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

Researching asset acceptance llc has led me to this forum. Thank you in advance for any advice.
Late last week, I received a prerecorded voicemail on my work phone from AA informing me to contact Travis Taylor to settle a debt. A day later, I received a letter at my apartment from AA stating "now is a great time to pay off my current balace," with all the pertinent details related to the account, i.e... the bank the credit card is owned by, balance, the entire credit card account number, outstanding balance and settlement amount, incinuating I am responsible for the 12k balance.
First off, this is not my credit card. It is a Visa account under the name First Chicago. Secondly, I only moved to Chicago 4 months ago when my company transferred me. I've never even lived in Illinois before. I haven't even changed my driver's license or vehicle tags yet (but that's another story).
**Question... should I call AA and find out what's up and inform them they have the wrong person, or can I just blow this off? No, I have not yet had the opportunity to check my credit report, but I seriously doubt they have my SSN, thus hampering their ability to file any false claims against me in the first place.

I don't think I would take the chance and blow it off, I would contact them in writing and by phone informing them they have the wrong person. And if they insist you are who they are after, then get validaiton of the debt.

Im also a victim of Asset Acceptance LLC.shady tactics...I just recived a letter from them saying i purchased a computer from gateway..and that i owe them 2,300...they are trying to get a judgment against me through something called "national arbitration forum"...I have no idea what that is...I guess its another one of there shady tactics to extort money from people. anyway i have never bought a computer from gateway..and have no idea what they are talking about...im going to contact gateway first thing monday morning i hope i can find out the address the computer was shipped to and who signed for it...please any advice would be great.

I received a letter from asset acceptance llc stating I owed a $853.00 debt to Ballys. I contacted Asset Acceptance LLC by phone and told them I have never had an account at Ballys. The guy was polite and said that the debt was from 1994. I said 1994... this is 2007 not only do you have the wrong person, this debt is 13 years old, way out of SOL.

He said I should file an ID fraud with the credit agencies. I said why? Nothing is on my credit report in regards to this. He said that its been over 13 years and its been removed. I told him that it was never there to begin with and if it was there and has been removed as he says, it was because of the SOL being expired.

I then wote a letter saying that I disputed the debt and requested that this debt be verified to include original contract amount,date of the contract with ballys, a copy of the contract with my signature agreeing to the debt and proof that SOL has not expired. It's been 3 weeks since I received the delivery confirmation and still no word from Asset Acceptance LLC.

I am telling the truth, i do not have or never had an account at Ballys.

Do you think they gave up? If not what else should I do

I live in Tx and several yrs. ago I had a CC with Providian which was not paid in full and now the account has been sold to Assets who in turn is trying to take me to court on a Civil Suit for a "unsecured" cc. What is the liklihood of that happening?

I'm not sure what you mean by "trying"...

They're either taking you to court, or they aren't.

If they own the debt, then they can take you to court. If the balance is a pretty decent amount, then there's a pretty decent chance they'd sue to collect.

If they are threatening you, then you might try sending a verbal cease and desist letter, stating that they cannot contact you at either work or home, and that all further communications will be done through the mail. This will help cut the crap, but make sure you send it return receipt.

asset acceptance one time garnished my bank account for over a thousand dollars. they persisted and also garnished my salary, for over a year now. for the amount they stated, i should be done, however they are still garnishing. i am afraid to call in fear that they may use this against me.

Do you have a judgement against you?

yes. unfortunately on my credit report i have one judgement. i just don't understand how asset can keep coming after me for more and more money. the credit report states 4200, until 2010...what does this mean? and they have collected much more than this amount.

My wife was a single mother in 1991, and obtained a Visa card through Providian Bank. She had a $2,000 credit limit on the card and never charged more than $1,200 dollars on the card. Because she had co-signed some bank loans for a relative, and that relative defaulted on these loans, she was forced to take out bankruptcy in 1996. That court absolved her of all outstanding debts. Then in 2004, asset acceptance llc started harrassing her to make good on the Visa Card. She agreed to pay $50.00 a month which they took out of her checking accout. About three months ago she received a call from them, and was informed that there was only a balance left of $500.00. They told her if she would pay that amount that it would end her obligation on this card. She sent them two installments of $250.00. She never received a statement or any correspondence what so ever acknowledging that the account was paid in full. Three months passed, then she received a call from one of their representatives informing her that she still owed $12,000 dollars on this account. She told the individual that she had paid that account off, and there is now way she owed them anything, because she only had the one card, and she discontinued that card in 1991. I told her to go see the attorney that had handled her bankruptcy case in 1996 and get copies of that proceeding. She came home with the documents and informed me that the lawyer had informed her that when that bankruptcy court absolved her of all debts, that Visa Card was included in that judgement. My question is this. If they had no legal right to persue her for these money's, would she have a legal right to sue them for falsely and erronously persuing her for the last three years. They also put a black mark on her credit report. Can she legally force them to clear this up? I would appreciate your answers to my questions.

You should have disputed the authorization with the bank. By explaining you authorized a one-time payment and not automatic withdrawals, they might be able to do something.

My story is similar to sugarzee. I recently began receiving letters from asset acceptance llc stating they were attempting to collect on a debt with ITT Financial. They are willing to settle the debt if I pay 50% of the amount they are showing that I owe. I do not have any outstanding debts in collections with ITT Financial or any other party.

If Asset Acceptance LLC is a known for fraudulant business practices, what is being done? Anything?

Tell them to go fuuk themselfs have you ever heard of the statute of limitations in most states there 6 years.

I hired a lawyer and I'm suing those scumbags for violation of fdcpa act.They threatened mine and my familes physical well being over a 7 year old 1100 dollar debt.

I am suing them for violation of the consumer protection act as should everyone they try this shit on. Are you people crazy or what this company is no better than thieves on the street

Peter, can you please chill out on the foul language?