Collection Agencies and Creditors

Palisades Collection, LLC collecting for wrong account

Message

Author

Posted: Fri Aug 17, 2007 6:25 am Post subject: PALISADES COLLECTION

They just reported me to the cr br and i have never recvd a letter or anything. does anyone have an address and couldsomeone please let me know the language to say validate debt? thank you so much

texas mom
Guest

Debtcc Points: 100

Posted: Mon Aug 20, 2007 6:43 pm Post subject: Palisades

Palisades did the same to me over an AT&T account that I never had. They initially asked me to pay $500 to settle a $1544 claim. When I refused, they sicked their lawyers on me. When that failed, they successfully obtained a judgment against me by knowingly sending the summons to a different address with the intent of keeping me from showing up on the court date. I only found out about the judgment when I was applying for a new mortgage. I hired an attorney and took them on and sued. They backed away and promised to clean up my credit record and nullify the claim (for which they never sent me any legitimate documentation to prove that it ever existed - a violation of the law). As of last week, they refreshed their claim on my credit report. I am livid! This has gone on since the end of 2005. I have a pristine credit record and these vultures are involved in creative extortion. I am seeking individuals who would be interested in a class action against their parent company Asta Funding, a public company which is owned by the Stern Family. Any takers? _________________ Register today to encash debtcc points.

Pepper
Guest

Debtcc Points: 100

Posted: Mon Aug 20, 2007 11:09 pm Post subject:

From the website of Bud Hibbs:

Quote:

Quote:
Palisades Collections, Also known as Asta Funding, a publicly held organization worth a LOT of money. Palisades Collections, LLC is their bottom feeder entity collecting on old, worthless accounts. Their up to now good reputation, is being flushed down the toilet with the illegal activity of Palisades.

Purchasing old debts is okay, however the law is quite clear that you must “accurately” report information on credit bureau reports. Palisades Collections apparently is not aware of that law. The complaints we receive on them are for a lot of accounts out of statute, changing the dates of last activity on credit reports and grossly inflated accounts.

This could be construed as an attempt to inflate their portfolios to Wall Street to make them look better than they are, NOT an uncommon practice for a bottom feeder.

Palisades Collections needs to be confronted at every step with demands for debt validation. All of their tainted credit bureau reporting should be disputed; court suits MUST be vigorously defended. Challenge each and every document they file, assume they are bogus and manufactured. Palisades appears to be engaging in a lot of illegal collection activity and credit bureau reporting, they deserve to be sue at every opportunity by consumer law professionals.

Read how these greedy bottom feeders are making a fortune based on the misfortunes of others from their own website: http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=ASFI&script=700

I recommend you utilize the experts at: www.naca.net to go after these deep pocket icons of American enterprise. Let owners Arthur Stern, Gary Stern and Mitchell Herman know what you REALLY think of them and their dumpster diving business.

_________________
Where there are hard working people being harassed or threatened, I will be there. My site: http://anthonylemons.blogspot.com
Avoid these Agencies: http://www.budhibbs.com/coll_to_avoid_list.htm
Contact any government official here: http://www.congress.org/congressorg/home/ Contact any State Attorney General: http://www.naag.org/
Federal Trade Commission: http://www.ftc.gov/

AnthonyLemons
Debt Samaritan

Joined: 17 Feb 2007
Posts: 1825

Debtcc Points: 18434

Posted: Tue Aug 21, 2007 4:14 pm Post subject: I hate debt collection agencies...

They don't confirm their contact information. I get these calls and it's not for me. I have a good-great credit score, no accounts in default, no disputed charges. A simple directory search would tell them that my phone number does not belong to Mr X. They should be required to include the name of the person they are looking for and to check with the telephone company to see if the phone number matches the person they are looking for.

EricInPortland
Guest

Debtcc Points: 100

Posted: Wed Aug 22, 2007 4:04 am Post subject:

Eric if they gave you any name other than yours it would be a third party disclosure violation of Fdcpa.If you do not owe them any money send them a full cease & desist letter certified return receipt mail.Here is an example to go by. http://www.debtconsolidationcare.com/template-cdletter.html _________________ Cajunbulldog Keeping an eye out for consumers. http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809 http://www.ftc.gov/os/statutes/fcrajump.shtm http://www.debtconsolidationcare.com/forums/about216.html Use this letter to protect your rights under the FDCPA myfairdebt.com & myfaircredit.com-Good source of case law in forums.

cajunbulldog
Moderator

Joined: 20 Dec 2006
Posts: 4875

Debtcc Points: 37803

Posted: Thu Aug 23, 2007 11:31 am Post subject: Palisades Collection is owned by Asta Funding (NASDAQ: ASFI)

Here is what each and everyone of you should do: Asta Funding announces quarterly earnings once every three weeks. They are making money hand-over-fist (unethically, mind you). On August 10, they had their "earnings conference call" where anybody (usually it's investors asking about financial details) can call in and speak with the CEO/CFO of Asta (see: phx.corporate-ir.net/phoenix.zhtml?c=116894&p=irol-IRHome). Next time there is a conference call (probably November), every single one of you should call in and air your beefs to the CEO in front of all the Wall Street analysts that have their heads up the CEO's butt. That's my advice. I work on Wall Street

Denise Robertson
Guest

Debtcc Points: 100

Posted: Thu Aug 23, 2007 12:01 pm Post subject:

Thank you Denise for that information, and you are right, people should personally express their past dealings with them. _________________ Where there are hard working people being harassed or threatened, I will be there. My site: http://anthonylemons.blogspot.com Avoid these Agencies: http://www.budhibbs.com/coll_to_avoid_list.htm Contact any government official here: http://www.congress.org/congressorg/home/ Contact any State Attorney General: http://www.naag.org/ Federal Trade Commission: http://www.ftc.gov/

AnthonyLemons
Debt Samaritan

Joined: 17 Feb 2007
Posts: 1825

Debtcc Points: 18434

Posted: Fri Aug 24, 2007 1:48 pm Post subject: help me

IVe been hit by palisades too, but now they have sent it to another collection firm i cant find address for palisades can you help _________________ Register today to encash debtcc points.

wcgllc
Guest

Debtcc Points: 100

Posted: Mon Aug 27, 2007 4:08 am Post subject:

I have found the following adress Palisades Collection LLC 210 Sylvan Ave. Englewood, New Jersey, 07632 U.S.A. Phone: 210-567-5648 Take care Nelly

goodnelly
Debt Samaritan
good.nelly

Joined: 20 Jun 2007
Posts: 632

Debtcc Points: 8494

Posted: Fri Sep 07, 2007 9:55 am Post subject: What did you do

So what did you do when you got the notice? Did you pop on here and start to complain and whine or did you pick up the phone and talk to someone, in a polite manner, to try to determine what was going on? It is very likely that this is your account and the reason it was not paid off at the time of your mortgages was that it was not appearing on your credit at that time. There is no law that says every account you have must appear on your credit at all times for it to be a valid account!

Tomorrow
Guest

Debtcc Points: 100

Posted: Fri Sep 07, 2007 12:33 pm Post subject:

There are laws, however, protecting the consumer of having any negative marks on their credit report, if the debt has not been properly validated. It is illegal for any debt to be reported if it has not been validated. _________________ Where there are hard working people being harassed or threatened, I will be there. My site: http://anthonylemons.blogspot.com Avoid these Agencies: http://www.budhibbs.com/coll_to_avoid_list.htm Contact any government official here: http://www.congress.org/congressorg/home/ Contact any State Attorney General: http://www.naag.org/ Federal Trade Commission: http://www.ftc.gov/

AnthonyLemons
Debt Samaritan

Joined: 17 Feb 2007
Posts: 1825

Debtcc Points: 18434

Posted: Wed Sep 12, 2007 5:03 pm Post subject: Palisades Collections

These idiots are a joke. I have simply had enough and have decided to file federal suit against them.. The Charged off account has been sold so many times, that I don't know who owns it... but I do know that they do not have the legal right to put it on my account as though it is a brand new account and I owe 18,000 on it. They make the account appear as though I just opened this account in Feb. The account is almost 7 years old...

Realtor in GA
Guest

Debtcc Points: 100

Posted: Tue Oct 09, 2007 12:41 am Post subject: Re: Palisades

After 7 years of battling an AT&T service fee in which I did not contract for, nor did I have any knowledge it existed under my name, (the first time I ever knew there was a cell phone number existing in my name was when I received the collections documents); I gave up today. They took my money agreeing to not report it to the credit agencies. I still don't think it was a fair exchange but I grew tired of the run around. The first woman I spoke to was a nightmare to deal with, she would not let me speak and just berated and tried to belittle me while trying her hardest to insult my intelligence (not very good negotiating skills, but her comments make for good stories later). Then I spoke to her manager, easier to deal with but did not seem to believe a word I said regarding not knowing about the service, so I just paid the massive bill to make it go away. I finally gave up!

I gave up!
Guest

Debtcc Points: 100

Posted: Tue Oct 09, 2007 12:21 pm Post subject:

7 years? The statute of limitation on that debt was well over its death date. _________________ Where there are hard working people being harassed or threatened, I will be there. My site: http://anthonylemons.blogspot.com Avoid these Agencies: http://www.budhibbs.com/coll_to_avoid_list.htm Contact any government official here: http://www.congress.org/congressorg/home/ Contact any State Attorney General: http://www.naag.org/ Federal Trade Commission: http://www.ftc.gov/

AnthonyLemons
Debt Samaritan

Joined: 17 Feb 2007
Posts: 1825

Debtcc Points: 18434

Posted: Tue Oct 09, 2007 1:20 pm Post subject: Palisades Collection

I paid a collection with Palisades in February of 2005; however, they are still reporting it on my credit??? It is being reported as paid, but since it is closed why do they still report it? _________________ Register today to encash debtcc points.

aecfac
Guest

Debtcc Points: 100

Posted: Tue Oct 09, 2007 6:45 pm Post subject: More AT&T Goodies via Palidsades

Received a letter today requesting $301.25 for an unpaid bill dating back to 2003. The supposed documentation was so convoluted I got dizzy trying to follow it. I saw this as it was, an obvious attempt to confuse. The letter stated that they were "in receipt of your request for validation of this debt. Enclosed you will find the requested documentation." Color me stupid but I am not going request this stuff from anybody, begging to pay a debt I don't owe. I pulled all of my statements for 2003 and was not surprised to see that each month I had a balance of zero leading into the next billing cycle. The thing that made me suspicious was that their letter listed an address in Bethelem, PA. and had permits in North Carolina and license on New York while advising that information about the Fair Debt Collection Act was available in Colorado at yada, yada, yada. Anyway, this is the first I have heard from Palisades Collection and I hope the last. Looks like they are vultures in search of a carcus. Several years ago I paid a bill from MCI that was not owed (multiple months of billing so the consumer had no clue where he stood) and look what happened to them. Thanks to everyone who wrote, it gives me some insight. Class action lawsuit? Let's do it