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how much do collectors purchase our accts for?Asset MgmtCorp

Date: Tue, 07/01/2008 - 14:09

Submitted by anonymous
on Tue, 07/01/2008 - 14:09

Posts: 202330 Credits: [Donate]

Total Replies: 3


I had an atty contact me with a grossly inflated amount from an account that might even be out of the sol. I have always wondered as i try to deal with some of these scumbuckets, they are just so rude, how much they actually purchased my acct for? Like if it went from creditor, to collection agency and then a lawyer? i have some that switched hands a few times and i have tried working with the original and then collection agency but their demands i could not meet. Nowone company that was seeking a judgement for 2,000 was Asset Mgmt Corp. Anyone know anything on them?


someone should be along to advise further,but i would send
a DV AND C&D letter.send it certified mail return receipt.
if they filed a case against you,show up and request validation
during discovery.


lrhall41

Submitted by paulmergel on Tue, 07/01/2008 - 14:14

( Posts: 15514 | Credits: )


This was the only Asset Management I could find from Bud Hibbs:

aka / Asset Management Outsourcing Recoveries, Inc. AZ Corp
fka / NATIONWIDE RECOVERY SERVICE, INC

HEAD DEBT COLLECTOR:
Tom Oliver, President & CEO
Other Offices:
4425 West Olive
Glendale, AZ 85302
Phone: (623) 934-6800
Fax: (623) 934-6842

215 2nd St NW
Cleveland, TN 37311-5014

3120 McDougall Ave
Everett, WA 98201-4433

401-A Pilot Ct
Waukesha, WI 53188-2439

7001 Peachtree Industrial Blvd, Suite 320,
Kennesaw, GA 30092-3673


The only way to truly find out how much a JDB paid for your debt would be thru the discovery phase of litigation. Here's some case law to back up the request:

Coppola v. arrow financial services, 302CV577, 2002 WL 32173704(D.Conn., Oct. 29, 2002) ???????? Information relating to the purchase of a bad debt is not proprietary or burdensome. Debtor must phrase their request clearly to obtain: The source of a debt and the amount a bad debt buyer paid for plaintiff????????s debt, how amount sought was calculated, where in issue a list of reports to credit bureaus, and documents conferring authority on defendant to collect debt


lrhall41

Submitted by NASCAR_Devil on Wed, 07/02/2008 - 04:53

( Posts: 4671 | Credits: )