Who Called From 516-746-1040?
Short answer: 516-746-1040 is a number used by Acquired Assets, Ltd. (Acquired Assets, Ltd.), a third-party collection agency based in Mineola, NY — nyc department of consumer affairs (predecessor to dcwp) debt-collection license 2093329-dca on file, address of record in mineola, ny. They are almost certainly trying to collect a debt, most often consumer accounts. You are not required to answer or say anything — and you have the right to demand written proof before you pay a cent.
Whose Number Is 516-746-1040?
The number 516-746-1040 is used by Acquired Assets, Ltd. (nyc department of consumer affairs (predecessor to dcwp) debt-collection license 2093329-dca on file, address of record in mineola, ny), a third-party collection agency in Mineola, NY. For the full company profile — ownership, history, and known aliases — see our complete Acquired Assets, Ltd. guide. This page focuses on the calls coming from 516-746-1040 specifically.
About this specific number
- 📞 Number: 516-746-1040 (area code 516, ending in 1040)
- 📍 Line type: Direct-dial — resolves to the 516 area code.
- 🏢 Operator: Acquired Assets, Ltd., a third-party collection agency in Mineola, NY.
- 🔢 Related lines: Acquired Assets, Ltd. is documented using 1 number in our directory, so calls may also come from other digits.
516-746-1040 is a direct-dial number tied to the 516 area code, which is why the call may have appeared "local" on your caller ID even though Acquired Assets, Ltd. operates out of Mineola, NY.
Some carriers display 516-746-1040 under a spoofed or neighboring city name. Do not trust the on-screen label — trust the written validation you request from Acquired Assets, Ltd..
On your caller ID, in voicemails, or in letters, this company can also appear as: Acquired Assets, Ltd., Allen & Assiciates.
Why Is Acquired Assets, Ltd. Calling Me From 516-746-1040?
In our directory, 516-746-1040 is tracked as a nyc department of consumer affairs (predecessor to dcwp) debt-collection license 2093329-dca on file, address of record in mineola, ny for Acquired Assets, Ltd., which typically collects consumer accounts, retail debt. A call from 516-746-1040 usually happens because:
- ✅ An original account (a consumer accounts, for example) went unpaid and was charged off by the creditor.
- ✅ The account was placed with Acquired Assets, Ltd. to collect on behalf of the original creditor.
- ✅ Acquired Assets, Ltd. is now dialing you from 516-746-1040 and possibly other lines to reach a resolution.
Calls from 516-746-1040 often come right after a billing cycle closes. Some people report that 516-746-1040 calls once and hangs up, then tries again from a different Acquired Assets, Ltd. line hours later. A single missed call is not proof of a valid debt. When 516-746-1040 shows up on your caller ID, it is worth checking whether the Acquired Assets, Ltd. account also appears on your credit report. A phantom call with no tradeline may signal an unvalidated or misrouted debt. Bottom line — make Acquired Assets, Ltd. prove the consumer accounts in writing first.
Important: a phone call — even from a real number like 516-746-1040 — does not prove you owe the debt, that the amount is correct, or that Acquired Assets, Ltd. can legally collect it. That is exactly why your validation rights matter.
What NOT to Say If You Answer 516-746-1040
Anything you say to Acquired Assets, Ltd. can be used to collect. Protect yourself — avoid these common mistakes on the call.
Don't admit the debt is yours
When 516-746-1040 calls, saying "yes, that's mine" or apologizing can be treated as acknowledging the debt — which may reset the statute of limitations. Neither confirm nor deny until you've seen written validation from Acquired Assets, Ltd..
Don't agree to a payment on the spot
A single payment to Acquired Assets, Ltd. — even a small "good-faith" one — can restart the clock on an old debt and make it collectable again. Never authorize a payment over a call from 516-746-1040.
Don't give bank or card details
Do not read out your bank account, debit, or credit card number to anyone calling from 516-746-1040. Any legitimate Acquired Assets, Ltd. resolution can be handled in writing after validation.
Don't confirm personal information
Avoid confirming your SSN, date of birth, employer, or address to the 516-746-1040 caller. If it truly is your Acquired Assets, Ltd. account, they should already have what they need and must prove it.
What To Do If 516-746-1040 Keeps Calling
Here are concrete next steps for this specific Acquired Assets, Ltd. line. Work through them in order — each one strengthens your position before you ever discuss the debt.
- 1
Save 516-746-1040 as a contact labeled "Acquired Assets, Ltd. — do not answer" so you can screen future calls with confidence.
- 2
Do not return the call to 516-746-1040 until you have the account details in writing — a call-back can be treated as engagement.
- 3
Ask, in writing, that Acquired Assets, Ltd. identify the original creditor behind the 516-746-1040 calls and the date the debt was opened.
Your Rights When Acquired Assets, Ltd. Calls From 516-746-1040
The Fair Debt Collection Practices Act (FDCPA) and Fair Credit Reporting Act (FCRA) give you real leverage. Here is the debt-validation playbook we use at Crowned Credit.
1. Demand Debt Validation (FDCPA §809)
Within 30 days of first contact, send Acquired Assets, Ltd. a written debt-validation letter. They must prove the debt is yours, the amount is right, and they have the legal authority to collect — or stop collecting.
2. Dispute With the Bureaus (FCRA §611)
If Acquired Assets, Ltd. reported a tradeline, dispute it with Equifax, Experian, and TransUnion. They have 30 days to investigate; unverifiable items must be corrected or deleted.
3. Log the Calls
Write down every call from 516-746-1040: date, time, and what was said. Repeated calls, calls at odd hours, or threats can be FDCPA violations — and leverage for you.
4. Send a Cease-and-Desist
You can demand in writing that Acquired Assets, Ltd. stop calling you entirely. The calls must stop, even though they may still report or pursue other legal steps.
5. Check the Statute of Limitations
Every state limits how long a collector can sue on a debt. If the debt is time-barred, Acquired Assets, Ltd. generally cannot win a lawsuit — and a payment could dangerously restart that clock.
6. Know the Anti-Harassment Rules
The FDCPA bars Acquired Assets, Ltd. from calling before 8am or after 9pm, threatening you, or lying about the debt. Each violation may entitle you to statutory damages.
How Crowned Credit Helps With Calls From 516-746-1040
We investigate the specific Acquired Assets, Ltd. account behind the calls, assert every applicable right, and work it with all three bureaus and the collector directly — no cookie-cutter form letters.
Review & Validate
We pull all three bureau reports, find every error tied to the Acquired Assets, Ltd. account, and demand full debt validation.
Dispute & Escalate
Hand-packed disputes go to the bureaus and to Acquired Assets, Ltd.. When they fail to investigate properly, we escalate to the CFPB and, where warranted, attorneys.
Track & Build
We monitor the outcome and coach you on rebuilding once inaccurate items are addressed. Results vary by profile.
Or call us directly at 336-310-0090. Results vary based on your individual credit profile.
516-746-1040 — Frequently Asked Questions
Who is calling me from 516-746-1040?
516-746-1040 is a direct-dial line associated with Acquired Assets, Ltd. (also seen as Acquired Assets, Ltd.), a third-party collection agency headquartered in Mineola, NY. The number resolves to the 516 area code. If you received a call from 516-746-1040 — often showing the last four digits 1040 on your screen — it is very likely Acquired Assets, Ltd. attempting to reach you about a debt they say you owe, most often consumer accounts, retail debt.
Is 516-746-1040 a scam number?
Acquired Assets, Ltd. is a real, registered company, and 516-746-1040 is a documented line tied to it. That said, scammers do "spoof" the caller ID of well-known collectors like Acquired Assets, Ltd., so the number showing on your screen is not proof of anything. Never give payment or personal information based on a phone call alone. Ask for the caller's name, company, and a written validation notice before you discuss any debt.
Do I have to answer or call back 516-746-1040?
You are not legally required to answer 516-746-1040 or call Acquired Assets, Ltd. back. In fact, it is usually smarter to say nothing on the phone and instead demand everything in writing. Under the FDCPA, once you send a written debt-validation request, Acquired Assets, Ltd. must pause collection until it mails you proof of the debt.
Why is Acquired Assets, Ltd. calling me about consumer accounts?
A call from 516-746-1040 usually means an original consumer accounts went unpaid and was placed with Acquired Assets, Ltd., which dials this line to collect on the original creditor's behalf. The account may have aged or changed hands more than once, so demand the full paper trail before you accept the balance as accurate.
Can I stop Acquired Assets, Ltd. from calling 516-746-1040?
Yes. The FDCPA lets you send a written cease-and-desist demand telling Acquired Assets, Ltd. to stop contacting you by phone. They can still report to the bureaus or pursue other legal steps, but the calls from 516-746-1040 and any related lines must stop. This is a useful way to end harassment while you build your dispute.
Should I pay the debt Acquired Assets, Ltd. is calling about?
Do not pay anything based on a call from 516-746-1040 until the debt is validated. Once you confirm the debt is yours, accurate, and still within your state's statute of limitations, you can consider a written pay-for-delete arrangement. Paying an unverified or time-barred debt can restart the clock and lock in a negative mark. Get a free assessment first.
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