Franklin Collection Service
Franklin Collection Service is a collection agency that operates out of Birmingham, Alabama, and has been in business since 1980. They boast of a 22,000 square foot building—with plans to expand—and offer their clients “custom collection services.” Franklin Collection Services wears many hats, as they collect delinquent third-party debts that are unsecured, such as telephone bills, execute auto repossessions and file legal proceedings on behalf of original creditors. They are known for reporting activity to credit bureaus, and using skip tracing methods in order to track down consumers who have moved and left no forwarding address. They work on a contingency basis, which means that they only get paid if they collect the debt—something that often makes collection agencies more aggressive in their methods.
Franklin Collection Service has made a name for themselves in the debt collection industry. They have managed to rack up an astonishing 112 complaints with the Better Business Bureau, as well as a couple of lawsuits to boot. For instance, one of the lawsuits was brought by someone who was allegedly harassed by the agency for a debt they don’t even owe. Another lawsuit alleges that Franklin Collection Service made false reports to the credit bureaus.
There are conflicting reports about the status of the collection agency. On its site, the Better Business Bureau states that Franklin Collection Service is no longer in business, and advises anyone who has unresolved business with them to contact an attorney. But a quick visit to their website shows that they are indeed in business, with talk of expansion on their home page. A quick phone call to the agency verifies that are still in business and ready to collect more debt.
Stop Franklin Collection Service Harassment
All debt collection agencies must adhere to the rules and regulations of the Fair Debt Collection Practices Act (FDCPA). The law is designed to protect consumers from predatory collection agencies, and give them a way to fight back if their rights are violated. For instance, if you’re being harassed by a debt collection agency about a debt that you owe, or if a debt collector has made false reports to the credit bureaus about you, you may be entitled to compensation. Contact an attorney who is familiar with FDCPA, and talk to him about whether or you have cause for a suit. If so, you may be awarded up to $1,000 in damages, plus attorney fees and court costs.
In addition, you should know that there are strict rules that a debt collector must follow when attempting to collect a debt from you. They have five days after their first contact with you to send you a debt validation letter in the mail. The letter must tell you the amount of the debt and who the original creditor was. If they do not send you this letter, and continue to call you, politely tell them that you will not talk to them until you receive it. If they continue to call after that, they are in violation of the Fair Debt Collection Practices Act.
Franklin Collection Service Contact Information
Franklin Collection Service
2978 West Jackson Street
P.O. Box 3910
Tupelo, MS 38801
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If you have been the victim of harassment or illegal or unfair debt collection practices, Lemberg & Associates will discuss your options with you and protect your rights. For more information, contact Lemberg & Associates today at .
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