Debt collection -- Took or threatened to take negative or legal action -- Complaint #5103020
Complaint Overview
Complaint ID: 5103020
Company: Second Round Limited Partnership, Austin, Tx Branch
Product: Debt collection
Sub-Product: Credit card debt
Issue: Took or threatened to take negative or legal action
Sub-Issue: Sued you without properly notifying you of lawsuit
State: Arkansas
ZIP Code: 72701
Date Received: 2022-01-11T12:00:00-05:00
Date Sent to Company: 2022-01-11T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
XX/XX/2021 I was served with a lawsuit filed by SECOND ROUND SUB LLC. I was blindedsided, first I had never heard of second round sub LLC or their allegations. I was sent nothing from Second round sub LLC or the law firm they are using to bypass the laws regarding debt collector lisensing. Nothing was sent to me prior to the lawsuit papers. Nothing sent by second round sub LLC or their hired law firm XXXX XXXX XXXX. I confirmed SECOND ROUND SUB LLC, IS NOT LISENSED TO collect or obtain a debt for collection on a Arkansas resident. I have found mixed interpretations on this Arkansas law, it looks like there is a grey area, these type third party debt collection agencies are abusing that grey area to file lawsuits on thousands of unexpecting Arkansas residents. Most of these civil cases end in a default judgement and the debt buyer then legally robs the individual for whatever amount they have made up and stuck in a baseless lawsuit. It's awful! it's criminal and must get regulated. Something has to be done. Look at the Arkansas civil court dockets. It's overwhelming packed with lawsuits as I just described. Consumers need to understand just because a third party debt collector says something in a lawsuit DOES NOT MAKE IT FACT. Not by a long shot. In my case, I absolutely deny what they are aledging, I know there is no factual evidence, because the allegations never happened. This has to stop. When a company is using a law firm to come after unexpecting individuals, they are using the courts as a weapon and it's threatening and can be very intimidating to a individual. Third party " junk debt buyers '' entire business model is based on default judgements! Where is the justice in this! It's twisted into legal robbery! Throwing hundreds of thousands of individuals and their families into bankruptcy, homelessness, a wide variety of negative impacts by this " grey area " and these business models set up to abuse it. I am filing a complaint on second round sub LLC with you and the with the Arkansas debt collector lisensing agency.
Frequently Asked Questions
What is Complaint #5103020 about?
Complaint #5103020 was filed against Second Round Limited Partnership, Austin, Tx Branch regarding Debt collection specifically about Took or threatened to take negative or legal action. It was received by the CFPB on 2022-01-11T12:00:00-05:00.
How did Second Round Limited Partnership, Austin, Tx Branch 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 Second Round Limited Partnership, Austin, Tx Branch?
Yes, visit the Second Round Limited Partnership, Austin, Tx Branch company profile at readthecomplaint.com/company/second-round-limited-partnership-austin-tx-branch 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.