Asset Acceptance LLC - Consumer complaints and ways to deal with them

I was sued by Asset. They are having money garnished from my check at work. They claimed taht I owe 9,500.00. They went to court and file a claim on me and did not notify me.When I found out (through my employer of course)I called them to find out how is it that I was not aware of this law suit against me. The rep told me that they delivered a package to my address. I ask her to verify the address with me, she gave me an address that I lived at about 10 years ago, which was an apartment complex. She said someone took the package and told them that they knew me. Which was a lie. Now, if they file a suit to the court without notifying me, but claim they did. I will not know I should be in court and the Judge ruled in their favor. These people know that chances are you can't afford an attorney, which is why they do this and think that they can get away with it. Now they are taking out 300.00 every 2 weeks. leaving me with 48.00 to take care of my 2 young kids. Can you please tell me what I can do.

VERY UPSET

Please tell me what I need to do

I have a family member that is part of this company and I do not believe that this company is unfair as stated. I do know I will be getting heat about this, but there are some things that are not being explained properly. Asset Acceptance isn't the company you should be getting angry at. They get your bill amount from the company the smaller company and get paid upon collecting. I am not going to say that each collector is nice, b/c each has their own way of collecting. This company is a legit company and just want to collect the sum of money that is outstanding so they can be paid.

Concerned01, unfortunately there are some collectors who use illegal tactics to collect debt, it is unfortunate and they give the other collectors who work for the company a bad reputation. I'm sure your relative isn't one who uses such tactics, but like I said, unfortunately it is those collectors using the illegal tactics which make the rest look bad and make people not to want to even deal with them.

Very upset, how do you know it's a lie? That someone signed for something meant for you at a previous address? Did you go over there and find out if that person signed something for you?

I'm sorry that it happened to you. My suggestion would be to call them and explain to them at how you are unable to afford to pay back the debt at the % they are garnishing your wages at. I forgot what it is called but they can send you some papers and you fill them out and send them back copies of your bills ect to show that you are unable to provide at this % to get it reduced. I don't know if they legaly have to do that but it's worth a try.

who is Asset Acceptance? What do they do, I have a garnishment taken out of my check and all I am getting is the run around; nobody can tell me who it is or what it is for. I don't even know what its for.... I'm frusturated and very P.O. What do I do at this point?!!!!!!

HELP!!!!!!!

You are saying you don't know about the garnishment done by Asset Acceptance. They are a collection agency and it sounds that they have got a judgment against you. If you dispute the accuracy, contact the CA in writing and ask them to verify it. Send a copy of your dispute letter to the credit bureau so that they can also do their investigations with the CA

I checked my credit report and there are a few things there. One is asset accept of less than 300$. I know that was on of my debts and I would like to contact them in order to pay it off. I don't know if they will work out a payment plan or not but since I saw this add I thought I might ask you what I should do..Thanks for your time.

Regarding your debt, the debt of last activity in this account is 12/2000. In which state did this account originate? I wonder it might be out of the SOL period. On such circumstances you can't be forced to pay it and can't be brought under any legal actions.

If an account has reached SOL does CRA have to remove it from your CR?

Go to FairDebdtCollections.com and you will find all the info you need to dispute and stop these collection actions, including sample letters. It worked for me.

I have had several letters from same company come to my house for $934.68 but could be paid in full for $467.34. first of all they do not say what it was for
and second of all the name on it is not mine and i do not know the person. They must really think some people are super foolish.

Hello everyone. My dad recieved a letter from Asset Acceptance stating that he owes $6,637 dollars from a Home Depot/Citibank account. But my dad has never opened a Home Depot account.

I wrote to them and requested a validation of the debt. I received a letter and it has the account number and my dad's SS# with his phone and home address. It stated the date of the last transaction which was in 2004.

No other information was provided. Like a copy of a signed credit application or itemizations.

We also looked up my dad's credit history report and there is no Home Depot or Citibank account on it at all.

What should I do now? Should I call Home Depot Credit sevices and see if I can get information on the account?
I know nowadays some people can even look up your SS#, so I wouldn't be surprised if Asset obtained my dad's SS#.

Asset can obtain any information they want on you and claim you owe money.

WhatNow

Certainly! You should get the debt validated by Asset Acceptance. Or, they may say that they have sent you a letter, so that already validates the debt. In that case, you need to dispute their debt validation within the 30 days from the date of receiving the letter. Write a dispute letter explaining your point and request for correct information from the credit company. You can also contact the creditor for the same information. Keep a check on the credit report because Asset will try to enter derogatory remarks in the credit report. If it happens, the credits scores will go down for wrong reasons. Do all the communication in writing to have enough proof in case Asset Acceptance threatens you with a court date.

asset acceptance llc took my tax refund and never send me a receipt letting me know that had received it and will not send me a receipt for any moneies that I have send them. I was told by one of he employers to keep my own records. When receiving money for a bill or whatever you are to gt a receipt right?

My credit report shows this company with claim of SBC debt on me with a phone number in a totally different area code where I lives by then. I have nothing to do with that number. This was happened some twenty years ago. I contacted SBC, now ATT, they said they have no records at all. So, to put the matter behind me quick, I ask them for the amount they want from me so they can clean up my credit report. A man said I need to wire 50% of the claimed amopunt to a Western Union account in Texas, by the name of Asset Mission, not the asset acceptance llc, the name shown on my credit report. I feel something fishy here! I asked for the proof of their connection and letter of intention to remove it from my credit report upon receiving the wire. The man said "No. You have to trust me!" Asset Acceptance LLC is in Warren, Michigan according to Wikipedia. This wire account is somewhere in Texas. What is the proper way to get them off one's back?

I filed this with the Kansas Attorney General
This week I received a letter from asset acceptance llc. The letter informed me that I had a past due amount of $208.66 from an account with GE Capital Credit Corp. The letter goes on to inform me that they have purchased and now own this debt.

Since the account number or credit was unknown to me I contacted the “Debt Collector” listed in the document. I contacted the listed phone number on 9 Jan. 2007. The person told me on the phone that she was an associate of Jory James and she would help me. Below are highlights of the conversation;
· She asked for the account number with Asset Acceptance LLC, and then asked if these were the last four digits of my social security number. They were correct.
· I inquired as to what the account was since I am not delinquent on anything. She refused to give me that information, however she did tell me that this was a debt that I had since 1986.
· She went on to tell me the company had been trying to collect on this debt every since that time. FACT: I have never received a bill on this “debt” in the past twenty years.
· She also said that this debt is included in my credit report as an outstanding debt. FACT: I printed my credit report yesterday (10 Jan. 2007) and there is no debt that is behind in payment or in collections. There also is no debt reference associated with GE Capital Credit Corp. I do have a current debt with GE Money Bank of $822 that is current and all payments have been made.
· This person stated that I took this credit out at my current address in Kansas in 1986. FACT: In 1986 I was in California and had never been in Kansas in my life. Furthermore the address I live in now was a soybean field in 1986 and the house was not built until 1999.
· I also told the person on the phone that I had filed for bankruptcy in 1987 and all credit I had at the time was included.

I requested the name of the person that I was talking to and she refused to give me that information. I then requested to speak to her supervisor at which time she hung up. I do not believe that this is a debt that I owe and believe this is some sort of extortion.