Asset Acceptance is a scum company

After reading numerous posts on this forum, I have to conclude that Asset Acceptance is scum...plain and simple.
My problem is: The scum is going after me!

In October, 2005, I receive communication from National Arbitration Forum, outlining a claim from AA, saying that I owed for a credit card which I have zero recollection of having. I ignored the letter.

In December, 2005, the arbitrator entered an award in favor of AA.

Later communications say I falied to honor the award and has not paid AA in accordance with the arbitration award.

In April, 2006, I received a summons on behalf of AA, saying I'm being sued and I have 30 days to reply.
Upon reading in this post, I requested a validation of debt, within the 30 days, asking for the usual (i.e., Proof that AA owns or has been assigned the debt, a complete payment history, copy of the original signed credit card applications with the alleged original creditor, etc.) It was the letter I have seen posted here, strictly for debt validation and was written exactly as posted. None of these items were addressed in return by AA. I didn't hear anything from them until...

May, 2007 (recently), I received communication from AA, through the county court, that a judgement was entered against me and that AA is prepared to proceed with garnishment of my wages and listed my company as garnishee. They have the correct name of my current employer (God only knows how that was obtained) but not the correct business address. The address listed is in another city and for a different company division.

I now have a week to request an exemption from garnishment or a hearing.
I want the hearing and to go head-to-head with them.

In retrospect and out of my own ignorance and neglect, I should have replied to the original communication from the Arbitrator. At that time, it would have been prudent to ask for debt validation. This was most certainly my bad and I accept full accountability for it.

I've printed my credit report and there are two entries from AA against me for items I don't recognize.

In the original complaint from the court, an exhibit submitted to the court caught my attention. It clearly says 'Bill of Sale' with four (4) items listed, all blacked-out with a marker: 1) Number of Accounts, 2) Total unpaid balances, 3) Percent paid and 4) Due seller.
It lists the seller and the buyer (AA), with two (2) signatures/titles (buyer's and seller's). Obviously, this is a purchased debt, previously charged-off by the alleged original creditor to one buyer and then sold to the second (AA).

Next steps?
I haven't a clue. Of course, this all is making me very anxious, nervous, experiencing sleepless nights and so on; add this to a very demanding and draining job and you get the picture.

Any recommendations and advice would be most appreciated.

Thank you kindly.