When it comes to debt collection, there are some companies that may seem legitimate. They call, politely inform you of a debt that you may owe, and leave it at that. However, more often than not, debt collectors and their representatives are pushy, excessive, and in some cases, extremely threatening and rude. It has been alleged that the debt collection agency Asset management Outsourcing Inc has treated people in this way. Here is what you need to know if you have been contacted by the debt collection agency Asset management Outsourcing Inc.
What is Asset Management outsourcing Inc?
Asset Management Outsourcing inc is listed as a debt collection agency operating out of Norcross, Georgia. They are said to serve the Metro Atlanta, Athens, and North East Georgia areas, with an emphasis on helping consumers manage their debts quickly and efficiently. They are headed by Ms. Kathy Hronek, who is listed as the Principal and Compliance Specialist.
Is Asset Management Outsourcing Inc a legit Debt Collection Agency?
Asset Management Outsourcing is considered to be a legitimate debt collection agency. The business was started in 1999, and have been in business for 21 years. Their Better Business Bureau file was opened in 2002, although they have not been accredited through the BBB as of yet. They currently have an A+ rating with the BBB, but they do not have any reviews on their company.
Asset Management Outsourcing Inc. is known to have multiple different aliases and names. Because of this, although they are legitimate, it is assumed that they utilize illegal and immoral practices in an attempt to stay relevant.
Asset management Outsourcing Inc. Contact Information
Address: 5655 Peachtree Pkwy Ste 213 Norcross, GA 30092-2812
Phone Number: 1-800-801-3502
Other Phone: 1-800-771-3400
Other Phone: 1-770-825-8000
Other Phone: 1-770-825-8032
Fax Number: 1-678-282-1513
Alternate Names: Nationwide Recovery Services, AMO Recoveries Inc., AMO Recoveries
Does Asset Management Outsourcing Inc have Complaints against them?
Asset Management Outsourcing Inc. does have quite a few complaints made against them within the last few years. A search of them on the BBB database yields that their company profile has had 3 complaints against them within the last 3 years, with 1 complaint being made within the last 12 months.
A quick search of the Consumer Financial Protection Bureau's Consumer Complaint Database yields larger results. A total of 427 complaints have been made against Asset Management Outsourcing Inc. covering a wide variety of issues and problems.
There are no listed complaints against their known aliases.
What kind of Complaints have been made?
The complaints made encompasses a wide variety of problems and complications. Through the BBB's database, the complaints are due to issues with advertisement, billing collections, and issues with the product and service provided.
Through the CFPB's CCD, 396 of the complaints are due to debt collection issues, 26 issues with credit reporting and repair, 4 with credit reporting on its own, and 1 consumer loan complaint.
The complaints all document illegal activities, such as:
- Excessive and inappropriate calls and messages being sent to consumers
- Attempting to collect on a debt not owed
- Abusive and threatening language used in an attempt to elicit payments
- Threats to the consumers' well-being
- Utilizing misinformation and attempting to lie to consumers about amount owed
- Using falsified statements and reports to misinform consumers
All of the tactics used above go directly against the Fair Debt Collections Practice Act that protects consumers and debtors against predatory debt collection techniques and harassment. The FDCPA directly states that debt collectors may not use these tactics in any way or form in an attempt to collect on the debt. If they do, then it is considered debt collection harassment, and is punishable by law.
How can I protect myself and fight back against Asset Management Outsourcing Inc?
There are many ways for you to fight back against such predatory companies such as asset management outsourcing Inc. To start, you must be willing to tell them to stop calling you. Although this may seem silly and ridiculous to do, they are legally obligated under the FDCPA to stop contact with you if you request them to. If they do not, it is a breach of the FDCPA laws, and considered illegal in terms of debt collection practices.
The second way to protect yourself is to verify the debt. As stated above, debt collectors like asset management outsourcing inc. will use just about anything in an attempt to get paid, including falsifying a debt entirely. Requesting authentication of the debt is well within your rights as a debtor and consumer. This can be done in several ways, such as asking to speak with the original debt holder, or asking for written authentication in a letter or note. If they do not provide you with this information, then you are not obligated to pay the debt in any form.
If they continue to contact you and threaten you, it may be time to seek legal counsel. We here at the Law Office of Paul Mankin, APC have a strong and knowledgeable set of attorneys and lawyers that are well versed in debt collector harassment and their tactics. We are able to assist you in identifying debt collector harassment, putting a stop to the harassment, and reporting the harassment to the proper authorities to keep debt collectors such as Asset management Outsourcing Inc. in check.
Not only can we help you to defend against harassment, we can also help to build a case, and assist you in understanding where the illegal collection patterns are for debt collectors. We are also able to help facilitate any communications or discussions between the parties, ensuring that nothing you say can be used against you.
The most important bit of information in your fight is to always remain vigilant. No matter who you have at your side, it can seem like a daunting battle against such a large company and agency. If you have ever been the subject of:
- Multiple calls per week from a third party collection agency
- Multiple calls in the early morning or late night from debt collectors.
- Violent and belligerent language and harassment from debt collectors.
- Threats of arrests or poor credit due to outstanding debts.
- Having your friends, family, and coworkers harassed from debt collectors.
- Automated robocalls from third party collection agencies.
Then you may have a case available. So do not wait, make sure to give us a call, and get started fighting back against the debt collection harassment.