If you are being contacted by advanced capital solutions or have seen them on your credit report, you likely know that they are a debt collection agency. Generally, this means that they have purchased a debt from an original creditor who is no longer attempting to collect the amount themselves. Debt collectors are known for their relentless attempts to collect from consumers, often using a variety of tactics that can be considered harassment. In many cases, these methods are illegal and can violate consumer rights.
Fortunately, there are laws in place to protect you from being harassed by debt collectors like ACS. This is especially true when they break federal laws such as the Fair Debt Collection Practices Act (FDCPA) and the Telephone Consumer Protection Act (TCPA). In this article, we’ll discuss some common practices of ACS that violate consumer rights and some tips on how to stop them.
Is ACS a scam?
Advanced Capital Solutions or ACS is a third-party debt collection agency that operates nationally. They purchase commercial and consumer debts from creditors and then pursue collection on those debts. You may have seen them on your credit report under the collections section. Despite being a legitimate debt collection company, they have received numerous complaints from consumers over their collection practices. These violations can include threatening to take legal action that cannot legally be taken and other forms of harassment.
Can ACS arrest you?
It’s important to understand that a debt collection agency like ACS can’t threaten you with arrest or jail. This is a violation of the Fair Debt Collection Practices Act and can be grounds for a lawsuit. In addition, if you contact the debt collectors and ask them to validate the debt they claim you owe, they are required to respond within 30 days with proof that the debt is valid and belongs to you.
If a debt collector does attempt to arrest you, it’s important to get legal advice as soon as possible. You could be entitled to compensation for the time and money you lost while in custody.
Are ACS debt collectors allowed to sue you?
Although it is rare for a third-party debt collection company to sue you, they do have the right to do so. However, they must follow strict guidelines to do so. For example, they must notify you in writing that a lawsuit is being brought against you. They must also provide you with a detailed account of the debt that is being collected and the amount owed.
If a debt collection agency like ACS sues you, it’s important to get legal help as soon as possible. Mike Agruss Law can help you fight for your rights and protect you from debt collection harassment. Contact us to set up a free consultation. We can review your case and recommend the best course of action. We are committed to fighting for our clients’ rights and have a track record of success. advanced capital solutions reviews