Absolute Resolutions Corporation or ARC debt collection agency is bound by the Fair Debt Collection Practices Act. Learn more about the company and how you can stop harassing debt collection calls.
Absolute Resolutions Corporation or ARC is a legitimate third-party debt collection agency founded in 2001 and headquartered in San Diego, California. According to its website, Absolute Resolutions Corporations is a Certified Professional Receivables Company that specializes in the purchase and recovery of distressed consumer debt, business cards, lines of credit, commercial leasing, and specialty finance portfolios.
ARC boasts that it “maintains a disciplined approach to purchasing using tested proprietary analytics to evaluate portfolios and optimize recovery.” Absolute Resolutions Corporation employs a data driven recovery strategy that uses cutting edge technology and sophisticated data analytics to collect the maximum amount of debt on behalf of its clients while “minimizing risk exposure.” Absolute Resolutions Corporation continuously monitors its portfolio to maximize efficiency through “multiple recovery channels.” Absolute Resolutions Corporation employs a diverse group of individuals who possess more than 100 years of management experience in the debt collection industry.
Absolute Resolutions Corporation collects consumer debt in a wide variety of industries, including auto loans, bank cards, retail credit cards, installment loans, purchase financing, utility companies, and telecommunications companies.
As a third-party debt collection agency, Absolute Resolutions Corporation is required to adhere to the Fair Debt Collection Practices Act (FDCPA), a federal law that protects consumers from abusive debt collection tactics. Nevertheless, consumers have filed complaints accusing Absolute Resolutions Corporation of violating the FDCPA. Those accusations have included claims that the debt collection agency has threatened to sue consumers without actually intending to do so and talking to third parties about consumers’ debts. It’s imperative that you know your rights under the law before speaking with ARC debt collectors.
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The Better Business Bureau (BBB) lists two complaints against Absolute Resolutions Corporation in the past three years, one of which has been resolved in the past 12 months. Both of these complaints alleged problems with billing and collections practices employed by Absolute Resolutions Corporation. In addition, Justia, one of the largest online legal databases in the United States, lists at least two recent federal cases of civil litigation against Absolute Resolutions Corporation since 2018.
If you’ve been contacted by ARC, you have the right to sue them in federal court if the debt collection agency has violated the Fair Debt Collection Practices Act. Signs that you may be on solid legal footing are:
The Fair Debt Collection Practices Act was put into law in order to protect consumers like you, but there’s a catch. While the government sues debt collection agencies that egregiously violate the law, it doesn’t sue agencies on behalf of individual consumers. Instead, the FDCPA has what’s called a fee-shifting provision. This means that, if you sue and win, then the debt collection agency has to pay your court costs and attorney fees. Fee-shifting levels the playing field so that you can assert your rights.
Are you asking yourself…
Absolute Resolutions Corporations could be calling for a number of reasons, all of them related to debt collection:
If you’ve been contacted by ARC it’s important to know your rights under the Fair Debt Collection Practices Act. If they’ve violated your rights, you can take the agency to court and sue for statutory damages of up to $1,000 – along with court costs and attorney fees.
Yes. Absolute Resolutions Corporation can sue you if you owe the debt, however, threatening to sue or serve you with papers if they don’t intend to do so is a violation of the Fair Debt Collection Practices Act. Additionally, after receiving the first collection notice, you have 30 days to dispute the debt. If you dispute the debt, then ARC is required by the FDCPA to prove that you do, in fact, owe the money. A debt collection agency isn’t allowed to sue you if, for example, the debt is past the statute of limitations or if you do not legally owe the debt. It’s a good idea to speak with a fair debt attorney if you’ve been served with a summons or legal complaint.
Yes. However, Absolute Resolutions Corporation cannot threaten you to garnish your wages and garnishment can only only occur if ARC files a lawsuit and obtains a judgment against you. It’s common for consumers to ignore notice of a lawsuit; if you don’t appear in court, the judge may automatically rule against you. Debt collection agencies have been known to avoid serving consumers with notice to increase the odds of obtaining a judgment. This is called “sewer service” or “gutter service.” The bottom line? If wage garnishment takes you by surprise, talk to a consumer attorney who can fight for your rights.
Yes. Absolute Resolutions Corporation can report debts in collection to the three major credit reporting agencies – Experian, TransUnion, and Equifax. Once a debt is reported to the credit bureaus, it will appear on your credit report and will impact your credit score.
Yes. However, as with wage garnishment, a property lien can only arise out of a court judgment against you. If ARC files a lawsuit against you and the judge rules in their favor, then the debt collection agency has a right to collect that money. One way of doing that is by putting a lien on your house or property. That’s why it’s imperative to respond to legal papers and to have an attorney by your side who will fight on your behalf.
No. Absolute Resolutions Corporation – or any other debt collection agency like ARC for that matter – has no authority whatsoever to arrest you. In fact, threatening you with arrest or jail is a violation of the Fair Debt Collection Practices Act. While so-called “debtors prisons” are illegal, only non-payment of things like traffic tickets can lead a judge to issue a bench warrant, which in turn can lead to arrest.
Yes. You absolutely have the right to sue Absolute Resolutions Corporation if you believe ARC violated the Fair Debt Collection Practices Act. The FDCPA says that debt collection agencies that violate the law must pay consumers up to $1,000 in statutory damages, as well as court costs and attorney fees. That’s why engaging a fair debt attorney to represent you in an FDCPA lawsuit typically doesn’t cost you anything out of pocket. The attorney that agrees to take on your case knows that the debt collection agency will be forced to pay their fees.
If Absolute Resolutions Corporation – or any other debt collection agency – is calling you to the point of harassment, using abusive or profane language, or violating the FDCPA in some other way, it’s time to fight back. Under the law, you may be entitled to up to $1,000. At Lemberg Law, we won’t charge you a dime out of pocket, and we only get paid when you win. Call us today for a free, no-obligation, case evaluation. We’ll get the justice that you deserve.
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