I received a letter from Asset Acceptance stating that I owed $8362, but because it is "spring cleaning" time, we will "....settle for $3500 !"
HUH ???!!! I don't know this debt, have never incurred this debt, but, as so many others have stated here, it too is on MY CREDIT FILE !!! Is the attorney's office next?

My husband has received numerous letters from Asset Acceptance regarding a SEARS bill - of which he NEVER had. We have sent them numerous letters stating that the account is not his AND if they further believe it is, than send proof of his signature on an application. They have not complied. They just continue sending these stupid letters. With whom in the US government do I complain about this company and their fraudlant behavior? The allegded account with SEARS is Not on my husbands credit reports

paying a creditor doesnt remove it from your credit report. if you owe a debt, than it is supposed to be on your credit report. if you pay it, they put in a note that shows it is paid. after a certain number of years [7?] the debt should no longer appear on your credit report. save your receipts and returned checks.

[ramj70]

Some of these people have debts on their reports that shouldn't be there though and they should be removed. I know, I've had it done to me and it was a pain sometimes to get it removed.

yes, very true
but the credit reporters don't make it easy either
your best defense if getting a company to send a statement that says you don't owe or don't have an account with them
or to show the person who owes isn't you (wrong address, stuff like that )
or to show the account was previously paid
if a collection agency is involved, work with that agency and demand that if you are not the person they are seeking that they request removal of the information
the collection agency would want to report the actual debtor, not somebody with the same name, in this circumstance a collection agency may be helpful

the problem is when you are who they are looking for
the best route there is the creditor , make the original company fix it- and get you out of collections

but, if you owe the debt.. they will not cooperate

I am trying to clean up my credit so I got a copy my credit report and there is somthing on there that says I owe $1496.00. All It says is asset acceptance llc and that its collection factoring company windstream communications FKA...does anyone know what this is? I have never racked up a bill for anywhere nere this amount. Any info would be greatly appreciated.

is it legal for asset acceptance to put a lean on your accounts without them giving you any written documentation.

Asset Acceptance has taken my property taxes two years in a row.Now they are putting a judgment against my home. How low can you go. They do not have feelings for anyone but themselves regardless of what you have to say. getting your money is on the top of their list.There should be a law against people who insist collecting for someone. They will not even provide you with information just want your money.

[Law Student]

I would urge persons to not only compain to their states' Attorney Generals' offices, but also to the Securities and Exchange Commission. I might be mistaken, but I believe that Asset Acceptance is a publically traded company.

[jerzeegirl3]

would like some advise as to how to deal with garnishment of bank acct
[b]asset acceptance[/b] has cc acct I defaulted on back in 2000 from providian visa...they froze all funds in my acct and my son's acct since my name is on it also with no notice until after the fact and no money to pay then in full...they have judgement against me for amount own $800 and there fees total $1800... They are now making a $1000 from me for an $800 debt...now they will not accept payment arranged with rep from asset for $1300 til they get paperwork from bank and are also disputing that rep made this arrangement and want full amount...supervisor is listening to call and will call back to verify but no c/b yet ...well I already rec'd my copy of answer from writ of garnishment from bank why did they not...I feel they are scamming and are very rude and unprofessional to deal with and afraid to pay thinking will still come after me for bal if not pay full amount...any help

I got this letter from the same collection company as everybody else here today, thats why I am online searching anybody esle that got scam from these wackos. I do not know in God's name how they got my phone number and my address and how I ended up oweing 600 bucks even though I am a minor, for crying out loud I am only 16 years old, I smell something fishy going on here. I have not called them yet because I want to catch them sliping, so I am going to wait intill they call me so I can drop the bomb on them and maybe even a lawsuit.So I want to leave off with a question to anybody that can answer it. Do these kind of scams happen when somebody gets a hold of somebody's SS#? because this looks like this may be the case for me.

[Bossy4455]

Guest, I'm not sure how these crooks do it, but they do. If you thik someone is using your ss#, you need to report this as fraud. You can write them a letter, keep a copy, and ask them for debt validation to prove it's your debt. In the letter, be sure and state that you ar a minor, in fact, I would have a parent do this. My youngest son got caught up in something of this nature, and I wrote a really nasty letter to them about him being a minor, and how I expected a letter from them saying that he didn't have, never had a debt from them, or I would talk to an attorney and follow suit-they did!

I wouldn't talk to them, you will get no where with them on the phone.

Have you checked your credit reports yet? At annuanlcreditrepots.com, you can get a free one from the 3 bureaus once a year. Check and see if they have reported this on your credit. You also want to make sure no on has done an identity theft on you..Good Luck-Let us know what happens..KAren

My husband also got a letter from Asset Acceptance for a debt that was taken off of his credit report several years ago when it could not be validated. A look at his credit report shows that it is sure enough back on there! These people started harassing me on my cell phone when my husband insisted to them that the debt was paid in full some time ago. I verbally requested several times that they not contact me about this matter, as it was a matter that was resolved before my husband and I were even married! They continued to call, and I finally sent a written cease and desist! My husband continues to be harassed by them.

Hey everybody, today I got a letter from this company climing I owed a large amount of money, however, I have no idea who it is that I;m suppose to owe and they aren't providing me with anymore information. They told me that if I wanted to know more I could speak to theattorney who would be having me summoned to court......Hello??? For What and To Who???

Anyway, while I was reading all of you guys comments, I hada brain storm of an idea, why don't all of us get together and contact CNN regarding busting this fake company and evryone share their story with the world, maybe this will make this company be exposed and then they will have to pay all of the people they falsely accused or sent theough unnecessary changes. So what do you guys think? CNN is known to expose crooks like this Asset Acceptance, LLC company.

Love to hear some feedback.

Thanks,

SW

I have a 2003 debt from citibank visa - I was going for a securities license and pulled a report so I could clean up my credit. Visa said they no longer held the acct and asset acc did. I never heard from them , just their lawyer. He told me I had to pay and he didn't care what my story was. the debt was 11,5K that was written off and aac says the debt is 27,5K. I asked for proof but did not send a letter. they told me if I did not pay 22k they would see me in court this was february - I just received a summons via mail as they claimed they have tried to get a hold of me and this is the frst time but I have a court day next week - what do I do? I just make a bit over 28K and can not afford this as I also have to pay child support - what do I do?????

[SubiGirl]

We just sent of a DV letter to these folks for my husband. They are harassing him for an account that is already out of SOL. Some of these stories have me a bit worried! I hope they don't try underhanded tactics to get a judgment against my husband and put a hold on our bank account! Sure, the account is out of SOL, so we have a defense...if only we actually get a summons! They haven't used the lawyer tactics on my husband yet over the phone, but I am afraid they may not be happy after getting a DV letter. They are bugging my husband about a Providian account from back in 2001. He already did the DV thing with the last group that claimed to own it...they couldn't validate, and the thing was removed from my husband's credit. Now, Asset Acceptance has put it back on there. My husband is sure he paid Providian off, but unfortunately, he was very bad at keeping track of stuff before we married just over 5 years ago.