Spring Oaks Capital Debt Collection Harassment?
Spring Oaks Capital Debt Collection Harassment? When you default on your loan or credit card payments for a long time, your account may get sent to a collection agency like Spring Oaks Capital who begins to follow you up for the debt. These sorts of collection agencies are known as third-party debt collectors and they are legally licensed to do everything they deem necessary to get you to resolve your delinquent debt account, provided that it is within the boundaries of what is considered legal and ethical. These third-party debt collectors get paid only if they successfully get debtors to pay what they owe.
It is legal for debt collectors to put pressure on you to pay up your debt. That is what they are paid to do. This is how they make money. What’s not legal is employing deceptive, abusive, and unfair practices while trying to collect a debt. Such unfair practices include using profanity or abusive language when speaking to you, calling you before 8:00 a.m. or after 9:00 p.m., calling you multiple times a day, talking to other unauthorized persons about your debt, calling your workplace even when they have been told not to, threatening to sue you, harm you, or destroy your credit, or telling you or anyone else that your debt makes you a criminal. It is also important to negotiate settlement terms in writing to protect yourself legally and ensure fair practices.
The FDCPA prohibits all forms of unfair and deceptive methods of debt collection and provides an avenue for you to get justice against an erring debt collection agency by suing them to court. If Spring Oaks Capital is guilty of violating any of your FDCPA rights, you may be able to recover statutory damages of up to $1000 per violation, plus the offending debt collector agency is responsible for paying your attorney fees. Call us today at 877-700-5790 to determine if you have a viable case.
How do I know if Spring Oaks Capital is violating Fair Debt Collection Practices?
It is totally annoying and unfair to be subjected to constant harassment from debt collectors. Regardless of the amount that you owe, nobody should be made to go through the torturous ordeal that is debt collection harassment. Various ways in which collection agencies may be harassing you include:
– Calling you nonstop
– Threatening and scaring you
– Using obscene and profane words while communicating with you
– Telling your family or friends information about your debt
– Calling you at odd hours (Before 8 am or after 9 pm)
If a collection agency is doing any of the above to you, they are violating the FDCPA (Fair Debt Collection Practices Act) and that is an offense punishable under the law. Call us now on 877-700-5790.
What do I do if I suspect that I’m being harassed by Spring Oaks Capital?
If you have experienced or are still experiencing any form of harassment from collection agencies, you must be aware that it is unlawful. Don’t be scared to silence by their threats. You should take action.
First, communicate to the debt collector and let them know that they are violating your consumer rights under the FDCPA, and if they continue, you will be forced to take some form of legal action. Debt collectors know your rights, they just hope that you don’t. When a debt collector sees that you have sufficient knowledge about your debt collection rights, they will most likely stop the harassment because they know the legal implications of their unethical actions.
If the debt collection harassment doesn’t stop, send a cease-and-desist letter, telling the agency not to contact you further. This will not stop the collector from collecting on the debt, neither will it stop them from taking legal action against you, however, it will stop all the harassing calls and voice messages that you are currently receiving. After they receive your letter, the debt collector is not allowed to call you except to inform you that certain legal actions could (or would) be taken against you.
If debt collectors continue calling you after a cease-and-desist letter, you should file a complaint to your state Attorney General or sue the debt collector to court.
Is Spring Oaks Capital a Scam?
According to the Better Business Bureau website, Spring Oaks Capital has been in business since 2019. There have been 360 complaints closed in the last 3 years and 225 complaints closed in the last 12 months. Read more about it here: Spring Oaks Capital Better Business Bureau
Who is Spring Oaks Capital?
Spring Oaks Capital is a third-party debt collector located in Chesapeake, Virginia.
Contact Information
Address: 1400 Crossways Blvd STE 100B
Chesapeake, VA 23320-0207
Phone: (866) 281-3065
About Us
is a law firm that specializes in helping clients who are facing harassment from debt collectors. Contact our office to begin the process of stopping the harassment you may be currently facing from a third-party debt collector. 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:
Understanding Spring Oaks Capital LLC
Spring Oaks Capital LLC is a debt collection agency that purchases debts from original creditors and attempts to collect from consumers. Headquartered in Chesapeake, Virginia, Spring Oaks Capital has been accredited by the Better Business Bureau (BBB) since 2020. The company has been in operation since 2019 and has garnered attention due to numerous complaints and lawsuits related to its debt collection practices. As a third-party debt collector, Spring Oaks Capital buys delinquent accounts from original creditors, such as credit card companies, and then seeks to recover the owed amounts from consumers. While this is a common practice in the debt collection industry, it is crucial for consumers to be aware of their rights and the company’s obligations under federal law.
Fair Debt Collection Practices
The Fair Debt Collection Practices Act (FDCPA) is a federal law designed to protect consumers from abusive, deceptive, and unfair debt collection practices. Under the FDCPA, debt collectors, including Spring Oaks Capital LLC, are prohibited from engaging in behaviors such as harassment, threats, or making false statements. The law mandates that debt collectors provide consumers with written notice of the debt and inform them of their rights. Consumers have the right to dispute the debt and request validation, which requires the debt collector to provide proof of the debt’s legitimacy. If a consumer disputes a debt, the debt collector must cease collection activities until the debt is validated. Understanding these protections can empower consumers to stand up against unfair practices and ensure their rights are respected.
Resolving Debt Issues with Spring Oaks Capital
If you are being contacted by Spring Oaks Capital LLC regarding a debt, it is essential to know your rights and options. One of the first steps you can take is to request validation of the debt. This involves asking Spring Oaks Capital LLC to provide documentation of the original contract and any subsequent assignments. This ensures that the debt is legitimate and that they have the right to collect it. Additionally, you can negotiate a settlement with Spring Oaks Capital LLC. One common approach is a “pay for delete” agreement, where you agree to pay a portion of the debt in exchange for the removal of the debt from your credit report. If you find it challenging to resolve the debt issue on your own, consider seeking help from a credit repair company or a consumer law attorney. These professionals can provide guidance, negotiate on your behalf, and help you navigate the complexities of debt collection.
Spring Oaks Capital Reviews and Complaints
Spring Oaks Capital LLC has received numerous complaints and negative reviews from consumers. Many individuals have reported experiencing harassment, receiving false or misleading information, and being subjected to unfair debt collection practices. The Better Business Bureau (BBB) has also documented a significant number of complaints against Spring Oaks Capital LLC, resulting in a low rating of 1.04 out of 5 stars on the BBB website. These complaints highlight issues such as persistent phone calls, threats, and failure to provide proper debt validation. Understanding the experiences of other consumers can help you be better prepared to handle interactions with Spring Oaks Capital LLC and take appropriate action if you encounter similar issues.
Seeking Expert Help
If you are being contacted by Spring Oaks Capital LLC about a debt, seeking expert help can be a wise decision. Credit repair companies and consumer law attorneys specialize in dealing with debt collection issues and can provide valuable assistance. These professionals can help you understand your rights, dispute any false or inaccurate information on your credit report, and negotiate with Spring Oaks Capital LLC on your behalf. They can also help you develop a plan to resolve the debt issue and improve your credit score. By enlisting the help of experts, you can navigate the complexities of debt collection more effectively and work towards a more favorable outcome.