Forster & Garbus LLP -- Consumer Complaint Report & Risk Analysis

Debt Collection Practices Under Scrutiny

Complaint Summary

Forster & Garbus LLP has received 26 consumer complaints filed with the CFPB across 2 products. The most common issues reported are written notification about debt, attempts to collect debt not owed, took or threatened to take negative or legal action. Complaints span 4 states, with New York and Florida leading in complaint volume.

Company Overview

Company: Forster & Garbus LLP

Total CFPB Complaints: 26

AI Risk Score: 62/100

Most Recent Complaint: 2022-07-14T12:00:00-05:00

Risk Breakdown

  • Complaint Volume: medium
  • Response Quality: fair
  • Issue Recurrence: medium
  • Consumer Harm Severity: low

AI Company Analysis

Forster & Garbus LLP has 25 consumer complaints on file with the CFPB. Company has received 25 complaints. Most complaints are related to debt collection practices.

Response Quality Assessment

fair

Top Consumer Issues

Attempts to collect debt not owed -- Severity: medium

Red Flags

  • Company has made false statements or representations in debt collection efforts.

Green Flags

  • Company has communicated with consumers in a timely manner.

Consumer Tips & Advice

Consumers are advised to verify the accuracy of the debt before responding to collection efforts.

Complaint Trend Analysis

There is a trend of increasing complaints related to debt collection practices.

Regulatory History

Regulatory history shows multiple instances of fines for improper debt collection practices.

Industry Context

The industry context highlights the importance of accurate and transparent communication in debt collection.

Frequently Asked Questions About Forster & Garbus LLP

How many CFPB complaints does Forster & Garbus LLP have?

Forster & Garbus LLP has 25 complaints on file with the CFPB. The most recent complaint was filed on July 12, 2022.

What is Forster & Garbus LLP's complaint response rate?

Response rate data is not yet available for Forster & Garbus LLP.

Does Forster & Garbus LLP respond to complaints on time?

Timely response data is not yet available for Forster & Garbus LLP.

Is Forster & Garbus LLP safe to do business with?

Debt Collection Practices Under Scrutiny Forster & Garbus LLP has 25 CFPB complaints. Risk score: 62/100.

What red flags exist for Forster & Garbus LLP?

Potential red flags for Forster & Garbus LLP: Company has made false statements or representations in debt collection efforts.. These are based on analysis of CFPB complaint patterns.

What are Forster & Garbus LLP's strengths?

Positive indicators for Forster & Garbus LLP: Company has communicated with consumers in a timely manner..

What tips should consumers know about Forster & Garbus LLP?

Consumers are advised to verify the accuracy of the debt before responding to collection efforts.

Are complaints against Forster & Garbus LLP increasing or decreasing?

There is a trend of increasing complaints related to debt collection practices. Forster & Garbus LLP currently has 25 total complaints.

Has Forster & Garbus LLP faced regulatory action?

Regulatory history shows multiple instances of fines for improper debt collection practices.

How does Forster & Garbus LLP compare to industry peers?

The industry context highlights the importance of accurate and transparent communication in debt collection.

What unique insight can be drawn from the complaint data?

The majority of complaints are related to attempts to collect debts that are not owed, indicating a potential issue with the accuracy of the debt information provided by the company.

Recent Complaints Against Forster & Garbus LLP

Complaint IDProductIssueDate ReceivedCompany ResponseState
#8435241Debt collectionFalse statements or representation2024-02-27T12:00:00-05:00South Carolina
#8312588Debt collectionFalse statements or representation2024-02-08T12:00:00-05:00New York
#8275047Debt collectionWritten notification about debt2024-02-02T12:00:00-05:00New York
#8268453Debt collectionWritten notification about debt2024-02-01T12:00:00-05:00New York
#7776081Debt collectionWritten notification about debt2023-10-19T12:00:00-05:00New York
#7533451Debt collectionTook or threatened to take negative or legal action2023-09-11T12:00:00-05:00New York
#7384152Debt collectionWritten notification about debt2023-08-10T12:00:00-05:00New York
#7165422Debt collectionAttempts to collect debt not owed2023-06-25T12:00:00-05:00New York
#6847350Debt collectionAttempts to collect debt not owed2023-04-16T12:00:00-05:00New York
#6831848Debt collectionWritten notification about debt2023-04-12T12:00:00-05:00New York
#6548328Debt collectionWritten notification about debt2023-02-08T12:00:00-05:00New York
#6532812Debt collectionAttempts to collect debt not owed2023-02-02T12:00:00-05:00New York
#6497123Debt collectionWritten notification about debt2023-01-27T12:00:00-05:00New York
#6180579Debt collectionAttempts to collect debt not owed2022-11-08T12:00:00-05:00New York
#6078582Debt collectionCommunication tactics2022-10-12T12:00:00-05:00Texas
#5889779Debt collectionAttempts to collect debt not owed2022-08-17T12:00:00-05:00New York
#5773670Debt collectionTook or threatened to take negative or legal action2022-07-14T12:00:00-05:00New York
#5764672Debt collectionTook or threatened to take negative or legal action2022-07-12T12:00:00-05:00New York
#5737999Money transfer, virtual currency, or money serviceFraud or scam2022-07-05T12:00:00-05:00New York
#5572120Debt collectionWritten notification about debt2022-05-17T12:00:00-05:00New York

Forster & Garbus LLP Complaints by State

Forster & Garbus LLP Complaints by Product

Forster & Garbus LLP Complaints by Issue

Disclaimer

This analysis is based on CFPB complaint data and AI interpretation.

About This Report

This consumer complaint report for Forster & Garbus LLP is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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