Asset Acceptance Complaints - Know more about them

they are currently trying the same thing with people in the us as well!

I am being hounded for an account that they had bought from some other agency that was settled as part of a personal injury law suit back in 1990. I have disputed this with them and they still hound me for payment. Today they had the nerve to send me a notice stating that they would accept 50% of the original balance, and that I should consider using my tax refund to do so. How do these people know if you are recieving a refund or paying uncle sam?

I would love nothing better than to see these people put out of business, and would be one of the first in line to file in a class action siut.

Joss

Do you have any documents of the settlement you have mentioned here. You can produce copies of the original papers to show the account is settled already.

What type of debt is it? It seems you have paid it in 1990 last. So the SOL of the account is supposed to have expired already. In that case, you can deny paying it. Keep us posted.

I have a question. I am being sued by these people from bally total fitness. I have cancelled my account with them years ago (6yrs). They said they have no records showing this and I called asset acceptance for a copy of my file amd they said they gave it to their lawyer. I don't understand? What should I do where do I begin.

Mrs. Minervini,

fdcpa gives you the right to ask for some written documents. Send your request through CMRRR. Once they receive this letter, they must validate the debt, otherwise they cannot start collection activities. If they cannot validate, you need not pay them.

Now, have you contacted the original creditor? It would be of much help if you can show some proof of canceling the contract. Anyway, you have said that you dealt them 6 years ago. Do you know the statute of limitation of your state? If the debt is past SOL, no legal action can be taken against you. Do let us know if you need any more information.

man, this company is UNREAL. They have an entry on my Experian CR. They called me once, and explained to me that the account was mine, but it is in a different name. Thomas Pachelli or something like that. It's odd, however, that my Bally account is still active. I was in the gym the other day. Bally's corporate HQ has been no help. AA wants me to prove it's not mine... My response was to prove it's not YOURS. You can't prove a negative... GEEZE! It makes me want to drive out there and stuff sweaty, smelly, raunchy socks, which I wore while using my "active, in good standing" Bally account, down their collective throats until they dry heave themselves into a cold sweat. What is it in a person's personality that makes them become a collection agent? Was it poor parenting? Parental molestation? Perhaps just plain bad manners...

Guest--We can't lump all collectors into one category..They're not all so bad. It's just the select few that makes us want to pull our hair out.

I'm sure it was a lack of other employment available that made most of them become a collector.

Asset Acceptence will try to pull the wool over your eyes, but just stand firm with them and they'll back down. I'm dealing with them as well. I had educate my lady on the fdcpa rules on calling my home after I say NO by sending her her very own personal Cease and Desist letter...

Jessi, I suppose you are right. I don't really mind being harassed if I owe the money. But when the clown on the other end of the phone tells me it belongs to Thomas Pachelly, and my name is not even close to that, it kind of irks me. ~~

That's when the debt validations comes into effect. Don't give up until they give it to you.

All of you that are complaining about past due bills just need to shut up and pay them, dont sit there at home and type on your computers that you need valadation just be a man or woman and pay them. You know that they are yours, oh and for the record it doesnt matter if it has been over 5,10,15 or 40 years if you bought something and didnt pay for it then you still owe it! Dont be a dead beat debtor oh yea "this is an attempt to collect a debt any information we obtain will be used for that purpose."

Go away! Quit bugging us and making us laugh so hard we bust a gut.

I can see that Iola has little respect for Federal law, statutes of limitations etc.

What is the problem with sending a validation? It is really difficult to understand if I am getting the call from a legitimate company or not and that is one of the reasons most of the debtors ask for validation. Why should I pay to a person who I don't know? I will always ask for validation.

There is no problem with sending validation the only problem is that the debtor cliams that the validation is not legit, that is just a 30 day window for most debtors to think of another lie or stare at the calendar hoping they wont recieve a letter in the mail. I work in the legal department of a well known collection agency, and i know every states statute of limitations most states are 10 to 15 yrs, it only stays on the credit reports for 7 yrs just thought you might want to know mwtn.

Indeed I already know Iola. But you are incorrect about SOLs. Few are longer than 6 years on items such as credit card accounts.

I would like to refer you to your employeers code of business conduct media.corporate-ir.net/media_files/irol/14/148416/corpgov/conduct06.pdf

I would also remind you once a bill has passed its stautory limits, any legal obligation to pay ends unles certain actions as outlined by law re-start the SOL clock ticking. Asset Acceptance is one of the worst offenders of the fdcpa, and will stop at nothing to trick consumers into restarting the SOL on time barred accounts.

Why is Asset Acceptance suddenly so interested in this forum anyway?