoring the notice can lead to more aggressive collection tactics, including potential legal action. By responding promptly, you can assert your rights and take control of the situation.
How to Dispute a Debt with COL Asset Management
If you’re dealing with COL Asset Management, a collection agency, and you want to dispute a debt, you should follow these steps:
- Respond in writing: Send a letter to COL Asset Management disputing the debt and requesting verification of the debt. Make sure to include your name, address, and account number.
- Request verification: Ask COL Asset Management to provide you with verification of the debt, including the original creditor, the amount owed, and any supporting documentation.
- Stop contacting: If you want to stop contacting from COL Asset Management, send a letter requesting that they cease communication with you.
- Seek legal advice: If you’re unsure about how to dispute a debt or need help navigating the process, consider seeking legal advice from an attorney.
- File a complaint: If you believe COL Asset Management has violated your rights, file a complaint with the FTC or your state Attorney General’s office.
Remember, as a consumer, you have rights and protections under the law. Don’t be afraid to assert your rights and seek help if you’re dealing with debt collection issues. By taking these steps, you can protect yourself from unfair practices and work towards resolving your debt in a fair and legal manner.
Common Questions:
Is COL Asset Management a scam? No, COL Asset Management has been in business since 2015.
For example, under the guidelines set by the Fair Debt Collection Practices Act (FDCPA), debt collectors are prohibited from using abusive, unfair, or deceptive practices to collect from you. This includes actions such as making false statements or threats.
Can COL Asset Management seize my property? COL Asset Management can’t seize your property, but there are some exceptions. If the debt was tied to the property, the collector may be able to repossess it. Or, if the collector has sued and obtained a judgment against you, the debt collector may be able to take certain property as permitted by the court. There are legal limits on how much a debt collector can garnish from your wages and bank accounts, and certain federal benefits are protected from garnishment.
Can COL Asset Management sue me? Yes, COL Asset Management can sue you so long as the debt is within the statute of limitations.
Can COL Asset Management report my debt to the collections bureaus?
Can COL Asset Management arrest me? Debt collectors don’t have the authority to have you arrested for a debt. However, if you violate a court order, e.g. an order to appear in court, the judge can issue a warrant for your arrest. Depending on the laws in your state, you may be arrested for certain debts like unpaid child support or traffic tickets.
The following is a sample list of complaints filed against COL Asset Management and can be found on Pacer.org.
1:16-cv-02011-CAP Parks v. COL Asset Management, LLC et al
CONSUMER RIGHTS LAW FIRM, PLLC
is a law firm that specializes in helping clients who are facing harassment from debt collectors in any form, including telephone communication. Contact a legal professional to stop COL Asset Management debt collection harassment. Our office has been assisting consumers since 2010. We have an A+ rating with the Better Business Bureau.
We provide essential resources and guidance through various platforms to empower consumers facing debt collection challenges.
Consumer Rights Law Firm, PLLC Better Business Bureau
If you are interested in learning more about how to safeguard yourself and prevent COL Asset Management debt collection harassment, call us at for immediate assistance or visit our website at www.consumerlawfirmcenter.com.
“What an amazing experience I had with Consumer Rights Law firm. I kept getting constant calls from a debt collector who was asking for someone I didn’t know. After explaining over and over I was not the person they were looking for, The calls still continued, it became frustrating and very annoying. I came across this firm and just called to talk to someone to see how I could get the calls to stop. I spoke to a gentleman that was very professional and very helpful. Not only did they get the calls to stop immediately, but they were also able to put some money in my pocket as well, Here’s the best thing, it cost me nothing for them to help me. They come highly recommended. Thank you Consumer Rights”
“I had the pleasure of dealing with Consumer Rights Law Firm PLLC on 2 different occasions the staff was very courteous and helpful and they were familiar with the Collection Agencies in question and the harassment calls stop, I was even compensated. I would recommend this company to anyone going thru this type of harassment a very satisfied customer.”
“I would highly recommend the Consumer Rights Law Firm to anybody that has been harassed! They were very professional and straightforward about my rights.”
Check out a links below for more information:
https://consumerlawfirmcenter.com/receivables-management-partners-phone-harassment/
https://consumerlawfirmcenter.com/credit-corp-solutions-phone-harassment/
https://consumerlawfirmcenter.com/absolute-credit-phone-harassment/
