What is Apex Financial Management, LLC?
Established May 1, 2004 in Buffalo Grove, Illinois, Apex Financial Management, LLC is a debt collection agency run by its president, Mr. Randy Zankl. The debt collector facilitates collection of both consumer and commercial debt on a contingent fee basis, serving financial institutions and others. Apex Financial Management, LLC is a wholly-owned subsidiary of Hilco Receivables, LLC, which specializes in accounts receivable portfolio acquisitions, receivables appraisals and collection services.
Is Apex Financial Management, LLC a legit Debt Collection Agency?
Yes, Apex Financial Management, LLC is legitimate debt collector. The company has been recognized by the Better Business Bureau (BBB) since April 2006 but is not BBB-accredited and the BBB listing has not been claimed by the business owner. Even though it operates as a subsidiary of the Hilco Organization, Apex Financial Management, LLC does appear to be a legitimate debt collection agency.
Apex Financial Management, LLC Contact Information:
1120 W. Lake Cook Rd., Ste. A
Buffalo Grove, IL 60089
(866) 876-2739 (phone)
What kind of complaints does Apex Financial Management, LLC have against them?
There are no public complaints against Apex Financial Management, LLC on the popular consumer forums, including the BBB. Since Apex Financial Management, LLC is a wholly-owned subsidiary of a much larger finance-related company, the absence of complaints could imply that the debt collector uses a different alias in communications with alleged debtors.
Are Apex Financial Management, LLC's Practices Legal?
It is against federal debt collection regulations to engage in certain annoying and unkind acts in furtherance of pursuing repayment of a debt, including: calling before 8:00AM or after 9:00PM, calling repeatedly or even just a few times per week (no matter how many different phone numbers they use), calling your place of work if you are not permitted personal calls, calling you after you have made an unmistakable request for them to stop calling, using profanity or other threatening language, and other intimidating actions. It is also unlawful for collectors to misrepresents who they are and what the purpose of their communication is, as well as for them to attempt collection on an amount more than you owe or to collect from someone who is not legally responsible for the debt. These actions amount to debt collection harassment, and you have the right to be free of this behavior. Moreover, these actions, if true, violate the Fair Debt Collection Practices Act (FDCPA) and the Rosenthal Fair Debt Collection Practices Act (RFDCPA).
How can I defend myself against a debt collector like Apex Financial Management, LLC?
Complaints regarding Illinois-based collectors can be made to the Illinois Attorney General's Office. Questions or complaints regarding Springfield-based collectors specifically can be directed to 1-800-243-0618. Complaints regarding a collector in any state may be filed with the Federal Trade Commission at www.ftc.gov or (877) FTC-HELP (877-382-4357), and complaints regarding any debt collector or other business can be made at BBB complaints.
If you believe you have a claim for collection harassment or are a victim of another violation of state or federal debtor's rights, you should speak with a consumer rights lawyer or debt collector harassment attorney immediately. Contact us today to discuss your matter and see how we can help at no cost to you.