Debt collection -- Took or threatened to take negative or legal action -- Complaint #4505440
Complaint Overview
Complaint ID: 4505440
Company: Financial Asset Management Systems INC
Product: Debt collection
Sub-Product: Private student loan debt
Issue: Took or threatened to take negative or legal action
Sub-Issue: Threatened to sue you for very old debt
State: New York
ZIP Code: 11434
Date Received: 2021-06-30T12:00:00-05:00
Date Sent to Company: 2021-06-30T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
FAMS called me on multiple occasions attempting to collect a debt that was out of statues of limitations and out of there jurisdiction w/o consent or proper authorization. They did not provide the original contract verifying that I was the original debtor. They where in violation of laws 15 US C 1692 a 5 15 US C 1692 c a 15 USC 1692 d 15 US C 1692B 5 15 US C 1692 b a 15 US C 1692 b 2 a 15 US C 1605 a 15 US C 1692 f
Frequently Asked Questions
What is Complaint #4505440 about?
Complaint #4505440 was filed against Financial Asset Management Systems INC regarding Debt collection specifically about Took or threatened to take negative or legal action. It was received by the CFPB on 2021-06-30T12:00:00-05:00.
How did Financial Asset Management Systems INC respond to this complaint?
The company responded with: "Closed with explanation". The response was timely.
What is the risk level of this complaint?
See the risk assessment section for details on this complaint's risk profile.
How do I file a similar complaint?
You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Debt collection) and describe your issue in detail.
Can I see other complaints against Financial Asset Management Systems INC?
Yes, visit the Financial Asset Management Systems INC company profile at readthecomplaint.com/company/financial-asset-management-systems-inc to see all complaints, risk scores, and analysis.
Disclaimer
This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.