ASSET ACCEPTANCE AND MY CREDIT REPORT

james--save your typing, man. he doesnt care. he is only here to start trouble, thats what trolls do.

It takes a sad person, it really does, to pride themselves on coming to a place like this that serves a serious purpose and representing their chosen industry so poorly on purpose.

So, Sky. If they did do sell it to another person, its just like a revolving door that keeps going? Who could actually investigate this for me and get me the truth? I do not want to have to deal with this one account for a long time.

Could someone explain to me how this return receipt request works? I am looking at Asset's Address now and its for a P.O. Box. Would I still get something in the mail stating that they received it?

your only hope for that would be if someone actually validates it. Otherwise, there is nothing you can do to prevent this from being sold to the next ripoff artist also known as a junk debt buyer. The good news is this--on a debt that you dispute, once the SOL is expired, then the next time one of these CAs contacts you about the debt, you simply respond with a full cease and desist letter, by certified mail, telling them that the debt is past SOL and not to contact you in any way, shape, or form about this matter. That way, if they still keep calling, you get to sue them and make them pay you for their ignorance!!

A return receipt is a green postcard that you get from the Post Office. You fill it out and attach it to your certified letter. When the letter arrives at its destination, the recipient has to sign the card in order to get the letter. The signed, dated card is then returned to you as proof of delivery.

If you aren't sure what to do, just take your letter to the local Post Office. Tell the window clerk that you want to send it "Certified Mail, return receipt requested". They'll know what you want, and help you through it.

It costs $5.21 to send. Of that, $.41 is postage, $2.65 is the certified fee, and $2.15 is for the return receipt. Do not skimp on this! Sending it this way allows you to prove [as in, in court if needed] that you sent something, and that they got it on a given date. It also allows you to track your letter online through the USPS website.

And yes, you can send these to PO Boxes. I just sent one to a PO Box last week. It may take an extra day or so if they're lax about picking up the mail. But whoever picks up the mail will have to sign for that letter.

Thanks, UncleWulf. I appreciate the info. I will be mailing my debt validation letter this weekend.

I MAILED OFF MY LETTER TODAY TO SEND TO ASSET ACCEPTANCE WITH A RETURN RECEIPT REQUEST. MY BALANCE FOR MY DELL ACCOUNT IS $300. I CHECKED MY CREDIT REPORT AND MY SCORE IS OVER 700. THINGS ARE LOOKING UP. I WOULD LIKE TO SAY THANK YOU FOR THIS WEBSITE....

Ok, so friday I mailed off my debt validation letter to Asset Acceptance with a return receipt request attached to it. So now I am just waiting for them to respond. I am hoping I get some proof that it was me that used that credit card because over the years me and my father have been getting confused by different people. Also, I heard from a family member that while I was on school my father had a credit card with my name on it (Jr.). What I am trying to do is see when that card was used and base it off of where I was at for that particular time. I dont have any contact with my dad so I cant ask him. I just dont want to have to wind up paying this account due to my father's mishaps. Is there a way where I can get them or the original creditor to track this (i.e. receipts of use)?

The date my return receipt was stamped by Asset was on March 25, 2008. After these 30 days go by and I do not hear anything from them, what should I do?

Ok. Here it is. I come home today and find that Asset Acceptance has sent me a letter trying to collect my debt. Now I sent my DV letter last month. It was accepted on March 25, 2008. The letter they sent me is dated for April 1, 2008. This letter is a settlement letter also but at the bottom it says this is an attempt to collect a debt and any information obtained will be used for that purpose. Isn't this a violation? What should I do??????

asset acceptance llc company always sends out a 1st notice.. you have 30 days to dispute the debt (provide proof) and a vaild dispute.. A debtor is always allowed to call in for questions and for a debt verification after the original 1st notice. Everyone knows weather or not they owe a debt.. it ways on the conscious..

no its not a violation.. legally they have to say that at the bottem of the letter.. (as do all collection companies) you have to call to request the letter not that much of an issue- pick up the phone.. you have an acct number at the top to refrence when you call- at that time they can even tell you if the letter you sent in has been reviewed.. (make sure your address is correct in their system as well) it takes several days for the mail to be sorted and scanned into the system.. asset acceptance deals with billions of accts and is a publically traded company all the letters from asset are drawn up and approved by lawyers that work for the company so you will never recieve a letter thats a violation! if you have further questions a collector cannot answer for you ask to be transferred to the compliance dept. they handle all credit reporting issues.. hope this helps!!

What type of proof do I have to provide? My credit report for the past 6 months that do not show Asset on there anymore. They been sending me letters but at the time I didnt know my rights and how to go about it. I was paying other accounts at the time. The reason why I am doing it now is because I have the knowledge and I have paid out all of my other accounts. The reason why I waited to contact Asset is because they have the highest balance.

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So... How much is Asset paying you to post that drivel?

James, the burden of proof is not on you. It's on them.