How to Settle Debt With Sequium Asset Solutions
Sequium Asset Solutions is a legitimate debt collector that you can negotiate with effectively. Always validate the debt, file a timely Answer if sued, and explore settlement options before your court date. You have consumer rights under federal law that protect you from unfair collection practices.
Answer Your LawsuitBeing contacted by Sequium Asset Solutions about unpaid debt creates stress. You have options to resolve your debt issue efficiently. You can validate the debt, assert your rights, and negotiate settlement terms.
Here’s everything you need to know about Sequium and your consumer rights.
Being Sued by Sequium? Respond Now to Avoid Default Judgment
You have 14-35 days to file an Answer before Sequium wins by default. Don't let the deadline pass and risk wage garnishment or property liens.
File Your AnswerWhat is Sequium Asset Solutions?
Sequium Asset Solutions, LLC is a legitimate debt collection agency. They purchase debts from original creditors who stopped trying to collect. The company operates from Marietta, Georgia and has been in business for six years.
Contact information:
- Phone: 877-362-8766
- Address: 1130 Northchase Parkway, Suite 150 Marietta, GA 30067
- Email: inquiry@sequium.com
Who Does Sequium Collect For?
Sequium Asset Solutions pursues delinquent and discharged accounts for various companies. They work with financial institutions, auto loan companies, and personal loan companies.
Read Sequium Reviews Online
Check out what other consumers say about their experience with Sequium. You can find reviews on Google and the Better Business Bureau website.
Online reviews for Sequium Asset Solutions show mixed results. Some reviews demonstrate that consumers can have productive discussions with Sequium. You can resolve debt collection matters through effective communication.
One reviewer shared a positive experience about working with Sequium representatives. The debt collector helped them find payment options within their budget. Proactive communication makes a real difference in debt resolution outcomes.
How to Respond When Contacted by Sequium
Any contact from a debt collector requires a request to validate the debt. Do this even if you recognize the debt and amount.
Sequium can contact you via phone, email, or mail. They should verify the debt in writing within five days of first contact. Send them a debt validation letter regardless of their initial verification.
They have thirty days from receipt to respond. Always use certified mail to reach Sequium for proof of communication.
Upon receipt of your letter, Sequium must report the debt as disputed. They must provide proof that the amount is current and accurate. They must stop contacting you about that debt until providing proof.
Negotiate With Sequium to Settle Your Debt
Even if you received a debt collection lawsuit from Sequium, you can negotiate settlement. Respond to the lawsuit promptly so you have time for settlement negotiations.
Follow these steps to settle debt with Sequium Asset Solutions:
- File an Answer to the debt collection lawsuit in a timely manner. Responding to the lawsuit prevents a default judgment that could hurt your negotiating position.
- Assess the amount you can realistically afford to pay toward the balance. Use this formula: Amount available to settle = (monthly income – monthly costs) + savings
- Contact Sequium Asset Solutions to present your opening settlement offer. Make this offer less than your maximum amount so you have negotiating room.
- Be ready for multiple rounds of negotiating back and forth.
- Get the terms in writing if you reach a debt settlement agreement.
- Both you and the debt collector need to sign the agreement.
- Pay the negotiated amount in a timely manner according to terms.
Working with our partner Solo can help you respond to the lawsuit and negotiate effectively.
What If a Debt Collector Reports False Information?
Many debt collectors weaponize credit reporting bureaus against consumers. You might feel compelled to pay errored accounts to remove them from your report.
You shouldn’t be intimidated into paying an unvalidated debt. Paying an account in collections doesn’t remove the mark from your report. The negative item can stay there for years.
Use your rights under the Fair Credit Reporting Act (FCRA) to remove errors. According to the FCRA, debt collectors cannot report false information to bureaus. Report violations to the FCRA and Consumer Financial Protection Bureau (CFPB).
You can write a dispute letter to major credit reporting bureaus. Send your dispute letter via certified mail with return receipt requested.
How to Respond to a Debt Lawsuit From Sequium
Sequium’s final tactic is taking you to court. Don’t ignore the case when this happens. Debt collectors bet on you ignoring the lawsuit.
The court issues a default judgment against you if you don’t respond. The judge can order wage garnishment, property liens, or freeze your bank accounts.
Filing a written Answer to the case is your first step. Follow these three steps to respond to a debt lawsuit:
Answer Each Claim in the Complaint
You should receive a Summons and Complaint document when you’re sued for debt. Respond to each claim listed in the Complaint document in your Answer.
You can admit, deny, or deny due to lack of knowledge. Most attorneys recommend denying as many claims as possible. Denying forces Sequium to prove its claims in court.
They might drop the case altogether if they can’t prove everything.
Assert Your Affirmative Defenses
An affirmative defense is any legal reason Sequium shouldn’t win the case. You can bring up several affirmative defenses in your Answer.
You can’t bring them up later if you don’t assert them initially. Include your affirmative defenses in your Answer from the start.
The statute of limitations is a common affirmative defense in debt collection lawsuits.
File Your Answer With the Court
You have 14-35 days to file the Answer before a default judgment. Sequium can garnish your wages and place liens on your property if you miss this deadline.
Send the Answer to the court via mail, drop it off in person, or file electronically. Some courts offer electronic filing options.
Make a copy and send it to Sequium after filing in court. Request a return receipt for proof that you sent it.
Consider a Counterclaim Against Sequium
You may decide to countersue Sequium if they violated your rights. The Fair Debt Collection Practices Act protects you from certain behaviors:
- Calling you before 8:00 am or after 9:00 pm your time
- Using profanities when talking to you
- Sharing your debt details with unauthorized parties
- Threatening to take legal action without following through
Don’t fear when dealing with debt collectors. They hope you don’t know your rights.
Respond to Sequium by asking for debt validation and reporting misconduct. Remove them from your credit report and file your Answer to a lawsuit promptly.
Next Steps After Filing Your Answer
Filing an Answer is just the beginning of your debt resolution journey. You must attend hearings and respond to other documents filed in the case.
Contact Sequium before the court date to negotiate and explore settlement options. Our partner Solo can help you streamline this process from answer to settlement.
You have the power to resolve this debt on your terms. Take action today to protect your rights and financial future.