Premium Asset Services: Understanding Your Rights and Stopping Harassing Calls

Dealing with debt collection calls can be stressful, especially when they come from agencies like Premium Asset Services. Many consumers across the U.S. have reported repeated, unwanted phone calls from this company regarding outstanding debts. While debt collectors are legally allowed to contact you about money owed, they must follow the rules outlined by the Fair Debt Collection Practices Act (FDCPA). Understanding these rights can help you protect yourself from harassment and take appropriate action if things go too far.

What is Premium Asset Services?

Premium Asset Services is a third-party debt collection agency that contacts consumers on behalf of creditors, lenders, or other businesses. Their main purpose is to recover money from overdue accounts. Unfortunately, like many collection agencies, some consumers have reported that the company uses aggressive communication tactics—such as constant phone calls, intimidating language, or threats of legal action—to pressure them into paying.

If you’ve received frequent calls, letters, or voicemails from Premium Asset Services, it’s important to stay calm and verify the legitimacy of the debt before taking any steps. Always request a debt validation letter, which legally requires the agency to prove that the debt they’re collecting is accurate and belongs to you.

Recognizing Harassment from Debt Collectors

Under the FDCPA, consumers are protected from any form of harassment, threats, or abuse by debt collectors. Examples of unlawful behavior include:

• Calling multiple times a day or at odd hours.

• Using abusive or threatening language.

• Discussing your debt with third parties (such as family members or employers).

• Making false claims about lawsuits or arrests.

• Refusing to identify themselves or provide written proof of the debt.

If Premium Asset Services engages in any of these behaviors, you may be a victim of harassment. You have the right to file a complaint with the Consumer Financial Protection Bureau (CFPB) or contact a consumer protection attorney for legal help.

What You Can Do to Protect Yourself

When a debt collector like Premium Asset Services contacts you, it’s crucial to stay informed and organized. Keep records of every phone call, voicemail, letter, and email they send. Never provide payment information until you’ve confirmed that the debt is valid.

If you want the calls to stop, you can send a “Cease and Desist” letter, which legally requires the company to stop contacting you. After receiving this letter, they can only reach out to inform you of specific legal actions, such as a lawsuit or final notice.

If the harassment continues even after the cease-and-desist letter, it’s time to speak to an attorney who specializes in debt collection violations. They can help you pursue compensation for any stress, emotional distress, or financial harm caused by the harassment.

How a Consumer Protection Lawyer Can Help

A consumer protection lawyer can evaluate your situation and determine if your rights have been violated under the FDCPA or the Telephone Consumer Protection Act (TCPA). If Premium Asset Services made unauthorized robocalls, called your workplace, or continued contacting you after being asked to stop, you may be entitled to financial damages.

Law firms like Consumer Law Firm Center help victims of debt collector harassment take legal action. Their experienced attorneys can help stop the calls and hold debt collectors accountable for unlawful practices.

Final Thoughts

No one should have to live with constant anxiety or fear from aggressive debt collection tactics. If you’re receiving harassing calls from Premium Asset Services, remember that you have rights. Federal law protects you from abusive or misleading practices, and you can take control of the situation by learning how to respond properly and seeking professional help when necessary.

By understanding your legal protections and standing firm, you can put an end to the harassment and find peace of mind once again.