Ganci v National Asset Management Enterprises, Inc.

New York Residents Furious Over Collection Calls
A statewide class action has been filed in New York against National Asset Management Enterprises, Inc. The action is brought on behalf of all New York residents who, since December 1, 2002, received collection calls from National Asset that allegedly violated the federal Fair Debt Collection Practices Act. The action seeks liquidated damages in the amount of $1000 per class member as well as injunctive and declaratory relief.
According to the consumers, National Asset has engaged in a purposefully deceptive practice of attempting to collect debts from class members.
The consumers allege that representatives of National Asset made calls to class members and left messages on their answering machines or voice mail which informed the class members that the call was from a law firm and instructed class members to return the calls. According to the class members, these calls were persistent and regular. Class members allege that these calls violated the Fair Debt Collection Practices Act because they failed to disclose the fact that these calls were being made by a company attempting to collect a debt and that any and all information obtained would be used for that purpose. The class members additionally claim that National Asset failed to disclose that they were calling on behalf of a creditor. According to the class members, these calls were received by thousands and perhaps tens of thousands of New York residents.




