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Financial Asset Management Systems Phone Harassment?

Does it seem like the phone wouldn’t stop ringing? Are you being constantly hounded with calls and messages from Financial Asset Management Systems? This is probably because you owe a debt and are being contacted by a debt collection agency. Debt collection agencies task themselves with collecting third party debt and often go to extreme measures in order to do so, hence the unending and frustrating calls. People who have been there will tell you that being in debt can be vexing and might even be the source of many sleepless nights. However, remember to always maintain your cool when dealing with a debt collector and try not to engage them in a verbal battle.

You probably didn’t know that there are Federal laws that protect consumers like you from being harassed and treated unfairly, they also ensure that your human rights are not violated by debt collectors while trying to recover a debt. These laws are called the Fair Debt Collection Practices Act (FDCPA). Are you wondering why Financial Asset Management Systems is contacting you over your unpaid debt when you have no memory of ever owing them? This is because they have purchased your debt from the creditor who you initially owe and as a debt collection agency, they are trying to get you to pay up. It is important to note that not all types of debt are covered by the FDCPA. Businesses in debt or individuals who take business loans are not covered, however personal, household, medical and student loans are.

So you’re in debt, and you have been contacted by a debt collection agency, soliciting the help of an experienced professional is your best bet of coming out unscathed and successful Reach out to us now at 877-7600-5790. We are always willing to help.

What is a debt collector expected to do while trying to collect a debt?

  1. Contact you: Debt collection agencies are allowed to contact you. However, they are required to provide: the name of the creditor, the amount you owe, and the name of the collection agency in charge of recovering that debt.
  2. Report you to the credit bureau for excessive delay in payment and delinquency, this can affect your credit score.
  3. Sell your debt: A first-party creditor can sell your debt to another collector if they haven’t been able to collect it or sell the remainder if part payment has been made.
  4. Negotiate your debt: Debt collectors buy debts from original creditors at a cheaper rate. This gives them a profit margin if they are able to recover what was initially owed. As a result of this, they can be ready to negotiate your debt with you, you can negotiate a settlement of 25-30% of what you initially owed. Remember to keep all records of settlements and agreements made.
  5. Sue you: Yes, a debt collector can take you to court over your unpaid debt. It is absolutely necessary to get legal counsel when this happens and be sure to make an appearance in court, else the collector wins by default.

Dealing with collectors is not always a walk in the park however, it doesn’t have to be a nightmare either. Remember to calmly assess your situation, verify your debt to eliminate the chances of being scammed by fraudsters by always knowing your rights. Most importantly seek legal advice from an attorney who specializes in consumer law. You can contact an A+ accredited consumer rights lawyer on 877-700-5790. Get a roadmap to your freedom from debt harassment; call us today.

Who is Financial Asset Management Systems?

Financial Asset Management Systems is a third-party debt collector located in Georgia. They have been a party to over 190 federal cases.

Contact Information

Address: 645 Molly Ln STE 110

Woodstock, GA 30189-3733

Phone: (888) 668-6925

Is Financial Asset Management Systems a Scam?

According to the Better Business Bureau website, Financial Asset Management Systems has been in business for 25 years. There have been 14 complaints filed against FAMS with the BBB by harassed debtors and dissatisfied consumers. Read more here: Financial Asset Management Systems Better Business Bureau

Financial Asset Management Systems Phone Numbers

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

888-668-6925, 800-339-4639, 636-925-5300, 678-254-3311, 770-438-5880, 866-924-3267, 678-937-5100, 678-937-5138, 770-438-5586, 800-490-0892, 800-399-4984, (888) 668-6925, (800) 339-4639, (636) 925-5300, (678) 254-3311, (770) 438-5880, (866) 924-3267, (678) 937-5100, (678) 937-5138, (770) 438-5586, (800) 490-0892, (800) 399-4984, 8886686925, 8003394639, 6369255300, 6782543311, 7704385880, 8669243267, 6789375100, 6789375138, 7704385586, 8004900892, 8003994984,

If the answer is yes, then you are receiving calls from a known FAMS number.  If you are receiving any form of harassment during these calls, do not hesitate to reach out to a qualified professional at 877-700-5790 for help.

The following is a sample list of complaints filed against Financial Asset Management Systems in the past year and can be found on Pacer.org.

5:11-cv-00346-MMH-TBS Smith v. Financial Asset Management Systems

1:09-cv-01526-ODE Roberts v. Financial Asset Management Systems

2:12-cv-00285-DAK Huffman v. Financial Asset Management Systems

2:11-cv-04198-RZ Steven Ibarra v. Financial Asset Management Systems Inc

4:08-cv-02189 Bankston v. Financial Asset Management Systems Inc

About Us

Consumer Rights Law Firm, PLLC is 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 FAMS. 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://consumer.ftc.gov/articles/debt-collection-faqs

Georgia Attorney General

Consumer Finance