Are debt collectors from Asset Acquisition Group disrupting your daily life with relentless phone calls? Based in Denver, Colorado, this third-party collection agency has operated for nearly 30 years, but longevity doesn’t excuse violations of your consumer rights. If you’re receiving calls before 8 AM or after 9 PM, threats of arrest, or finding out they’ve contacted your family about your debt, these aren’t just annoying tactics—they’re potential federal law violations.
The Fair Debt Collection Practices Act (FDCPA) exists specifically to protect consumers from abusive debt collection practices. When collectors like Asset Acquisition Group cross legal boundaries with harassment, threats, or privacy violations, federal law allows you to fight back. You could recover up to $1,000 in statutory damages per violation, plus compensation for emotional distress, with the collector paying your attorney fees.
Don’t let Asset Acquisition Group intimidate you into paying without verifying the debt or understanding your rights. Call +1 844-638-1122 now for a free consultation with The Wood Law Firm—we specialize in stopping debt collector harassment and making them pay for breaking the law.
Who Is Asset Acquisition Group?
Asset Acquisition Group is a debt collection agency located at 6825 E Tennessee Ave STE 525, Denver, CO 80224-1628. According to available records, AAG has operated for nearly 30 years as a registered company collecting debts on behalf of original creditors.
Known Phone Numbers:
- 303-694-0031
- 800-742-3310
- (303) 694-0031
- (800) 742-3310
If you’ve received calls from these numbers, document every interaction including dates, times, and conversation content. This documentation becomes critical evidence for potential FDCPA violation claims.
Common Harassment Tactics Used by Asset Acquisition Group
Asset Acquisition Group may use aggressive tactics that cross legal boundaries. Recognizing these methods helps you identify when harassment occurs.
Frequent or Improper Timing: Calling outside the permissible window of 8:00 AM to 9:00 PM in your time zone violates the FDCPA. Even one call outside these hours may support a legal claim.
Contacting Third Parties: Discussing your debt with friends, family, or colleagues without authorization violates FDCPA privacy protections. Collectors may only contact others to locate you and must not reveal they’re collecting a debt.
Abusive Language or Threats: Threatening arrest, wage garnishment, or legal action without proper basis violates federal law. Debt collectors cannot threaten actions they don’t intend to pursue or lack authority to take.
Failure to Verify Debt: Under the FDCPA, collectors must confirm debt validity if you request proof. Pressuring you for payment without providing proper validation violates federal requirements.
If you’ve experienced these tactics, contact a consumer protection attorney at +1 844-638-1122 to evaluate potential violations.
Also read: Financial Asset Management Debt Collection Harassment
Your Rights Under the FDCPA
The Fair Debt Collection Practices Act provides strong protections against abusive debt collection practices.
- Right to Debt Validation Letter: Within five days of first contact, collectors must send a validation letter including the debt amount, creditor’s name, and your right to dispute within 30 days.
- Right to Dispute: You can dispute the debt in writing, requiring Asset Acquisition Group to stop collection until providing verification.
- Right to Cease Communication: You can send a written cease-and-desist letter demanding they stop all contact. Once received, they can only contact you to confirm cessation or notify you of specific legal actions.
- Right to Sue for Violations: If Asset Acquisition Group violates your rights, you can file a lawsuit seeking up to $1,000 in statutory damages per violation, plus actual damages and attorney fees paid by the collector.
Consumer protection attorneys specialize in FDCPA cases and can help you enforce these rights effectively.
Four Steps to Stop Asset Acquisition Group Harassment
Step 1: Document Every Interaction
Create detailed records of all communication with Asset Acquisition Group:
- Log dates, times, caller ID, and conversation details
- Save written communications, including letters and voicemails
- Record instances of threats, abusive language, or improper tactics
- Note how contact affected you emotionally and practically
This documentation demonstrates harassment patterns and strengthens your case for legal action.
Step 2: Demand Written Validation
Send a written validation request via certified mail demanding:
- Proof of the debt’s legitimacy
- Original creditor’s name and account details
- Total amount owed with breakdown of fees
- Documentation showing their authority to collect
Asset Acquisition Group must stop collection until providing proper verification. A consumer protection attorney can draft a validation request that preserves all your legal rights.
Step 3: Send a Cease-and-Desist Letter
If harassment continues, send a cease-and-desist letter via certified mail stating: “Under 15 U.S.C. § 1692c, I demand that Asset Acquisition Group cease all communication with me regarding this alleged debt.”
Include your name, address, and any account number. Keep copies of the letter and mailing receipt. Once received, they can only contact you to confirm cessation or notify you of legal actions.
Step 4: Contact a Consumer Protection Attorney
If Asset Acquisition Group continues harassment despite your efforts, professional legal intervention becomes necessary. Experienced attorneys can stop harassment by taking over all communication, documenting FDCPA violations, building your case, filing lawsuits seeking statutory damages and attorney fees, and helping you seek compensation.
Most consumer protection attorneys work on contingency. Call +1 844-638-1122 for a free consultation.
Also read: Asset Recovery Solutions Debt Collection Harassment
Filing Complaints Against Asset Acquisition Group
Filing formal complaints creates official records and may trigger investigations.
- Federal Trade Commission (FTC): The FTC monitors and investigates consumer complaints about collection agencies.
- Consumer Financial Protection Bureau (CFPB): Enforces laws against unfair debt collection practices.
- Better Business Bureau (BBB): The BBB collects company reviews and complaints, which can influence Asset Acquisition Group’s reputation.
These complaints strengthen your case if you pursue legal action. Consumer protection attorneys can guide you through filing procedures and evaluate whether a lawsuit is appropriate.
Also read: Recovery Solutions Group Debt Collection Harassment
Credit Score and Settlement Considerations
Asset Acquisition Group may report collection accounts to credit bureaus, potentially lowering your credit score by 50-100 points. Collection accounts remain on your report for up to seven years from the original delinquency date.
Negotiating Settlement: If the debt is legitimate, negotiating a settlement may resolve the account. Consider your financial situation and the amount you can afford. Get any settlement agreement in writing before making payments, specifying how the debt will be reported to credit bureaus.
Pay-for-Delete Agreements: Some collectors agree to remove negative marks in exchange for payment. Work with a credit repair professional to ensure negative marks are handled correctly, and your credit report remains accurate.
Monitor Your Credit: Regularly review your credit report and dispute any errors or inaccuracies to ensure accuracy. You’re entitled to free annual credit reports from each major bureau.
Also read: Sequim Asset Solutions Phone Harassment
About The Wood Law Firm
At The Wood Law Firm, our mission is to protect consumers from predatory practices and ensure they receive fair treatment under federal law. We specialize in cases involving the Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), and Telephone Consumer Protection Act (TCPA). For over a decade, we have worked to hold companies accountable and secure justice for our clients.
Choosing The Wood Law Firm means partnering with a team deeply committed to protecting your consumer rights. We understand the stress and frustration that come with facing potentially unfair collection practices, and we stand by your side throughout the process. Our personalized approach, combined with extensive experience and national reach, makes us equipped to handle your consumer protection needs.
The Wood Law Firm has cultivated strong Of Counsel relationships with attorneys licensed in Arizona, California, Florida, Louisiana, Minnesota, Missouri, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Washington, and West Virginia.
About Attorney Jeff Wood
Jeff Wood is an accomplished attorney based in Arkansas, where he is fully licensed to practice law. With over 15 years of experience, Mr. Wood specializes in consumer protection, focusing on cases involving the Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), and Telephone Consumer Protection Act (TCPA). His commitment to defending consumer rights has helped countless clients find relief from potentially unlawful debt collection practices.
Real Client Outcomes
Case Study: Excessive Calling Stopped
Robert received 10-12 calls daily from the Asset Acquisition Group for two weeks about a disputed $1,200 debt. After contacting The Wood Law Firm, we documented the excessive calling pattern and sent a cease-and-desist letter. When calls continued, we filed an FDCPA complaint. Asset Acquisition Group settled for $1,900 in statutory damages plus our attorney fees.
Case Study: Third-Party Disclosure Violations
Asset Acquisition Group called Amanda’s mother four times, discussing Amanda’s debt in detail. These unauthorized disclosures violated the FDCPA and caused significant family distress. The Wood Law Firm secured $1,700 in damages, and Asset Acquisition Group was required to cease all collection activity.
Case Study: False Threat Resolution
Asset Acquisition Group threatened Marcus with immediate arrest for unpaid debt. This false threat violated the FDCPA. The Wood Law Firm filed suit, and Marcus received $1,800 in damages plus removal of the debt from his credit report.
Frequently Asked Questions
Is Asset Acquisition Group legitimate or a scam?
Asset Acquisition Group is a legitimate debt collection company operating for nearly 30 years in Denver, Colorado. However, legitimacy doesn’t guarantee legal collection practices. If you believe their tactics violate your rights, consumer protection attorneys can evaluate your situation.
Can the Asset Acquisition Group report to credit bureaus?
Yes. They may report debts to credit bureaus, potentially impacting your credit score by 50-100 points for up to seven years. If you believe there are inaccuracies, you have the right to dispute these reports.
Can Asset Acquisition Group garnish my wages?
Asset Acquisition Group can only garnish wages after filing a lawsuit, winning a court judgment, and obtaining a separate wage garnishment order. The process varies by state, with federal and state protections limiting wage garnishment amounts.
What should I do if Asset Acquisition Group calls at inappropriate times?
Document all calls with dates and times. If they’re calling outside permitted hours (8:00 AM to 9:00 PM in your time zone), this violates the FDCPA. Contact a consumer protection attorney to evaluate potential violations.
Can I request that Asset Acquisition Group stop calling entirely?
Yes. Send a written cease-and-desist letter via certified mail requesting they stop all phone communication. After receiving this letter, they may only contact you to confirm receipt or notify you of specific legal actions.
How much can I recover if I sue Asset Acquisition Group for harassment?
Under the FDCPA, you may recover up to $1,000 in statutory damages per lawsuit, plus actual damages for emotional distress, and the court may order them to pay your attorney fees if you win.
What information should Asset Acquisition Group provide about my debt?
They must provide a validation letter within five days of initial contact, including the debt amount, original creditor’s name, and your right to dispute the debt within 30 days.
Can Asset Acquisition Group discuss my debt with my family or employer?
No. Debt collectors cannot discuss your debt with third parties, though there are limited exceptions for locating you or if you’ve given permission. Unauthorized disclosure violates the FDCPA.
How long does Asset Acquisition Group have to collect on a debt?
This depends on your state’s statute of limitations, typically ranging from 3 to 6 years. After this period expires, the debt becomes time-barred, and they cannot successfully sue you, though they may still attempt collection.
Take Action Against Asset Acquisition Group Today
You don’t have to endure harassment from Asset Acquisition Group. The FDCPA provides powerful tools to stop illegal practices and recover compensation.
Call +1 844-638-1122 for a free consultation. We will review your situation, identify FDCPA violations, stop the harassment immediately upon retention, and pursue maximum compensation through settlement or litigation. We work on contingency, meaning you pay nothing unless we win your case.
FDCPA claims must typically be filed within one year of violations. Don’t delay. Contact us today to protect your rights and hold Asset Acquisition Group accountable.
Also read: Account Resolution Group Phone Harassment
Additional Resources
Colorado Attorney General Consumer Protection – State consumer protection and complaint filing
