Sep 23, 2013
Check out their fabulous website, http://federalassettsolutions.com/ . One really has to wonder at the educational level these geniuses have achieved...the last time I checked, "Asset" only has one "t".
But it gets better, folks...look at the opening paragraph of this fine, one-page website..."FAS files Litigation Claims, only if debtors fail to voluntarily arrange a reasonable consolidation of their outstanding debt." What, exactly, is a "Litigation Claim"? I know what a small claims action is, which is the category any payday loan would fall into, and I know what litigation means, but a "Litigation Claim"?
But the worst part is the 2nd paragraph, where they tell you what FNA is..."FNA is an arm of Federal Assett Solutions. FNA is responsible for defending the claim for the accused...."
Wait a minute...you mean that this guy that calls and pretends to be "Investigator Whoever" is going to defend the alleged debtor? Everyone should breathe a huge sigh of relief now...Whew...we feel better already. But wait, there's more..."However, if a settlement is not reached, FNA is also the Dept. that will facilitate court orders, subpoenas, summons, and all other legal actions." Now I'm really confused...how does one facilitate court orders, subpoenas, and summons? Aren't they issued by the court, and served by either a deputy or constable, depending on your jurisdiction? Exactly how do they "facilitate" any of this?
This type of organization is nothing but a scam.