US Asset Management Collection Letter for Time-Barred Debt FDCPA Complaint

November 27, 2020

This class action brings suit against EOS CCA, which does business as Collecto, Inc. (EOS) and US Asset Management, Inc. The complaint alleges that the companies have violated the Fair Debt Collection Practices Act (FDCPA) for sending a misleading debt collection letter that attempts to collect a time-barred debt without mentioning to the consumer debtor that even a small payment could restart the statute of limitations on the debt.