Who is West Asset Management?
West Asset Management, Inc., also known under various names such as West Asset Collection Agency, Worldwide Asset Management, Worldwide Asset Purchasing, and Global Receivables Solutions, is a debt collection agency headquartered in Omaha, Nebraska.
The company is a subsidiary of Alorica and Intrado, which are well-established entities in the business services sector. If West Asset Management appears on your credit report, it typically suggests you have a delinquent debt that they are trying to collect.
Who does West Asset Management collect for?
West Asset Management provides collection services to a variety of companies across different sectors. They mainly collect debts on behalf of businesses in the consumer credit industry, government services, healthcare sector, and telecommunications companies.
The organization purchases these debts, often at a discounted rate, and then attempts to collect the full amount from the debtors, which is how they generate revenue.
Is West Asset Management legit or a scam?
West Asset Management is indeed a legitimate business operation. Despite its legitimacy, the firm often uses persistent and sometimes aggressive tactics to collect debts, such as repeatedly calling, texting, or emailing debtors. While these tactics can be overwhelming, they are generally within the company’s legal rights.
How can I remove West Asset Management from my credit report?
Collections can hurt your credit score and remain on your credit report for up to seven years regardless of whether you pay it or not. Unfortunately, paying the collection could even lower your credit score.
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.)
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Lexington Law Firm is a credit repair company that helps people fix their credit.
In addition to collections, they 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.
Get started on the path to better credit today: Fill out the form for a free credit consultation.
West Asset Management, Inc. Contact Information
Addresses:
11808 Miracle Hills Dr.
Omaha, NE 68154
2253 Northwest Pkwy SE
Marietta, GA 30067-8764
Phone number: (800) 397-7243 or (800) 232-0900
Should I contact or pay West Asset Management, Inc.?
It’s best to avoid speaking to a collection agency 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 West Asset Management is to work with a credit repair professional. They help remove millions of negative items every year from companies like West Asset Management on behalf of their clients.
Will West Asset Management, Inc. sue me or garnish my wages?
West Asset Management has the ability to sue for an unpaid debt. If they do sue and win the case, they could obtain a court order that allows them to garnish your wages, levy your bank accounts, or take other collection actions permitted by law to recover the owed debt.
However, whether West Asset Management chooses to sue you often depends on a variety of factors. These can include the size of your debt, the cost of litigation, the likelihood of successful collection, and the relevant statute of limitations, which can vary by state and type of debt.
West Asset Management, Inc. 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 Fair Debt Collection Practices Act (FDCPA). These rights include the ability to dispute credit reporting errors and to be treated fairly and respectfully by debt collectors.
Your Rights When Dealing with West Asset Management
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 West Asset Management to report inaccurate or incomplete information about you.
- 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.
- West Asset Management may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
- West Asset Management must be honest about who they are and what they are attempting to do. They must notify you that they are a debt collection agency both orally and in writing.
- West Asset Management cannot threaten to have you arrested or imprisoned over unpaid debts.
Remove West Asset Management From Your Credit Report Today!
Lexington Law can assist you in disputing West Asset Management accounts. With more than 18 years of experience, they achieved over 6 million removals for their clients in 2021 alone.
If you’re tired of dealing with debt collectors and want to improve your credit, consider working with a trusted credit repair company.
They have helped many people in your situation. Fill out the form on their website for a free credit consultation to see what they can do for you.
Ready to Repair Your Credit?
Some clients have raised their credit scores
by 100 points* or more.
