How to Remove Palisades Collection, LLC From Your Credit Report

Is Palisades Collection, LLC hurting your credit score?

Lexington Law Firm has successfully assisted millions of clients in removing inaccurate and questionable negative information from their credit reports.

Who is Palisades Collection, LLC?

Palisades Collection, LLC, aka Asta Funding, Inc., is a third-party debt collection agency located in Englewood Cliffs, New Jersey.

Who does Palisades Collection, LLC collect for?

Palisades Collection, LLC is a junk debt buyer that buys up old debt from banks, credit card companies, cell phone companies, hospitals, and doctors, for pennies on the dollar.

Is Palisades Collection, LLC legit or a scam?

Palisades Collection, LLC is a legitimate debt collection agency. However, they have a history of unscrupulous collection practices, which means it’s up to you as a consumer to get the facts and then take appropriate action.

How can I remove Palisades Collections from my credit report?

Collection accounts are a major negative mark that remain on your credit report for up to seven years and can lower your credit score significantly. In fact, the higher your credit score, the more a collection account will make it drop. For this reason, getting rid of inaccurate collection accounts should be a top priority to repair your credit.

However, it is possible to remove a collection account from your credit history before seven years.

(While debt collectors may not want this information to be widely known, it’s your right to be informed.)

Lexington Law Firm is a professional credit repair company that helps people fix their credit.

In addition to collections, Lexington Law can work with you to challenge other inaccurate, unfair, or unsubstantiated information on your credit report. These items include inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.

Call Lexington Law now to learn more: (800) 220-0084

Palisades Collection, LLC / Asta Funding, Inc. Contact Information

We recommend only contacting them through the mail. This makes sure that you have a record of all communications to protect yourself.

Address:

Palisades Collection, LLC
210 Sylvan Avenue
Englewood Cliffs, NJ 07632

Phone number: (800) 991-9367 or (201) 567-5648

Should I contact or pay Palisades Collection, LLC?

It’s best to avoid speaking to a debt collector on the phone. And making payments on the debt will reset the clock. As a result, it could harm your credit rather than improve it. However, sometimes it’s better just to pay the collection account, especially if it’s new, and you’re certain that it’s legit.

The most effective way to deal with Palisades Collection, LLC is to work with a credit repair professional. They help remove millions of negative items every year from companies like Palisades on behalf of their clients.

And they may be able to help you too.

Is Palisades Collection, LLC showing up on your credit report?

Palisades is most often associated with unpaid AT&T wireless accounts, though they may also buy other types of unsecured debt such as credit cards.

If you have collections, double-check to be sure that these are the only collections that you have. Often, third-party debt buyers will buy and sell debt from one another, so you may have the same debt listed more than once under different debt collectors.

Will Palisades Collection, LLC sue me or garnish my wages?

Don’t trust them to have done their due diligence when it comes to verifying your debt. In the past few years, there have been multiple lawsuits charging them with violations of the Fair Debt Collection Practices Act (FDCPA).

These violations include suing people and not properly serving the papers necessary, as well as continuing to try to collect from people who did not owe any money at all.

Many people are never notified of the debt collection lawsuit against them so they don’t show up for court which results in a default judgment. They have obtained default judgments totaling millions of dollars from people who never even knew they were being sued.

Be cautious about dealing with this debt collector to resolve matters in your favor. However, if you work with a law firm like Lexington Law, you have nothing to worry about.

They will help you dispute the collection account with the major credit bureaus and possibly get it removed from your credit report. It’s also quite possible that you will never hear from or have to deal with Palisades Collection, LLC again.

Wage Garnishment

Some states allow wage garnishment, while others do not. If you are in a state that does not allow wage garnishment, it is illegal for a debt collector to threaten to garnish your wages.

It is also illegal for Palisades Collection to make any claims they cannot or will not follow through on. This includes threatening to sue you or foreclose on your home.

Is Palisades Collection, LLC hurting my credit score?

Any derogatory item on your credit report, including a collections account, may harm your credit score.

Debt collectors often buy and sell debt from one another. This can lead to multiple collections on your credit report for the same account.

If you don’t dispute each account with the credit bureaus and get them removed, they can damage your credit score.

Palisades Collection, LLC Complaints

Most collection agencies have numerous complaints filed against them with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most consumer complaints are about inaccurate reporting, harassment, or failure to verify a debt. If a debt collector is harassing you, you may want to consider filing a complaint.

You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the FDCPA. Lexington Law knows that you have rights, and Palisades Collection, LLC does too.

Your Rights When Dealing with Palisades Collection, LLC

Debt collectors must abide by state and federal laws in the United States. For example, the Fair Debt Collection Practices Act prohibits a debt collector from using abusive, unfair, or deceptive practices. In addition, the FDCPA provides you with many rights to ensure that collection agencies don’t take advantage of you. In particular:

  • It is a violation of federal law for Palisades Collection, LLC to report inaccurate or incomplete information on your credit report.
  • You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. By law, they have 30 days to prove to you that the debt is really yours and the total amount is accurate.
  • Palisades Collection, LLC may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
  • Palisades Collection must be honest about who they are and what they are attempting to do. They must notify you that they are a debt collection company both orally and in writing.
  • Palisades Collection cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove Palisades Collection From Your Credit Report Today!

Lexington Law Firm can assist you in disputing Palisades Collection, LLC accounts. They have over 18 years of experience and their clients saw over 6 million removals on their clients in 2021 alone.

If you’re looking for a reputable credit repair company to assist you with inaccurate collection accounts and repair your credit, consider working with Lexington Law.

They have helped many people in your situation. Give them a call at (800) 220-0084 for a free credit consultation to see what they can do for you.