Consumer complaint received 2025-11-14 00:00:00
Product: Debt collection — Other debt
Issue: Written notification about debt — Didn't receive enough information to verify debt
Company: APEX Asset Management, LLC
State: NJ

Complaint narrative:
DEBT VALIDATION REQUEST LETTER ( Full Enforcement Version Includes Items 17 ) Send by Certified Mail Return Receipt Requested XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Email : XXXX Date : XX/XX/year> APEX ASSET MANAGEMENT LLC XXXX XXXX XXXX XXXX XXXX XXXXXXXX Re : FORMAL DEMAND FOR DEBT VALIDATION Account / Reference No. : XXXX Collector File No. : XXXX To Whom It May Concern : This letter is a formal request for full debt validation pursuant to the Fair Debt Collection Practices Act ( FDCPA ), 15 U.S.C. 1692g ( b ). This request is timely and made within 30 days of your initial communication.

Until you provide complete validation, you must cease all collection activity, including reporting to credit bureaus.

1. Proof That the Debt Exists Provide : - A copy of the original signed agreement, lease, contract, or application- The original account number- The full name and address of the original creditor - The date of alleged default - The date the debt was incurred 2. Full and Complete Itemized Accounting Provide a full breakdown from Day 1 to today, including : - Principal - Interest - Late fees - Penalties - Collection charges- Attorney fees- All payments received and how they were applied 3. Complete Chain of Assignment / Ownership Provide documentation showing legal standing to collect, including : - Every assignment, transfer, or sale of the debt - Names, dates, and parties involved - Contracts proving your agency has the legal right to collect - Proof that the transferring party had lawful title to the debt 4. Proof of Collectors Legal Authorization Provide : - Your state debt collection license number - Proof that your company is authorized to collect in New Jersey - Written authorization from the original creditor permitting you to collect this specific debt 5. Proof The Debt Is Accurate and Valid Under the Law Provide documentation showing : - The balance is accurate and lawful- All charges comply with the original agreement - No unlawful or inflated fees were added - The debt is within the applicable statute of limitations - Billing records showing how the balance was calculated 6. Verification Directly From the Original Creditor Per FDCPA 1692g ( b ), you must obtain and provide : - A written statement or ledger from the original creditor - Confirmation that the debt is valid - Confirmation that the amount is correct - Copies of original billing records or account history 7. Cease All Collection Activity Until Validation Is Complete As required by federal law, during validation you must stop : - Telephone calls- Letters and emails - Credit reporting - Collection attempts- Legal threats - Any request for payment If you can not properly validate this debt, you must : 1. Cease all collection permanently 2. Delete any negative reporting from all credit bureaus 3. Notify any third parties to whom you have communicated the alleged debt 4. Close this file You must provide complete validation within 30 days of receipt of this notice. 

Send All Validation Documents To : XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX  I reserve all rights under federal and state law. No consent is granted to call my phone or contact third parties. 

Sincerely,

Company response to consumer: Closed with explanation