George Simons | January 29, 2024
Edited by Hannah Locklear
You are viewing: What Does Fbcs Stand For
Fact-checked by Patrick Austin, J.D.
Getting threatening and harassing phone calls and letters from a debt collector with FBCS Collection Agency is stressful and annoying. This is because FBCS, like many other debt collection agencies, use questionable and inappropriate methods to try and coerce you into repaying on a debt that is allegedly owed. This is why FBCS will probably contact you via the phone multiple times a day, try to find you on Facebook, Instagram, and other social media platforms, and send many nasty letters to your home.
If you are being subjected to this type of abuse and harrassment, it is important to understand that you do not have to endure such behavior. In fact, you have legal rights and protections under both federal and state laws.
Sued for debt? Resolve it through debt settlement.
Who does FBCS collect for?
Federal Bond Collection Service (FBCS), also known as FBCS Inc, is a debt collection agency operating out of Pennsylvania. FBCS collects for businesses that issues the following types of loans, credit, and services:
- Auto loans
- Commercial debt
- Consumer credit
- Educational debt
- Medical debt
- Utilities
Many collection agencies, FBCS included, are known to have numerous consumer complaints filed against them with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). The most common complaints include inaccurate reporting of a debt, harassing phone calls, and failing to verify that you actually owe the debt.
Let’s take a closer look.
FBCS has received many complaints
If you’re feeling frustrated with FBCS, you’re not alone. The Better Business Bureau has received more than 100 complaints against FBCS, most of which mention the following actions by the collection agency:
- Using the wrong number to try to collect on a debt.
- Trying to collect on a debt that is past the statute of limitations.
- Failing to validate a debt.
- Calling repeatedly, even after requests to stop the calls.
- Calling consumers liars when they dispute a debt.
- Calling consumers at their workplace.
- Refusing to give information about FBCS as a company or the original creditor of a debt.
FBCS Inc reviews on Google give it an average rating of only 1.4 out of 5 stars. Check out some real FBCS reviews below:
Many of these reviews and complaints mention actions are considered violations of the Fair Debt Collection Practices Act. Before you respond to a debt collector, you should understand your rights. Keep reading to learn about how to use your rights to protect yourself.
Understand your legal rights when FBCS contacts you about a debt
FBCS has a reputation for taking advantage of people who do not know their legal rights and protections under the Fair Debt Collection Practices Act. The FDCPA lays out rules that state what debt collectors are allowed and not allowed to do. Some of the limits on debt collectors are:
- A debt collector cannot call you when you are at work.
- A debt collector cannot use vulgar language when they talk or write to you.
- A debt collector is not allowed to threaten to sue you.
- A debt collector may not call you at home before 8 AM or after 9 pm.
If you are a victim of any of these practices, report your experience to the FTC, CFPB, and your state’s attorney general.
You can fight a debt collection lawsuit against FBCS
If FBCS sues you, it is vital to be aggressive and respond well to the lawsuit. Never do what many people do, which is ignore the lawsuit and hope they forget about it. It’s not going to go away, even if you throw it away. If you don’t pay attention to the lawsuit, it just means you gave up and the collection agency wins. Never make this error. You can fight them and win!
Follow these three tips to respond to a debt lawsuit against FBCS:
- Respond to each allegation in the Complaint.
- State your affirmative defenses.
- File your Answer in court, and send a copy to FBCS.
- Settle your debt before your court date.
Keep reading to learn more about each of these three steps. Don’t like reading? We’ve got you covered. Check out this video to explore these three steps:
1. Respond to each allegation in the Complaint
The first step to beating FBCS in court is to file a written Answer. In your Answer, respond to each claim listed in the Complaint document. You can admit, deny, or deny due to lack of knowledge. Most attorneys recommend that you deny as many claims as possible. This forces FBCS to prove their case, and if they don’t have the proper documentation, they might have to drop it altogether.
Most importantly, don’t ignore the lawsuit. When you fail to respond to a debt lawsuit, you will lose by default. With a default judgment, FBCS can garnish your wages, seize your property, and use other means to collect the debt.
Use SoloSuit to draft your own Answer in minutes—for free!
2. State your affirmative defenses
When you answer the debt collection legal action from FBCS, you have the chance to state that the lawsuit is deficient and their allegations are incorrect. As we said above, debt collection agencies must prove that you owe the alleged debt. This means the company has to prove the following points before it is established that you owe the money:
- The company has the right to sue you in court.
- You are the person who owes the debt.
- You are responsible for the specific sum that is stated by FBCS that was filed with the court.
If FBCS fails to meet these guidelines, you may win in court. You could even get the suit thrown out.
Depending on the nature of your case, you could say the company did not file the lawsuit within the required statute of limitations. The statute of limitations sets a strict time limit that a person has to file a lawsuit. If the debt collector files the case past the statute of limitations, you can file a motion of dismissal with prejudice.
Also, you may want to file a countersuit. If you think FBCS did not follow the FDCPA, you may be able to obtain compensatory damages. The debt collector may also have to pay your legal fees.
Make the right defense the right way with SoloSuit.
3. File the Answer in court, and send a copy to FBCS
Finally, be sure to file your Answer with the court before the deadline. The deadline to respond to a debt lawsuit is generally between 14-35 days, depending on which state you live in.
You should also make a copy of the Answer and send it to the attorneys representing FBCS. Their address should be on the Complaint document. Send the copy of the Answer vis USPS certified mail with a return receipt requested.
If FBCS called you about a debt, it’s best to ask them to validate the debt. This will force FBCS collectors to cease communications until they can validate the debt. If they cannot verify that you owe the debt, they should stop calling or they will be in violation of the Fair Debt Collection Practices Act (FDCPA).
According to § 809 of the FDCPA, a debt collector like FBCS must validate your debt by providing the following information:
- Proof you owe the debt
- The exact amount of the debt
- The age of the debt
- The debt collector’s documented ownership of debt account
- The debt collector’s license, or right to collect on the debt in your state
- A calculation of whether the statute of limitations has expired for collecting the debt
- The last action taken on the account (i.e. your last payment on the account)
A FBCS phone call is enough to ruin your day, but there are ways to stop the calls. Send a Debt Validation Letter to stop FBCS calls today.
SoloSuit can help you file an Answer in all 50 states.
Settle your debt with FBCS
Once you’ve filed an Answer to your debt lawsuit, you now have time to work out a debt settlement plan if you know you owe the debt and want to resolve it for good.
Debt settlement typically involves paying off a portion of your debt in a one-time, lump-sum payment to clear your name of the debt. Since many debt collection agencies purchase old debt portfoilios at a fraction of the original debt amount, collectors are often willing to negotiate a lower settlement. And if you can show that you’re experiencing financial hardship, they might be even more willing to work with you.
Debt lawsuits settle at a wide range, but a 60%-80% debt settlement is pretty typical. The more you can offer, the more likely the collectin agency will agree to settle. To learn more about how to settle a debt, check out this video:
SoloSettle, powered by SoloSuit, is a tech-based approach to debt settlement. Our software helps you send and receive settlement offers until you reach an agreement with the collector. Once an agreement is reached, we’ll help you manage the settlement documentation and transfer your payment to the creditor or debt collector, helping you keep your financial information private and secure.
Summary of how to deal with FBCS
Here’s a summary of the actions you can take if FBCS harrasses you or sues you over a debt:
- Know your rights under the FDCPA.
- Respond to each allegation in the Complaint.
- State your affirmative defenses.
- File the Answer with the court before the deadline.
- Send a copy of the Answer to FBCS.
You can save the time and money of finding a lawyer and represent yourself.
We wish you the best of luck!
What is SoloSuit?
SoloSuit makes it easy to fight debt collectors.
You can use SoloSuit to respond to a debt lawsuit, to send letters to collectors, and even to settle a debt.
SoloSuit’s Answer service is a step-by-step web-app that asks you all the necessary questions to complete your Answer. Upon completion, we’ll have an attorney review your document and we’ll file it for you.
>>Read the FastCompany article: Debt Lawsuits Are Complicated: This Website Makes Them Simpler To Navigate
>>Read the NPR story on SoloSuit. (We can help you in all 50 states.)
How to answer a summons for debt collection in your state
Here’s a list of guides for other states.
All 50 states.
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Guides on how to beat every debt collector
Being sued by a different debt collector? Were making guides on how to beat each one.
- Absolute Resolutions Investments LLC
- Accredited Collection Services
- Alliance One
- Amcol Clmbia
- American Recovery Service
- Asset Acceptance LLC
- Asset Recovery Solutions
- Associated Credit Services
- Autovest LLC
- Cach LLC
- Cavalry SPV I LLC
- Cerastes LLC
- Colinfobur
- Covington Credit
- Crown Asset Management
- CTC Debt Collector
- Cypress Financial Recoveries
- Delanor Kemper & Associates
- Eagle Loan of Ohio
- Educap
- Estate Information Services
- FIA Card Services
- Forster & Garbus
- Freshview Solutions
- Fulton Friedman & Gullace LLP
- Harvest Credit Management
- Howard Lee Schiff
- Hudson & Keyse LLC
- Integras Capital Recovery LLC
- Javitch Block
- Jefferson Capital Systems LLC
- LVNV Funding
- Mannbracken
- Mariner Finance
- Medicredit
- Michael J Adams PC
- Michael J Scott
- Midland Funding LLC
- Mullooly, Jeffrey, Rooney & Flynn
- Mountain Land Collections
- MRS Associates
- National Collegiate Trust
- Nationstar Foreclosure
- Northstar Capital Acquisition
- NCEP LLC
- NRC Collection Agency
- OneMain Financial
- Palisades Collection LLC
- Pallida LLC
- Paragon Revenue Group
- Pinnacle Collections Agency
- PMAB LLC
- Portfolio Recovery Associates
- Provest Law
- PYOD LLC
- Reunion Student Loan Finance Corporation
- Revenue Group
- Regents and Associates
- RSIEH
- Salander Enterprises LLC
- Second Round Sub LLC
- Security Credit Services
- Sherman Financial Group
- Suttell and Hammer
- T-Mobile
- Transworld Systems
- Tulsa Teachers Credit Union
- UCB Collection
- Velo Law Office
- Velocity Investments
- Waypoint Resource Group
- Weinberg and Associates
- Wolpoff & Abramson
Win against credit card companies
Read more : What Is Mister B’s Phone Number
Is your credit card company suing you? Learn how you can beat each one.
- Bank of America
- Capital One
- Chase
- Credit One Bank
- PayPal Synchrony Card
- SYNCB/PPEXTR
- Synchrony Bank
- Target National Bank
- Wells Fargo
Going to Court for Credit Card Debt — Key Tips
How to Negotiate Credit Card Debts
How to Settle a Credit Card Debt Lawsuit — Ultimate Guide
Get answers to these FAQs
Need more info on statutes of limitations? Read our 50-state guide.
Why do debt collectors block their phone numbers?
How long do debt collectors take to respond to debt validation letters?
What are the biggest debt collector companies in the US?
Is Zombie Debt Still a Problem in 2019?
SoloSuit FAQ
If a car is repossessed, do I still owe the debt?
Is Portfolio Recovery Associates Legit?
Is There a Judgment Against Me Without my Knowledge?
Should I File Bankruptcy Before or After a Judgment?
What is a default judgment?— What do I do?
Summoned to Court for Medical Bills — What Do I Do?
What Happens If Someone Sues You and You Have No Money?
What Happens If You Never Answer Debt Collectors?
What Happens When a Debt Is Sold to a Collection Agency
What is a Stipulated Judgment?
What is the Deadline for a Defendants Answer to Avoid a Default Judgment?
Can a Judgement Creditor Take my Car?
Can I Settle a Debt After Being Served?
Can I Stop Wage Garnishment?
Can You Appeal a Default Judgement?
Do I Need a Debt Collection Defense Attorney?
Do I Need a Payday Loans Lawyer?
Do student loans go away after 7 years? — Student Loan Debt Guide
Am I Responsible for My Spouses Medical Debt?
Should I Marry Someone With Debt?
Can a Debt Collector Leave a Voicemail?
How Does Debt Assignment Work?
What Happens If a Defendant Does Not Pay a Judgment?
How Does Debt Assignment Work?
Can You Serve Someone with a Collections Lawsuit at Their Work?
What Is a Warrant in Debt?
How Many Times Can a Judgment be Renewed in Oklahoma?
Can an Eviction Be Reversed?
Does Debt Consolidation Have Risks?
What Happens If You Avoid Getting Served Court Papers?
Does Student Debt Die With You?
Can Debt Collectors Call You at Work in Texas?
How Much Do You Have to Be in Debt to File for Chapter 7?
What Is the Statute of Limitations on Debt in Washington?
How Long Does a Judgment Last?
Can Private Disability Payments Be Garnished?
Can Debt Collectors Call From Local Numbers?
Does the Fair Credit Reporting Act Work in Florida?
The Truth: Should You Never Pay a Debt Collection Agency?
Should You Communicate with a Debt Collector in Writing or by Telephone?
Read more : What Does Forbearance Mean In The Bible
Do I Need a Debt Negotiator?
What Happens After a Motion for Default Is Filed?
Can a Process Server Leave a Summons Taped to My Door?
Learn More With These Additional Resources:
Need help managing your finances? Check out these resources.
How to Make a Debt Validation Letter – The Ultimate Guide
How to Make a Motion to Compel Arbitration Without an Attorney
How to Stop Wage Garnishment — Everything You Need to Know
How to File an FDCPA Complaint Against Your Debt Collector (Ultimate Guide)
Defending Yourself in Court Against a Debt Collector
Tips on you can to file an FDCPA lawsuit against a debt collection agency
Advice on how to answer a summons for debt collection.
Effective strategies for how to get back on track after a debt lawsuit
New Hampshire Statute of Limitations on Debt
Sample Cease and Desist Letter Against Debt Collectors
The Ultimate Guide to Responding to a Debt Collection Lawsuit in Utah
West Virginia Statute of Limitations on Debt
What debt collectors cannot do — FDCPA explained
Defending Yourself in Court Against Debt Collector
How to Liquidate Debt
Arkansas Statute of Limitations on Debt
Youre Drowning in Debt — Heres How to Swim
Help! Im Being Sued by My Debt Collector
How to Make a Motion to Vacate Judgment
How to Answer Summons for Debt Collection in Vermont
North Dakota Statute of Limitations on Debt
ClearPoint Debt Management Review
Indiana Statute of Limitations on Debt
Oregon Eviction Laws – What They Say
CuraDebt Debt Settlement Review
How to Write a Re-Aging Debt Letter
How to Appear in Court by Phone
How to Use the Doctrine of Unclean Hands
Debt Consolidation in Eugene, Oregon
Summoned to Court for Medical Bills? What to Do Next
How to Make a Debt Settlement Agreement
Received a 3-Day Eviction Notice? Heres What to Do
How to Answer a Lawsuit for Debt Collection
Tips for Leaving the Country With Unpaid Credit Card Debt
Kansas Statute of Limitations on Debt Collection
How to File in Small Claims Court in Iowa
How to File a Civil Answer in Kings County Supreme Court
Roseland Associates Debt Consolidation Review
How to Stop a Garnishment
Debt Eraser Review
Do Debt Collectors Ever Give Up?
Can They Garnish Your Wages for Credit Card Debt?
How Often Do Credit Card Companies Sue for Non-Payment?
How Long Does a Judgement Last?
How Long Before a Creditor Can Garnish Wages?
How to Beat a Bill Collector in Court
Source: https://t-tees.com
Category: WHAT
