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Did you just receive a call from 800-504-2401 or a mailer from the address, 698 1/2 S Ogden St Buffalo, NY 14206-2317? If so, Capital Management Services is most likely contacting you to collect an unpaid debt

According to it’s website, Capital Management Services works accounts for lenders, debt buyers, banks and retail finance companies.

Is Capital Management Services legitimate at all?

Capital Management Services has been around since 9/28/2000 per BBB and has a headquarters located at 698 1/2 S Ogden St Buffalo, NY 14206-2317. It has an A+ BBB rating and has closed 26 complaints in 3 years. On their website they state they are, “nationally licensed and recognized collections agency, providing the highest level of delinquent receivables resolution”. 

Will Capital Management Services Sue me?

It is uncertain whether we know if they will specifically sue you or not, but we can say that debt collectors have sued individuals for their unpaid debts before. In our review of over 2100 lawsuits, we did not see Capital Management Services as a plaintiff, but that doesn’t mean they don’t contract out their lawsuits to local firms.

When will a debt collector sue me?

There are a handful of reasons to attest to when a debt collector may sue someone. We go into detail here. Here are some of the hypothesis for when a debt collector may sue: 

  1. Do you have savings, checking, or investment account?
  2. How much total unpaid debt do you have? The more unpaid debt you have, the higher the chance you have of being sued.
  3. Do you have more debt than $2,000? Debt collectors tend to hold off on suing people with less than $2,000 unless their cost-benefit analysis says differently. 
  4. Do you owe money to large or small businesses?
  5. One thing to do is to verify if your state allows wage garnishment, levies, or liens. Please check the bottom of this section to find out.

How do I know if I am going to be sued?

Sometimes it can be quite simple. Someone will hand-deliver the summons to your doorstep so that there is no confusion on if you received the court summons or not. If you decide to ignore the summons, collectors most likely will request a default judgment and get more than you want.

What are my otions to resolve this debt?

Thankfully, there are options available for taking care of your debt without being sued. First, we created a debt freedom portal that will allow you to see a longer laid out a plan for tackling the debt. 

If you need a debt relief option, here are some options that you may consider.

  1. Working with a debt management company
  2. Using a debt payoff planner
  3. Working with a debt management company
  4. Chapter 7 or Chapter 13 bankruptcy

Understanding which option to choose can be challenging. As such, we built the following debt relief calculator to understand how you may best resolve the debt with Capital Management Services and other outstanding debt.

Can I ask Capital Management Services to stop calling from 800-504-2401?

Yes, you have the rights under the FCRA § 805 to request that Capital Management Services stop calling you immediately. It can be difficult to receive mulple calls from 8005042401 daily.

If it is not your debt, you can ask for them to verify your debt. If this is the case, please exercise your rights and verify this debt with the debt collector.

I need more information and help

If you are still looking for some more help, please do not hesitate to give us a call or text at: (833) 272 -3631 or email us at

We created a debt relief calculator that will help you get more context on what your next steps should look like.

Post Author: Ben Tejes

Ben Tejes is a co-founder and CEO of Ascend Finance. Before Ascend, Ben held various executive roles at personal finance companies. Ben specializes in Chapter 13 Bankruptcy, Debt Settlement, Chapter 7 Bankruptcy and debt payoff methods. In his free time, Ben enjoys spending time going on adventures with his wife and three young daughters.

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