Encore Capital Group Debt Collection Complaint

Encore Capital Group Debt collection department,

Credit card Disclosure verification of debt Not given enough info to verify debt Louisiana

I mailed a request for validation to Asset Acceptance , LLC on -/-/15. The return receipt card indicates that this request letter was received by Asset on -/-/15. In my -/-/15 letter I specifically asked that Asset provide me with an explanation of how the alleged balance was calculated, proof this debt was not time-barred and a copy of the original account level paperwork that contained my signature. Asset 's response letter was sent just one day after receiving my letter and is dated -/-/15. Not only do they fail to provide the requested information, but they ask that I provide them with a copy of the contract and a copy of the bills or statements that show the amount owed or rates. If I am asked to provide them with this information then I can only presume that they do not have this information in their possession. My second request for validation was mailed to Asset on -/-/15 and the return receipt cards indicate that this request letter was received by Asset on -/-/15. In my -/-/15 letter I specifically ask for proof that this alleged debt was assigned to Asset. Asset responded a second time on -/-/15. I


- main revenue generating subsidiary - By way of Consent Order in the matter entitled USA Consumer Financial Protection Bureau, File No. -, In the matter of Encore Capital Group - -, et al dated -/-/15, Asset was has identified as having violated Sections - - a ) and - ( a ) ( - ) of the Consumer Financial Protection Act of 2010 - - '' -, - U.S.C. - - a ) and - ( a ) ( - ) ; Sections - ( a ) ( - ), -, - ( - ), -, - ( - ) ( A ), - ( - ), - ( - ), and - ( - ) of the Fair Debt Collection Practices Act ( FDCPA '' ), - U.S.C. - ( a ) ( - ), -, - ( - ), -, - ( - ) ( A ), - ( - ), - ( - ), and - ( - ) ; Sections - ( a ) ( - ) ( - ) and - ( b ) of the Fair Credit Reporting Act ( FCRA '' ), - U.S.C. - ( a ) ( - ) ( - ) and - ( b ). Under sections - and - of the -, - U.S.C. -, -. In this matter, it was found that Asset had questionable debt buying practices, did not properly investigate consumer disputes, collects debts without a reasonable basis, collected time-barred debt, etc. Asset has not provided me with the charge-off balance or their method of calculating any amount in excess of this balance. I believe that Asset has demonstrated many of the behaviors towards me that are outlined in the Consent Order and that they can not substantiate their representations. Asset has not conducted a reasonable investigation of my dispute, despite multiple requests.