Convergence Acquisitions is debt collector specializing in a wide range of accounts who has been accused of questionable collection practices. This collection company may have received a large amount of complaints alleging violations of the Fair Debt Collection Practices Act. Find out who they are, why they might be calling, and how you can stop them.
Convergence Acquisitions is a debt collector located in Cedar Rapids, IA. It appears as though there are a variety of different complaints against Convergence Acquisitions alleging violations of the Fair Debt Collection Practices Act (FDCPA) such as placing judgments against consumers who have already paid off debt. If a debt collector has contacted you, make sure you understand your rights before taking action.
The harassing company pays our fees.
They’re legit. Due to Convergence Acquisition’s 14 years in business and the company’s “A+” rating from the Better Business Bureau, the collections company should be considered a verified business. Because of the company’s years of experience and their professional rating, consumers should be cautious in ignoring Convergence Acquisition’s allegations of debt owed. Be wise and choose to contact the collections company with any questions you may have, as refusing to pay off your alleged debt will harm your financial stability and credit.
Convergence Acquisitions lists a number of company values on their collections website. These values include: customer centric approach, integrity and profitable growth. This collections company explains that alongside their many years of experience, the company also, “empathize[s] with various life circumstances that may have led to unpaid debt and . . . understand[s] that bad things sometimes happen to good people.” Though Convergence Acquisitions promises to be a professional and reputable business, the collections company may still have violated the FDCPA.
Lastly, in regard to leadership, Convergence Acquisitions cites Patrick Lausen, Managing Member as the principal contact. Additionally, according to dnb.com, this collections company has “6 total employees across all of its locations and generates $88,138 in sales (USD). “
According to their website, Convergence Acquisitions collects on behalf of a number of different creditors in a multitude of sectors. More specifically, the collections company explains, “We specialize in purchasing and servicing a wide range of distressed consumer receivables.” Due to this lack of specialization, it is very important that as a consumer you verify your account with Convergence Acquisitions themselves. This step in the collections process is crucial because due to the outsourcing of debt, one collection account can turn into many reporting on your credit file if the debt is not properly dealt with.
Who are we? We are Lemberg Law, a Consumer Law Firm
Lemberg Law is a consumer law firm helping victims of collection harassment and abuse. Lemberg Law received an A+ rating from the BBB. We’ve helped more than 15,000 consumers stop harassment and recover money from debt collectors. Harassed? Abused? Misled by a collector? Call our Helpline today! There is no charge unless we win.
Convergence Acquisitions has received a few complaints over its time in business. On the Better Business Bureau the company has received 1 complainants in the last 3 years with two, 1 star reviews. This collections company has also received 5 Google Reviews which in total awarded Convergence Acquisitions an underwhelming 2.4 stars. If you believe that this collections company may have violated the FDCPA do not hesitate to contact an attorney and file a complaint or take action by reviewing the company on the BBB or Google Reviews.
It is also possible that this collections company could have been a part of a variety of lawsuits, sanctions, and penalties according to Public Access to Court Electronic Records (“PACER”), which reports all federal complaints within the U.S. federal system’s docket. Take a look at the link above to find out whether Convergence Acquisitions falls within this category.
Debt collectors may try to induce payment by threatening to sue you or garnish your wages. Using empty threats of legal action to intimidate consumers into payment is prohibited under the FDCPA. Likewise, collection agencies are highly unlikely to sue for debts which you cannot be verified to owe. However, it should be noted that debt collection agencies can garnish wages through legitimate legal action if a judgement rules in their favor. Above all, we strongly advise you to contact an attorney BEFORE such a judgement would be possible. Here at Lemberg Law, we have advocated for tens of thousands of victims of debt collector harassment. Contact us to see if you may have a case.
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Unlawful Debt Harassment? Learn the Law & Sue the Collector.
Absolutely. You can sue a debt collector.
If you have fallen victim to excessive, threatening, misleading or otherwise untimely calls from a third party debt collector, you are entitled to compensation under The Fair Debt Collections Practices Act (FDCPA). More specifically, this law prohibits collection agencies from pursuing debts via over-the-phone harassment. If you feel as though this law should be applied in your collection discrepancy, contact an attorney to sue the offending collection agency. Likewise, the FCRA regulates the circumstances under and means by which collectors and creditors can report delinquent debts to credit reporting agencies.
Yes. You can absolutely sue. Oftentimes suing is the best course of action considering your case is legitimate and your grievances are serious. Ultimately, Federal Law allows you to protect your FDCPA rights in court via lawsuit. Take advantage of your rights and choose to sue when you find that a collections company violated collectors law. Consequently, if action is taken, you can recover damages of up to $1,000, plus attorney fees, court costs, and personal damages.
You may have a case, if…
“Amazing work! After being harassed for over a month with automated voicemails, I got in touch with Lemberg Law. All I had to do was provide a little information, the numbers, and the voicemail recordings, and they sent me a no-risk, representation agreement. A few weeks later, they called me with a settlement agreement from the company who now agreed to pay me, pay Lemberg’s legal fees, and stop harassing me.”
“Fighter, that’s what these wonderful people are. I got great service and great lawyers and para-legals in my corner. Above and beyond for the forgotten people. Thanks for everything.
“They were quick and responsive. I had a debt collector harassing me over a debt that wasn’t mine. They threatened me with ruining my credit. But these guys got it taken care of!! The debt was removed and I received $750 from the collectors. Thank you!!”
“Lemberg Law firm, did a great job representing me against a big and powerful company, they got me a fair but very good deal for me and the company, felling grateful with them.”
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Sergei Lemberg is an attorney focusing on consumer law, class actions related to automotive issues, and personal injury litigation. With nearly two decades of experience, his areas of practice include Lemon Law (vehicle defects), Debt Collection Harassment, TCPA (illegal robocalls and texts), Fair Credit Reporting Act, Overtime claims, Personal Injury cases, and Class Actions. He has consistently been recognized as the nation's "most active consumer attorney." In 2020, Mr. Lemberg represented Noah Duguid before the United States Supreme Court in the landmark case Duguid v. Facebook. He is also the author of "Defanging Debt Collectors," a guide that empowers consumers to fight back against debt collectors and prevail, as well as "Lemon Law 101: The Laws That Lemon Dealers Don't Want You to Know."
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