Worldwide Asset Purchasing
Debt collection companies are often bound together like a tangled web, and it’s not always easy to separate one from the other. It appears as though Worldwide Asset Purchasing is related to West Asset Management, and that both are owned by West Corporation. Regardless of who owns which company, one thing is clear: there have been a number of federal lawsuits filed against Worldwide Asset Purchasing for alleged violations of the Fair Debt Collection Practices Act.
Stop Worldwide Asset Purchasing Calls
If you’re being hounded with Worldwide Asset Purchasing Calls, it’s important to understand exactly what debt buyers do. Basically, they buy old debt for pennies on the dollar, and then count on a percentage of consumers paying up. Many times, the statute of limitations has run out on these debts, meaning that they cannot go to court and get a legal judgment against the consumer.
When a company like Worldwide Asset Purchasing calls, the first thing you need to do is ask for documentation or validation of the debt. The Fair Debt Collection Practices Act says that debt collectors have to send you a written notification within five days of contacting you, and that you have 30 days to dispute the validity of a debt. It’s important that you file a dispute – in writing – within that allotted time period. A lot of times, debt collectors like Worldwide Asset Purchasing won’t send the initial notification. They’re hoping that you won’t know your rights, and that the 30-day window of opportunity to dispute the debt will close. When you demand your rights and dispute the debt, Worldwide Asset Purchasing has to do the legwork to provide verification.
Worldwide Asset Purchasing Contact Information
Worldwide Asset Purchasing
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