If you were a customer of AT&T and fell behind on your bills, chances are good that you've heard from Palisades Collections. The same holds true if your Nissan was repossessed, or if you have an old debt with Citi Bank. That's because Palisades LLC is a subsidiary of Asta Funding, which buys old debts for pennies on the dollar. Then, Palisades Collections tries to collect – sometimes even if the debt is beyond the statute of limitations and is therefore considered a time-barred debt.
How Palisades Collection LLC tries to collect is another story. In a 2010 investigative article, the Minneapolis Star-Tribune listed Palisades Collections among the ten most litigious debt buyers. The Star-Tribune reporters discovered that the debt buyers who filed the most lawsuits in Minnesota raked in over $223 million in court judgments between 2005 and 2009. Multiply that by all 50 states, and you begin to get an idea of just how big the debt buying business is.
Palisades Collection Complaints
The Better Business Bureau has logged an astounding number of Palisades Collection complaints, yet still gives the debt collection agency an A+ rating. As of July 2012, the BBB notes 243 closed Palisades LLC complaints over the past three years, including 92 within the past 12 months. In addition, there were 25 Palisades LLC lawsuits filed in federal court during the first half of 2012 for alleged violations of the Fair Debt Collection Practices Act.
Stop Palisades Collections Calls
It may be little comfort, but if you've been harassed by Palisades Collections, you're not alone. The Great Recession has put the squeeze on everyone, and an increasing number of consumers are having problems meeting their everyday living expenses. Sudden illness or hospitalization, job loss, or emergency car repairs may have forced you to make difficult financial choices. As a result, you - like many Americans - may have gotten behind in your payments. Ever since the country's cash flow dried up seemingly overnight, debt collection agencies – whether Palisades LLC or any other – have become increasingly aggressive, sometimes even using intimidation and harassment to get people to part with every last dollar they have.
If you want to stop Palisades Collections calls, you will likely have to take action. The Fair Debt Collection Practices Act (FDCPA) provides protection for consumers who are hounded by debt collection agencies. The FDCPA says that you can sue a debt collection agency like Palisades Collection, and that if you win, you are entitled to receive actual financial damages, additional damages up to $1,000, court costs, and attorney's fees. That means that attorneys who specialize in debt collection abuse cases typically won't charge you a dime, and instead will collect their fees from the debt collection agency.
Palisades Collection LLC Contact Information
Palisades Collection, LLC
210 Sylvan Avenue, Suite 1
Englewood Cliffs, NJ 07632
Palisades Collections Phone Number: 800-873-5648
How to Stop the Harassment Now
Complete the form to the right for a FREE evaluation, or call Toll-Free . The legal team at Lemberg & Associates is committed to holding debt collectors accountable, and will fight for your rights under the Fair Debt Collection Practices Act.
Note to Readers
The Information on this website is assembled using many public online and offline sources, such as debt collection agency websites, BBB data, regulatory agency reports and websites, and data available through Pacer. It neither is nor is intended to be the full or complete description of any company's business. To the extent any portion of the website is non-factual in nature, it constitutes our opinion only. We ask that you not rely on any information here in deciding whether or not to do business with any company mentioned on this website. Nothing here constitutes or is intended to constitute legal advice. If any reader or user of this website has a question about specific sources for any information used here, click here to submit an inquiry.
If you have been the victim of harassment or illegal or unfair debt collection practices, contact the Fair Debt Attorneys at Lemberg & Associates immediately to discuss your options and protect your rights. When you owe creditors money, you are protected by the Fair Debt Collection Practices Act, as well as other federal and state laws. If a debt collector has violated your rights, you may be entitled to up to $1000 in damages, and they may even have to pay your attorney fees. Sergei Lemberg, and the attorneys at Lemberg & Associates have helped countless people to assert their legal rights with debt collectors. Don't be intimidated by illegal debt collection practices. For more information, contact Lemberg & Associates today at .
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