Sequium Class Action Lawsuit for FDCPA Violations Dismissed

Navigating debt collection can feel overwhelming, especially with companies like Sequium Asset Solutions. The company recently faced legal scrutiny for alleged violations of the Fair Debt Collection Practices Act.

A class action lawsuit was filed in January 2024. The consumer voluntarily dismissed it less than a month later.

Understanding your rights matters when dealing with debt collectors. You have legal protections under federal and state law.

What Is Sequium Asset Solutions?

Sequium Asset Solutions is a debt collection agency. They recover unpaid bills on behalf of other companies.

Debt collection is heavily regulated. Laws exist to protect you from unfair or aggressive practices.

Contact Information for Sequium Asset Solutions

• Address: 1130 Northchase Parkway, Suite 150, Marietta, GA 30067
• Email: inquiry@sequium.com
• Phone: (877) 362-8766

Always verify any debt before making payments to collectors.

Who Does Sequium Collect For?

Sequium typically collects debts for telecommunications companies. Cell phone bills are common examples.

Large companies often outsource debt collection to specialized agencies. Sequium is one such agency.

Why Is Sequium Asset Solutions Calling You?

Sequium calls because they believe you owe an outstanding debt. They’re working on behalf of one of their clients.

You have rights when collectors call. The FDCPA requires them to verify the debt upon request.

You can dispute any debt you don’t recognize. Collectors must provide proof that you owe the money.

The Class Action Lawsuit Against Sequium

A class action lawsuit was filed against Sequium in Cook County Circuit Court. The filing date was January 2024.

The lawsuit alleged violations of the FDCPA and Illinois Collection Agency Act. Sequium allegedly failed to provide required notices to debtors.

The consumer voluntarily dismissed the case on February 1, 2024. An agreement was reached between the parties.

Case Background and Allegations

Ramesh Marlecha filed the lawsuit representing similar individuals. Philipps & Philipps served as attorneys for the plaintiff.

The complaint focused on improper communication practices. Sequium allegedly didn’t inform debtors of their legal rights.

FDCPA Violations Alleged

The FDCPA prohibits unfair and deceptive debt collection practices. Collectors must clearly communicate your right to dispute debts.

The plaintiff claimed Sequium failed to provide necessary notices. Section 1692g of the FDCPA requires specific disclosures.

These disclosures include your right to dispute the debt. Collectors must provide this information within five days of initial contact.

Illinois Collection Agency Act Violations

The ICAA regulates collection agencies operating in Illinois. Similar to the FDCPA, it protects consumers from abusive practices.

The plaintiff asserted Sequium violated ICAA requirements. Written notice of debt validation rights is mandatory under 225 ILCS 425/9.3.

Class Action Details

The lawsuit sought to represent Illinois residents who received improper communications. Class members allegedly faced similar violations.

The plaintiff argued for jurisdiction in Illinois courts. Common legal questions affected all class members.

Relief Requested Before Dismissal

The plaintiff requested class certification and statutory damages. Attorney fees and other relief were also sought.

The lawsuit claimed Sequium’s failures caused harm to consumers. The plaintiff eventually dropped the case after reaching an agreement.

What This Means for Consumers

The lawsuit highlights your protections under federal and state law. Debt collectors must follow specific rules when contacting you.

You have the right to request debt verification. Collectors must prove you owe the debt and they have collection rights.

If a collector violates these laws, you may have grounds for legal action. Our partner Solo can help you respond to collection lawsuits.

Staying informed protects you from unfair practices. Know your rights before engaging with debt collectors.

Sequium Asset Solutions Reviews

Sequium Asset Solutions has over 500 Google reviews. The average rating is 1.6 out of 5 stars.

Many reviewers claim Sequium is a scam. However, Sequium is a legitimate debt collection agency.

Scammers often pose as debt collectors to steal money. Always verify any debt before making payments.

The Consumer Financial Protection Bureau has received thousands of complaints about Sequium. Most complaints mention attempts to collect debts not owed.

Common complaints include:

• Attempting to collect invalid debts
• Failure to provide written verification
• Aggressive communication tactics
• Contacting consumers about debts they don’t recognize

How to Make Sequium Validate Your Debt

You have the right to request debt validation. Collectors must prove the debt is valid and they can collect it.

Send a Debt Validation Letter to Sequium. This forces them to provide proof of the debt.

If they cannot validate your debt, they must stop contacting you. They cannot continue collection efforts without verification.

The letter should request:

• The original creditor’s name
• The amount of the debt
• Proof that you owe the debt
• Documentation showing they have the right to collect

Our partner Solo helps you draft personalized Debt Validation Letters. You can stand up for your rights and protect yourself.

What to Do If Sequium Sues You

Ignoring a lawsuit is the worst thing you can do. You must respond to avoid a default judgment.

You typically have 20-30 days to respond to a lawsuit. The exact deadline is stated on your court summons.

Your response should include valid defenses. Common defenses include statute of limitations, incorrect amount, or improper documentation.

Consider negotiating a settlement if the debt is valid. You may be able to settle for less than the full amount.

Our partner Solo can help you respond to debt collection lawsuits. You don’t have to face Sequium alone.