We are being sued by Asset Acceptance for a debt we have over paid!

Thanks guest for clearing that up. That makes alot of since.

Sassy...just change your font to a cursive script for your signature

Yeah Paul...I love the "I'm not gonna lie" except for the entire post....lol

Thanks Nascar....That helps.

First off, you can NOT COLLECT on a debt the is out of the SOL, do your homework, second they DO NOT have the right to speak to you in an un professional manner either, i think you need to go back to collections school, or get a real good lesson from the FTC on THE FAIR DEBT COLLECTION ACT!!!!!!!!!!!!!

about 6 yrs ago, i had a membership with some book clubs. you know how these guy are, they mail you books that you did not even order every month. i stopped paying them, the they send me to collection and never paid them. i move to another place and once more they send me to collection but, this time they are reporting negative marks to my credit files.
how could they had gotten my ss# when joining these book clubs only requires your name and no other information?
its that legal?
I just sent them letters to validate debt, let see how it ends up.

To Guest who is writing from personal experience with Asset Acceptance, I have all kinds of issues with your post.

#1 you stated that you had issues with the amount of interest and fees tacked on. Are you aware that they are required to prove that the amounts are in accordance with the contract and/or law. BTW any federal or state law will supercede any contract. They prove this by showing a complete payment history beginning with the original creditor, the signed contract (including all the details of interest charges etc...), what all the interest and fee amounts are. The fee amounts must be permissable by law. This was established by the case Fields v. Wilber Law Firm, Donald L. Wilber and Kenneth Wilber, USCA-02-C-0072, 7th Circuit Court, Sept 2004..

So you just basically caved to them. They have a tendency to tack on a lot more than they can collect so even if you talked them down you probably still ended up paying more. (You really should check out www.ftc.gov and see what even that says specifically about Asset)

#2 You should never give them your account information over the phone and they can't legally tell you this is the only way to pay. That is illegal of them, but they are known for it. You should also never pay with a credit card.

#3 Having it show on your account as paid in full doesn't help your credit score it actually HURTS it for a while by having new activity on a collection account.

Are you for real? Do you know what you are talking about? Or are you a debt collector trying to trick people here--that is what I suspect.

Here's the content of a letter i got from Asset Acceptanve LLc...
Re :__________ (blank)
Bank of America
Client acct# :16 digits (boa a/c's have 12)
Asset Aceptance Acct # :1900****
Balance Due : $407.34

Dear ***********
It is our pleasure to welcome you as a new customer of AAllc.Your account with the above mention ed creditor has been purchased by AAllc.In order to ensure proper credit for any payment it is necessary that all payments be made to :
Asset acceptance LLc
po box 2036
Warren Mi etc ...

Sincerely
Paul Nolan
800-398 -8814
__________________________________________________ _

People i dont have a BOA account with that #,(if it is a bank account)
I dont owe any Bank $407.34...


Lets all call Paul Nolan and let him know that he and his company are nothing but a bunch a TIEF..

Send a Dispute/Debt Validation Request (you can find them posted here) to Asset Acceptance via certified mail with return receipt. They must then provide PROPER validation (and no something on THEIR letterhead with just the original creditor and amount owed does not meet proper validation). Once they sign for it they MUST cease and desist ALL collection activity until they properly validate it. If they continue collection activity after that keep a record of all collection activity and file complaints with the FTC and the BBB. It was my complaint with the BBB that made them delete my account (like yours not a valid debt) with them and stop trying to collect money I did not owe.

P.S. a mastercard (and Asset usually collects on charged off, old and out of SOL credit card bills) has 16 numbers.

I have proof that the debt that Asset Acceptance is now calling me about was settled last year wiat another collection agency. I made a settlement offer with the other agency and paid 60% of the debt. I have sent Asset Acceptance that documentation and with a copy of the posted check. They continue to ignore that info.

Guest, when you say that they continue to ignore it do you mean that they keep trying to collect? Have you sent a validation/dispute letter? Have you sent a cease and desist letter? Did you (if so) send by certified mail return receipt?

You can file an harassment and FDCPA violation complaint with the ftc. You can also file with the bbb. In fact I recommend doing so with the BBB, it was that for me that got Asset to respond with a letter stating they were closing the file and ceasing collection activity (and that is all I needed).

You are really rude. this is why people file Bankruptcy! They obviously cant pay them because something has changed... not everyone is out there just twiddling their thumbs saying oh I think I would like to destroy my credit this year. I don't think I will pay bills. I guess you are able to pay your bills because they pay you to have no morals and be ruthless. you make people feel like they are scum! When really it's the other way around!

If you haven't sent a DV letter, there is a great one on the previous page off this thread.

You can also sue them yourself. Go to "www.naca.net" and find a consumer advocate attorney who specializes in FDCPA violations. The FDCPA rewards the victim $1000, plus reasonable attorney fees and court costs. Document all their violations. Look up the FDCPA and gather up every statute that they violated and make each a separate charge.

Hey, debt collector. I CAN pay my bills. In fact, I don't owe any bad debt, back debt, or whatever. But YOU people keep calling my cell phone looking for someone I don't even know. I've had this cell for over 4 years now. It's obvious that this person changed her number. I try very nicely to tell you people to stop calling me. So what the heck is your problem! This is harrassment. So debt collector, got any advice for me?

I continue to help my GF with the scumbag junk debt buyers ... including Asset Acceptance aka AACC aka AA LLC.

First ... I just got this info today 20 APR 2009. Apparently, within past few months AA has vacated a large commercial office building located at 2840 S Falkenburg Rd, Riverview FL 33578 (Tampa area). This info comes directly from a real estate brokerage company (CB Richard Ellis) ( cbre dot com ) that's handling that address in Riverview (Hillsborough County FL). This is a site AACC has been listing in its SEC filings where they list it simply as "Hillsborough County FL" but with no street address. I believe Falkenburg was AA call center & AA obscured it's physical address for fear of in-person confrontations ... or maybe any mail rec'd there might Not get routed to suit AA ... if so, too freakin' bad. AACC's SEC filings show their other locations' physical addresses. According to the broker today 20 APR 09, 2840 S Falkenburg RD is vacant & available and was most recently occupied by Asset Acceptance.

I did not get a specific date when AA vacated ... broker told me today AA downsized and vacated a few months ago.

Why does AA's move from Falkenburg matter? ... well, if you sent a payment or letter to Falkenburg ... you might want to check dates.

My GF rec'd 1'st dunning from AA in Feb 2008 ... within 30 days her reply w/ don't call and validate w/ proofs and remove any CRA refs until GF in receipt of said validations w/ proofs AND GF disputes any & all alleged debt ... GF's reply was delivered to AA at 2840 S Falkenburg RD via USPS CMRRR ... we have the signed green card. Seems clear that delivery to Falkenburg in March 2008 was well-before 'AA vacated a few months ago'. Bottom line: AA got GF's letter in timely manner but fails to comply with her demands for proper debt validation with proof while AA continues to attempt collection.

GF rec'd a 2'nd dunning from AA about 4 wks after her reply rec'd by AA ... that 2'nd AA dunning had No acknowledgement of receiving GF's timely demand. We did not reply. Then a month or so later we get a 1'st dunning for same account but it's from Northland NGI on behalf of AA. We sent NGI same timely demand via CMRRR also informing NGI that AA had received same demand via CMRR but we'd gotten no validation from AA. Never got anything from NGI. Then AA put Academy (ACSI) collection on it in Feb 2009 ... GF's demand reply delv'd within 30 days same way as had already w/ both AA & NGI ... got nothing from ACSI.

Then, more than a year since AA rec'd GF's timely demand to validate w/ proofs ... here in April 2009 ... GF rec'd another letter from AA (w/ warren MI return) stating AA had reviewed and they will report to CRA as "disputed". AA also included in that letter a pizz-poor excuse for a debt validation ... it's on AA letterhead title "debt validation" and simply shows an alleged original creditor name (a mail order house/credit card issuer) & acct #, AA's acct #, GF's name, last 4 digits of GF's SSN and a large balance. No accounting, no contracts, no calcs ... no proofs ... all of which were demanded in each of the 3 letters delv'd within 30 days of initial dunnings. AA's letter bears no name of AA employee nor signature ... but still demands payment while attempting to collect.

Fortunately, our small county in South Carolina has a link to its Courts where I can see if anything has been filed w/ clerk of court ... I've been looking at it almost daily for about 3 years. GF been lifelong resident of this same SC County ... same physical&mailing address for 10 yrs. Also, there's a 3 yr SoL time-bar to such suits in SC. I also keep a detailed spreadsheet of all letters, calls, mailings, replies; everything! Also have tapes of all calls. Other than to ask why they're calling, we do NOT talk to them on phone period! GF NEVER, EVER talks to em!

I've applied same approach to about a dozen of GF's alleged debts purportedly totalling more than $30K where payment demanded by junk debt buyers.

Frankly, I believe any "real" threat of suit arising from any issues she may have are likely time-barred by SC's 3 yr SoL. We plan to shop soon for an attorney for possible suit(s) against AACC & others of their ilk. We live in my home & drive my cars ... fortunately all of which are paid for ... none related to that above dirty-dozen list either. Fortunately, I don't owe nor does anyone claim I do.

?Q? what has carnal knowledge of its parent, drinks blood, eats sheet & barks at the moon?
A--dogs, werewolves and those agents & employees & shareholders of Asset Acceptance Capital Corporation.