[LCW]

From Bud Hibb's Website

SUPERIOR ASSET MANAGEMNT HAVING PROBLEMS?? Here is an organization that appears to be in BIG trouble. Consumer complaints have increased dramatically in the past few weeks that their phone numbers are being changed and calls not being returned. SAM owner EDDIE NEWTON KING, 51, of Fort Walton Beach, FL must still be dizzy from the hurricanes as it appears that he has lost control of his agency. His erratic behavior and inability to respond to consumer complaints are the makings of future lawsuits. Eddie is certainly no KING to this business, his reputation as a debt collector is as tainted as his business practices. Eddie may find we will have to resort to giving out a LOT more information on him and wife Deborah if he does not get control of things. Superior Asset management employees have a disgusting attitude that will only make things worst. Consumers are urged to hold onto their money and consider lawsuits against Superior Asset Management when their rights are violated. That includes what s being reported on your credit files. Eddies and his accomplices CAN be held accountable for their actions and I know the attorneys who can do it. Let's let Eddie Newton King knows that his disgusting collection practices are about to end, contact me for assistance.

[ben]

Superior Asset Management has been purchasing old debts from T-Mobile. They might be having a close affiliate system. Superior will contact you about some debt purchased from T-Mobile. When you ask about the account info, they will be reluctant to give you anything. When you contact T-Mobile and seek information about the accounts, they avoid stating it to be against privacy rules.

I hope if Superior Asset Management is shut down, T-Mobile can also be targeted for shady business.

They have listed a false date of last activity on my credit report, which is very illegal. The last date of activity was in April 2001, and they put Sept. and Oct 2004 as the last date of activity. I am thinking about filing a lawsuit against them. The was an old Voicestream account of mine that I had disputed with VoiceStream, and had not paid because they were bogus charges. This had never been on my credit report until Superior Asset Management, Inc.falsely added it. They can no longer legally collect the debt, as the statute of limitations has passed, and they haven't called me or sent me anything since before it showed up on my credit report. When I first noticed in on my credit report I left it alone, as the statute of limitations still had about 8 months left on it, but now I am ready get it removed. I am sure I could simply ask them to remove it, but I am pissed that they think they can break the law and get away with it. Maybe I should complain to the FTC and get them fined.

[NASCAR_Devil]

Date of last activity is really irrelevant in the grand scheme of things. The important dates are the DOLP and DOFD. Date of last payment starts the SOL clock and Date of First Default start the 7.5 federal reporting period. Unless you live in WI or MS, they can legally attempt to collect the debt until the debt is paid they just can't use the threat of legal action (they can sue and hope you don't show up in court but you have a affirmative defense, SOL, to the suit). From what you're describing, you don't really have a cause of action to sue and 1 complaint to the FTC will not likely result in even a slap on the wrist.

From the dates posted, I would think that this is past the 7.5 years from DOFD and therefore you should be able to dispute Superiors tradeline as obsolete.