Are You Being Called By MTGLQ Investors?*

In these difficult financial times, more people are finding themselves unable to pay their debts. To compel payment, debt collectors have become more persistent and abusive. They call people at unreasonable hours and swear at them, knowing that most debtors are unaware of their rights.

Your Rights Under the FDCPA

The Fair Debt Collection Practices Act, or FDCPA, regulates debt collection activities. It also provides an avenue for you to dispute a debt and takes swift action against companies that use the following tactics.

• Yelling at you
• Demanding more than the actual debt total
• Calling you at work after they’ve been advised that such calls are not allowed
• Threatening to send the sheriff to your house
• Reporting false information to the credit bureaus
• Contacting you directly after you retain an attorney

Company Profile: MTGLQ Investors

If you are being called by MTGLQ Investors, here are some additional company details.

MTGLQ Investors is a financial services company and collection agency in New York, New York. It opened for business in 1993, has 61 employees, and is managed by Julie Abraham Hausen. Lawsuit files at the PACER website suggest that those who felt that they were being harassed by MTGLQ Investors did not back down.

Alleged Violations against MTGLQ Investors**

According to PACER, on or around July 12, 2016, MTGLQ Investors was allegedly assigned the right to collect a mortgage debt from a Florida couple. They complained that other creditors / debt collectors claimed to have collection rights, and that they were being harassed by phone and threatened with lawsuits. Feeling harassed by MTGLQ Investors, the consumers took action against the company for:

• Using false, deceptive, and misleading means to collect a debt
• Misrepresenting the legal status of the debt
• Failing to validate the debt

The case was later dismissed.

Hire a Consumer Lawyer

The phone number for MTGLQ Investors is 1-212-902-1000. If you see it on your caller ID, seek legal counsel, because MTGLQ Investors is on the line. If they try to collect a debt from you and fail to validate it beforehand, hire a consumer lawyer and file a claim against MTGLQ Investors. If you win, you could receive $1,000 per FDCPA violation plus applicable costs and damages. When collection agencies disobey the law, it can literally cost them.

**Case taken from PACER (pacer.gov). File number is Case 2:16-cv-00457-RL from the United States District Court for the District of Northern Indiana.

*Disclaimer: The content of this article serves only to provide information and should not be constructed as legal advice. If you file a claim against MTGLQ Investors or any other third-party collection agency, you may not be entitled to any compensation.

Additional Resources

• How to Stop a Debt Collector from Calling You Repeatedly
• How to Stop a Debt Collector from Threatening Legal Action