Halsted Financial Services is a debt collection agency which appears to 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.
Halsted Financial Services is a debt collections agency based in Skokie, IL. It appears as though there are a variety of different complaints against Halsted Financial Services alleging violations of the Fair Debt Collection Practices Act (FDCPA) including harassing consumers and charging consumers with invalidated debt. If you have been contacted by this debt collector, make sure you understand your rights before taking action.
The harassing company pays our fees.
They’re legit. Halsted Financial Services can be considered a legitimate business due to the fact that the company has 12 years of experience, an “A” rating from the Better Business Bureau, as well as BBB accreditation. Because of these qualifications it is important that you attempt to resolve your alleged debt with Halsted Financial Services instead of writing the company off as a scam.
In fact, Halsted Financial Services cites a variety of their professional accreditations on their collections website. These accreditations include ACA International Member, BBB Accreditation, RMAi Certified, and Member of NMLS. Though it appears as though Halsted Financial Services values compliance and professionalism, many complainants claim that the collections company may not have helped them resolve their outstanding debt problems in a courteous way. Additionally, many complaints on the BBB claim that Halsted Financial Services may have also violated the FDCPA. Lastly, the Better Business Bureau lists a “Mr. Syed Ali” as the COO for Halsted Financial Services.
Halsted Financial Services does not cite on their website which specific area of collections that they specialize in, or what companies they work for. Due to this lack of information regarding the collection company’s debt specialization, it is important that you confirm with the collections company about what debt is owed and to whom. Due to the outsourcing of debt, inquiring as soon as possible is the smartest move to make because one collection account can turn into many reporting on your credit file if the debt is not 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.
Halsted Financial Services has received a number of complaints. Though the company is accredited by the Better Business Bureau, and has received an “A” rating from the BBB, Halsted Financial Services has still racked up a number of complaints on its BBB page. According to the BBB, Halsted Financial has received 86 complaints closed in the last 3 years and 58 complaints closed in the last 12 months, as well as 47 customer reviews amounting to a 1.11 star review overall on the BBB. A majority of these complaints included concerns about the collections company reporting on consumers accounts without verification and harassing consumers.
Halsted Financial Services has responded to many of these complaints, however the astonishing number of complaints and the similarities between consumers’ complaints does not lend the collections company a rave review. More seriously, this collections company could have also 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.
Yes and no. Ultimately, if Halsted Financial Services chooses to sue or garnish wages they will likely do so after a default judgement. However, it is illegal for Halsted Financial Services to make empty threats to sue you or garnish your wages. Like most collections companies, this debt collector would likely choose not to sue you for a debt you may not owe or they cannot verify, but it is the wisest option to contact an attorney preemptively to ensure the safety of your assets and rights. Lemberg Law awards consumers the power to fight back against these fraudulent collection practices. Need Help? Call us today.
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Unlawful Debt Harassment? Learn the Law & Sue the Collector.
Absolutely. You can sue a debt collector. Here is a sample complaint:
A complainant explains that Halsted Financial sent, “6 emails with detailed information” to a third party. This information included the creditor’s name, the amount owed, and partial credit card information. In addition to this secure information, the emails, “provided an option to put in a social security number to gain access to additional information”. This email was sent to the third party without the debtor’s consent, and the email used was not ever listed on the complainant’s account. The complainant themselves never received a call or letter via us mail or e-mail regarding the debt owed. They claim that this company, “should be fined for sending confidential information to unknown parties”.
The Fair Debt Collection Practices Act outlines a person’s protections against the abuses and misconduct of collection agencies. If you find that a debt collector may have violated your FDCPA rights, it is important that you contact and attorney to resolve the matter and receive compensation. You can find your FDCPA rights listed on the Federal Trade Commission’s website under, “Debt Collection FAQs”. Remember that in addition to your rights under the FDCPA, you have supplementary rights to protect yourself from fraudulent practices under the Telephone Consumer Protection Act (TCPA) and the Consumer Financial Protection Act (CFPA).
Yes, and if you would like to be able to recover your damages and protect yourself as an individual, you ideally should. Suing is the correct course of action if you have found that your FDCPA rights or TCPA rights have been breached. Federal laws protect citizens like you from these fraudulent practices. You should choose to award yourself the ability to defend your rights and receive compensation by suing if you feel as though these rights have been violated. Individuals like you can recover damages of up to $1,000, plus attorney fees and court costs.
You may have a case, if…
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“They settled my case so fast. No more harassing calls from them bothersome credit card companies. it was a everyday thing 2 to 4 calls a day. I can have peace now. Thank you for all your help.”
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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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I’ve been receiving collection emails from HALSTED FINANCIAL SERVICES. I filed bankruptcy chapter 13 in 2019. At the time I don’t think i owed this account anything & if i did, it was filed in bankruptcy. I can’t locate my papers at this time, but I’ll call my bankruptcy lawyer in the morning. The email has ALL of the account information & when i click on to see MY OPTIONS, the website ask for input of last 4 SS number. Im not giving them more info to find out about the false collection. Anyways, isn’t it illegal for them to be contacting me after bankruptcy is filed?? I mean, its been almost 3 yrs since i filed & these collection emails from them just started last wk. This is so odd!! BTW, is the star rating for this business? Or you? I didn’t know what to rate. Sorry!
Financial companies are not meeting today’s crisis happening to everyone’, individually, personally, unsuspected, so I can do my payment online. We got sick again and not money will be short. They can’t take our survival tool when I have money to pay. Goldacceptance Financial company is not understanding . And plus they over priced this truck. With dangerous rims that can pop off on any given turn.
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