Asset Acceptance Complaints - Know more about them

I open account with Bally's back in 2001 thinking it was a month to month. Stop going and talked to facility director he said he could not help because I had signed a 3 year contract. Spoke to district manager and no help there. I called corporate Ballys to place a complaint with that facility and how they lie to the customers about their so called month to month plans. They tried to collect up until nov of 2001. Then allied interstate took over in April 2002 and I sent a letter of dispute. It stop for while then in Feb 2004 I got another letter this time from Financial Credit LLC. I sent another letter of dispute. Ever since then I have been receiving letters of offers to pay 1/2 and be done with it by Asset Acceptance. 4 months they called me at work and told them never told call me at my place of work again. I just got credit report it from Trans Union and Experian and they both first report as of January 2004 is this correct? I would think it should be back end of 2001 or April 2002 when it was first placed with Allied. If so I should be safe within the SOL to recover in the state of Texas. I thinking of buy house in the future what is the best plan for solving this issue?

Thanks for you help
RM

RM, it sounds from everywhere that allied interstate purchases all the files from Bally's fitness. Most of them are disputed or run out of the individual state's SOL. In Texas, the SOL is valid for 4 years. Check your last payment date to confirm whether you are still within the legal collections. If no payment has been done within the SOL timeframe, send a cease and desist letter and mention the expiry of the SOL. The CA will legally need to stop all collection attempts on you. Know more on Allied Interstate and their illegal collection tactics here.

http://www.debtconsolidationcare.com...nterstate.html

PassionHunting,
Thanks for the prompt reply. The current problem is not allied interstate, it is Asset Acceptance they took over the account for the past year or so. So let me get this clear my delinquent debt is based on the last time I payed Bally's or the first time it was put to collection? Guess better understanding of this will let me know where I stand with the SOL.

It's from the time you made your last payment-check out this http://www.fair-debt-collection.com/SOL-by-State.html Hope it helps...Karen

SOL is entirely calculated from the date of last payment activity. If any collection agency says that the SOL renews from the date of reporting done by them, they are misleading you to get a small payment from you. If a small payment happens on the account, the SOL will get renewed and this is what is intended by the majority of the collectors.

File a complaint with the FTC against Asset Acceptance and the credit bureau that are trying to keep inaccurate negative information in your credit report. Put the same complaint with the attorney general of your state. Here is the link to file the complaint with the FTC.

PassionHunting thanks once again for the info. I just checked my records and the last payment was April 2001. So the SOL has passed on my debt correct? So now I should call all 3 credit agencies and place dispute against Asset Acceptance based on the fact they have the wrong the date for my debt and that my debt is past the SOL. Then send a cease and dessist letter to Asset Acceptance(copied the template from another forum here). Thanks once again

Your move sounds right. Asset Acceptance will be required to remove the negative info if they have hit your file incorrectly. Accurate negative information stays for seven years. Know your legal rights and get rid of Asset Acceptance.

I'm being sued by LLC assett acceptance from bally total fitness they are even garnished $250 out of evey paycheck. they claim I owed them $3350.00 plus legal court fees. I cancel my memebership within 30 day trial but ballys has no record. I move from NY to FL and I can't find my record I don't know how to prove it. please help. I'm a student trying to pay school loans. my email is email address removed as per forum rules - Mike
if you have any information please I would greatly appreciated.

I agree Mrs. Robinson. I am dealing with them now-
I have a couple irons in the fire and will be sure to post here if anything transpires. I am currently in the discovery phase and would appreciate any advice anyone can offer. They violated section 809 and 812 of the FDPCA. Haven't checked my cr yet, though I will do that soon. Also filed complaint with ohio attny general.

i've received a letter from Asset Acceptance, LLC stating that i owe 811.00 for an account that I had almost 15 years ago. I've called twice and eachtime the officer has made me an offer of a quick payoff of first, 410.00 and then the second time i called,the officer (different from the first) told me i could pay it off in one quick 350.00 amount. I have always had good credit. i don't know if this credit balance is legit from all that time ago. I MAY have had a balnce of 100.00 on an account 15 years ago - but i never recieved any collection account bills in all that time. What do you recommend?

I read every single post on this site. I decided to share my story. This collections agency is the worst ever. My husband and I claimed a BK in 1996. Within that BK an amount from a cirut city credit card with the total of $400. Which was accepted into the BK. Years later...in 2005 we were on our way to buying a home, our first. So I pulled our credit report and signed up for monitoring so I could be on top of things. Saw this company with a debt marked $1200. I wondered who the heck I owed this money to and why wasnt I contact. I contacted AA myself to find out. This is where my trouble began. I argued with the CSR over the debt about the BK. The woman on the other end called me a deadbeat, that only deadbeats claim a BK. I also asked for VALIDATION of the debt (I have done collections in my lifetime) She said to me she didnt have to give me any validation. I basically outlined the law and asked to speak to a supervisor. I outlined to the other person which claimed to be a supervior, about the BK and that the $400 was null and void. He still insisted I owed the debt of $1200 because of interest. I told him that he cannot tack on interest on a dead debt. That I refuse to pay. The conversation ended..

Next couple of days I get email from credit monitoring not only did they put multi entries 3to be exact with different amts within $50 of each other. They claimed I paid $5 to them on one of them. I never made any payments. On top of it they put an inqury on my credit report. ALL HAPPENED ON THE DAY I SPOKE TO THEM REFUSING TO PAY. Also in the mail I got a laughable spreadsheet in the mail from AA that had thier name on it with circuit citys name and the amt of $1200 on the top in big bold letters the word VALIDATION...which doesnt count btw there is no accounting on it nor is there any other transaction information.

I was worried that I wouldnt get my home. I did, but not without having to write a letter about the entries to the bank who was doing the loan.

I got the credit agency to finally delete the entries after I moved into my home. I thought it was over until last week I got a letter in the mail from AA with a new amount of $1347. Low and behold they are back on my report.

I am going to talk to the original creditor (Circuit City) and get them to confrim the debt on thier end as well as gather my BK paperwork. I have had it with these people. I am also going to write AA to give them one more chance to stop. Then if they dont I am taking them to court.

Dont take it from them they are clearly breaking the law.

AA had a ballys account on my credit report in February of this year. It has been removed and I still have copies of my credit reports from Equifax. AA says that every month a 15% charge is added to the balance. I asked them who's adding it them or ballys? The woman said Ballys. But when I spoke with Ballys they didn't say anything about it. The woman sounded confused about that part of the fee.

I am currently being bothered by Asset Acceptance. They have a listing on all 3 CRAs, with different estimated dates of removal. Recently, I disputed with Experian, and they changed the removal to 2010. I have sent a dispute to Asset and will soon send a letter of FDCPA/FCRA violations. I am going to demand that they remove the listing and compensate me for damages. I have also sent a complaint to Experian for allowing the date to be changed.

Call your local attorney Generals office. Keep all communication in writing. If you are in the right. Once you ask for validation .Debt collection will stop.

Let them know they are attempting to collect a debt from the wrong person or sol has passed.

About two or three years ago I got a letter in the mail from Asset Acceptance wanting to collect some 9,000 dollars for some account with the First National Bank of Omaha. Well heck I had never heard of the bank nor have I ever had any kind of account or credit card with them nor have I ever up to that point asked to even pay a bill for any account of that name. So I call up Asset Acceptance and explain the situation and the person I talk to looks at my credit record while she is on the phone with me and says yeah your record is clean I doubt this is your debt and we will get it taken care of.
So I think great then about 6 months later another letter shows up and I think to myself you know if they are to dumb to figure it out and can't do their job why should I waste my time doing it for them so I just throw the letters in the trash. Well finaly after about another 6 months of letters they call me up and I talk to another rep and I tell that person the same stuff and they do the same thing look at my record and say yeah this doesn't look like your debt we will get this taken care of for you.
Well another several months go by then suddenly the letters start again. And once again I figure hey I'll let them waste all the money and time they want to waste pursuing this dumb endeavor so I just throw the letter in the trash.
Well finaly this last week they call me again. I tell them the whole thing covering the last two calls then while the person is once again confirming that the only unpaid debt I have ever had appear on my credit report is this stupid 9,000 dollar debt that I have never heard of I ask the person so when did this supposed account get opened and what was the address of record for this account. Well they tell me it was opened and paid for from 1989 and paid upto (I think they said it was) 1998. Well heck I tell them I didn't even graduate High School until 1988 and my wife and I didn't even get our first credit card until 1993. Then they tell me that the record of address they have is for some address on Baltimore Street (funny they were not willing to give me the full address I guess they don't wont figuring out who actualy owes this money) and then they told me the next record of address was for the street I have been living on for the past 10 years. Well then I inform that I have never in my life ever lived on a Baltimore street (and for that matter niether has my wife) So once agian the person agrees that they don't think this is my debt and they are quite sure they will have this taken care of by the end of the week.
Well today I get a letter in the mail saying they understand I am claiming fraud???? I am doing no such thing I have never even been billed for such a debt why would I file a claim of fraud over debt that I never even had until Asset Acceptance suddenly decided to send me some random letter wanting to collect money from me. I mean if this First National Bank of Omaha had even once sent me even just one bill trying to collect (I mean after all according to Asset Acceptance my address was recorded as the billing address) then I could see that they would have a case for wanting to collect on a debt that they purchased. But how in the heck can a Debt collecting company collect on a debt that never even existed before they bought it? Their insane as far as I am concerend and I will meet them in court if they want any thing more from me