EASTERN ASSET MANAGEMENT AKA ETHICAL ASSET MANAGEMENT

Hi Merry ~ I'm sure that wasn't a very pleasant conversation. Aside from not knowing who they are at this point...do you know about the debt they're talking about? Have you had something slip through the cracks in the past?

It's important to first figure out where you stand with this debt. You'll have to make sure it's valid and I certainly wouldn't offer them any information without doing so. Take a look at your credit report as well ~ see who's reporting. It's a possibility that this debt may be old and this collection agency may have purchased it in the hopes they can cash in. If it's past the SOL...you can't be held responsible.

I hope that little bit is helpful :)

they called me and said that my drivers license was getting ready to be suspended i called the DMV they said everything was fine. :o

that's a bottomfeeder for you.they have to threaten stupidly because they have no legal recourse.if they did have legal recourse they would use it.they don't,so they have to break the rules.

I just got two phone calls from these people also. How do I go about finding out if they are a "real" company?

You can check with the BBB, just don't take their word for it, ask for some credentials.

JOHN PAUL NICOLIA ATTORNEY AT LAW
300 INTERNATIONAL DR
WILLIAMSVILLE, NY 14221-5781
United States
(716) 842-6033

These people called my father & told him I was being sued. Luckily, he would not give them any of my information. They say they're a collection agency for Phillips & Burns, Attorneys at Law, in New York. I know the debt this is regarding, but I don't believe it to be a valid debt. I have requested verification of the debt, but to no avail. Attorneys do not use collection agencies. They will generally ask another attorney in the state that you live in to assist them in getting Judgment against you if they plan to sue.

These people told me they had a judgement sitting on their desk for Non-compliance on a credit card that I don't recall having. I told them to mail me info and I would check it out. That was over a month ago! They never did and then they tell me now the judgement will be sent to my state by next week. What should I do?

if they do that stupidity it can be vacated for improer service,but seeing as this is a bottomfeeder i wouldn't hold my breath for that judgement.

Truth is that this is a real company. They have retained the attorney's assistance on cases that are eligable. What the company prefers to do is give you time to settle this matter before it does get that far. Many of the assistants don't file a L7 if you are nice to them. Remember they are doing their jobs. You should always check into your debts but also know some do not show on your credit report depending on the company you breached contract with. Some others do take a long time to show up on your cbr but they will. You need to understand that if you do owe a debt you are required to pay it and the attorney can sue you no matter how little the amount is. So if you want to miss work over a $57.00 (assuming you do owe it) debt go for it, but it will cost you more missing work. ~explaining the truth~

guest wouldn't know the truth if it brained them with an aluminum bat.nice try though,but lengthy doesn't make you less of a troll.

Truth sounds like he works for the company. These guys are breaking all the FDCPA regulations. I own a collection agency and my friend just got a call from these knuckleheads. First off get their address and phone number. Then send a certified letter to them requesting all supporting documentaton of the claim. They have to provide it. If they don't they cannot continue to call. If you get these calls keep record of every message (date, times,who called and what they said and who they said it to). They cannot give personal information to parties other than yourself. I would then file a complaint against them with the FTC and the attorney Generals office. These people try to collect thru intimidation and lies. I don't care if the debt is only $50, don't pay it if you don't owe it. Paying them to leave you alone is hideous.

Obviously neither one of you reads very well do you. It of course said that you need to make sure the debt is valid. If the company Or any company thinks that it is worth while they will file suit. Understand that Eastern Asset Management is not the one who decides to file. They act as a liason between the debter and the client (poss suing party). Most of the time it is the client who chooses to or not to purse based on info retained from these companies. You both tend to blame alot of the companies for issues. Companies that do falsify records should be indeed filed suit upon themselves. When I speak I am speaking on behave of the branches of the companies that do things correctly. Whether you like it or not some of these companies (and legal assistants/collectors) are trying to help you out. (Once again I did not say all of them) If you try to work with them and they are ignorant so be it that you lay into them. You both generalize your experiences and relate it to every agency. Have you ever thought that maybe you are wrong about some?

fine not all debt collectors are bad,but you come on a thread about a true bottomfeeder.kinda suspicous to me.

Sorry BEN but I don't think people are going to take advice from a simpleton like you. Look at your grammar for gods sake, you can't spell. and it seems your keyboard is missing it's period, just like your girlfriend, tell her I am sorry.

Hey, we know all three of you are debt collectors. These people want to pay their bills, but BILL COLLECTORS MUST FOLLOW THE LAW when collecting debts. You cannot threaten to sue (if you don't plan to), use abusive language or unlawfully harass someone. lots of times collection agencies call people having the wrong number and still call repeatedly, call TRYING TO COLLECT DEBTS THAT HAVE ALREADY BEEN PAID OFF, threaten to have someone fired from their job, threaten to have someone arrested, tell someone's kid their parents are going to jail, call past 9 p.m. or before 8 a.m. which is illegal, yell and curse at someone, I could to on and on and on. YOU, BEN in Dakota, tell me, do you find this acceptable? If so you are a pitiful excuse for a human being. People should pay their bills, yes, but collection agencies must follow the law, just as much as you have to follow a speed limit, or get a ticket. Stop putting down the victims!

i deleted ben's troll spew.

They are threatening to have the police pick me up at work. Can they really do that?

no they can't.next time they say that say you'll be waiting.when that doesn't happen don't talk to them again.just hang up in there earhole.

Next time they call I would SCREAM in their ear holeAHHHHH!!! THE COPS ARE HERE, HELP!!! THEY ARE TAKING ME AWAY!!!!! AHHHHHHHHHHHHHHHHHHHHHHH!!!!

How would that work Paul? lol

whatever works for you my friend. :wink:

This law office called my cell phone looking for my brother, I do not understand why I had to be bothered at my job on my personal phone for business that did not pertain to me. For these reasons, this law office is criticized. They are calling others to reach the person they are looking for, in turn making everyone but the right person aware of their bad situation.

because they want to humiliate you.that is against the law.send this bunch of cretins a C&D letter.send it certified mail return receipt.

My Fianc?? received a phone call from Eastern Asset Management on 2/24/09. On a Clout credit card I had back in 2005. They told him how much I owed, and what they would settle for. Also that if I did not pay this by 2/28/09, they would subpoena me at my place of residence or place of employment. So he in return requested the information they had be sent to me, and he was denied his request. So I gave them a call because I have been trying to pay this credit card off since 2006 and I hadn't been able to reach anybody. They told me that they have sent out 11 letters in the past 2 months, but this is the first time I have heard anything about this. When I requested the information they had be mailed to me, he then denied me, and instead sent me an email. But the whole time he was talking to me. He did not once mention his name.

And now I don't know what to do or how to go about this
Please help

My story is a replica of all of yours...EAM called me about some credit card I have never heard of...I've asked for copies of any signatures or receipts from the card..I've asked for validity of the debt...and nothing has ever been sent to me either! Their New York scare tactics won't work on a Texas girl! Don't answer any more of their calls or you could take the time to turn them in to the FDC as their illegal collection practices need to stop! By the way, they were just sued in Colorado for illegal debt collection and they lost!!!

THANK YOU... THAT'S GOOD TO KNOW

Are you kidding me?....AKA Ethical Asset Management? WOW!

The one that called me from EAM told me he was an attorney so while he was rambling on with his threats to me I looked up his name on a license for practicing law and guess what...he didn't have one. After I busted his ass on that one he rebutted by claiming he never told me he was an attorney...whatever! I'm still waiting for them to mail me the proof of valid debt, or for that matter, any written correspondence at all...The seem to be pros at using a phone but clueless as to the postal service!

I REQUESTED MY INFORMATION BE SENT TO ME. HE TOLD NO. THAT HE COULDN'T DO THAT. WHEN I ASKED HIM WHY NOT. HE SAID HE DIDN'T HAVE ANY OF THAT INFORMATION THAT HE WAS JUST THE COLLECTOR. AND THEN CAME BACK AT ME WITH "I'M ASKING YOU FOR MONEY AND YOUR WANTING ME TO SEND YOU MONEY THAT YOU NEED TO SEND ME". AND I TOLD HIM IF I WAS ASKING FOR THAT I WOULDN'T BE CALLING YOU TO TAKE CARE OF THIS SITUATION BECAUSE YOU WOULD HAVE TAKEN CARE OF THAT FOR ME. SO WHEN I ASKED AGAIN FOR HIM TO SEND ME BY MAIL MY INFORMATION. HE TOLD ME ALL HE COULD DO WAS EMAIL ME OR FAX. I TOLD HE COULD SEND ME THE EMAIL. BUT I WAS STILL GOING TO NEED THE INFORMATION BY MAIL. HE THEN PROCEEDED TO TELL ME HE DID NOT HAVE THAT INFORMATION AND THAT HE COULD NOT SEND IT TO ME.

Look, I paid twice to this same people. Said once I paid then I was free and clear. I gave them my address and email. Funny, I owe a debt to a client of theirs and they didn't have my address. I recieved neither certifided letter NOR an email either time NOR did I get ahold of them.

Answer that. I will not fork over another dime to them. I asked for proof of this bill AND the recorded calls they said they had. Because if they reviewed them like this person said she did she would of HEARD the people telling me they are paid off.

So still waiting for proof in my email.

I am in the same situation as Norma with CLout. I hadnt used my card since 2005 and after 2007 i couldnt contact anyone anymore for payments. EAS called my Parents cell phones, my aunts and uncles, my little brother and sisters cell phones telling them about my situation. my sisters had to leave school early a couple of times because they were harrassing them on the phone saying i would be arrested and asking them to pay the money. I am looking to file a class action sue against this company because of the way they are practicing telling people they are a law firm when really they are a collections agency inside a company thats a law firm for assets. And they can never get their story straight. I have been offered 4 different settlements but its never by the same person. and if u change your payment they get mad and have to go ask someone. And if the person handling your case is Henry Patterson he's a bit of a butthole. He's called my phone numerous times looking for 5 other people that i dont know. If u have any interest in this suit let me know by email @ [email]shatori8604@yahoo.com[/email]. My mom is going to help me get this started.

Sorry I meant EAM or AEM whichever they go by..they have 2 names.

this is just ridiculous. how can any guy tolerate this.this is shear infamy in nature.rather i will just sue them if they ever use the same tactic again.

but i am not confident that under which section i can sue them.It's really frustrating if someone just pips into your private circle and try to shake your image amongst them.Along with the person the family members are also getting harassed for no reason. :oops:

i will be part of your action.... I will e-mail you....they are crazy... calling acting like he's the attorney..no attorney calls to collect .... and what I'm doing is filing with the attorney general office in; phila, new york, and south c...from where the calls come out of...the calls backs go to new york... yes, they call all over for you..even if they have you phone number and address....and tell people you are going to jail....etc....when i did contact someone mrs. r...she said it was for a bill due of 500.00 - i told her send me over the info via e-mail...and she did...when i looked at the acct number...since i pull my credit report yearly....that account was paid in full and on time with no problem....what they are doing...in hopes that people get scared and just pay.... I will also be contacting this so called attorney ...at 716 843 6033 and letting him know - but first I am calling the new york court and bar associations to be sure He is an attorney and that this number isn't someone who is acting like him.. so we all need to file with the attorney generals office and not pay .... the world is nuts today and they all want monies ...hoping we are stupid...so before you pay....look...get the info in the mail...that means all the invoices of the outstanding debt and check with sol in your state...pa is 4 years...to collect from the last day of payment...and they must show proof of that.... I called this Mrs. R..and e-mailed her back saying she is wrong, I'm not paying and to be sure that I will file against them...I also have an attorney who would be glad to file...they have upset my family and friends.. put my private business out there..and they do not follow the laws of collections... so, she said she was the manager in the ny office and she doesn't allow people to make those calls....oh! well..they did..so as manager .....cease all calls....to me ....call all the people you called and tell them you are sorry ...and send me an e-mail expressing how sorry you are....but, i am going forward with my attorney generals forms and also filing against this so called attorney with the state of new york....I 'll be calling him...in just a few minutes...and let him know...how he can file against me....what a joke.... trying to collect on what is already paid ... be aware...and don't let them scare you....its embrassing to have them call others..but who cares... do not pay them...do not....get your credit report for free and check your sol in your state ...from the last date of act.... look for my e-mail...coming from comcast.net....

The first time that I ever received any contact from these people I was at work when my mother called and said that there was a problem. She told me that a police officer was at my former step-father's house looking to arrest me for an outstanding warrant. I got permission from my boss to leave work in the middle of my shift and went home to start collecting my thoughts and preparing myself to go to jail, even though I had no clue as to what I could be wanted for. Of the two men at my step-father's house, one said he was a police detective and the other from a collection agency there with a warrant to take me into custody. My step-father has a heart condition and his blood pressure was through the roof. After offering to pay whatever debt I had, it became evident to my step-father that the two men were not from the police and there was no warrant on me. He ordered them off of his property. After leaving my step-father's house they called my mom where she informed them that she was reporting them to the police for impersonating an officer. After that day they stopped calling me for about five months. When they started calling again, it was under the name Western Asset Management. They claimed to be working with this Nicolia. They leave me nasty messages and harrass my all the time. Sometimes they call ten times a day. If this was a legitimate debt that I owed to them then why was there never a good faiths effort to claim the money. I never received a letter or phone call offering to help me relieve myself of whatever debt they claim I have. They only estimate I ever got from them was when they told my step-father I owed them six thousand dollars. I have never spent six thousand dollars on anything in my live! I am now in the process of documenting their harrassment and plan to contact a lawyer. If they would have just treated me like a person I would have probably listened to them as for I am in the process of cleaning up my credit. Which, by the way, contains nothing of which they claim that I owe to them.

I agree with you that one may generalize the statement but surely one need to know that one's experience with this particular company is not good then he will doubt about the same issue with another companies.

To have doubt is nothing bad but to criticize in public is surely a bad practice.

But one more to add if one is not getting the service what he has been promised then surely he has full right to go out and tell people that " this particular company is not trustworthy and they have cheated me by not keeping their promises.

i hope individual has that right and one need to agree with this. :wink:

the above post was mine i haven't logged in so i am putting it again for clarification.



I agree with you that one may generalize the statement but surely one need to know that one's experience with this particular company is not good then he will doubt about the same issue with another companies.

To have doubt is nothing bad but to criticize in public is surely a bad practice.

But one more to add if one is not getting the service what he has been promised then surely he has full right to go out and tell people that " this particular company is not trustworthy and they have cheated me by not keeping their promises.

i hope individual has that right and one need to agree with this. Wink

I have been dealing with Eastern Asset Management group for 2.5 days, ever since I was left a phone message saying that they will be putting a lien on my assets, freeze my bank accounts, garnish my wages and taxes. I called back to see what this issue is and was told that it was in reference to a 2005 credit card. The debt was only $165 and they would waste the courts time with filing a suit? That is crazy. Because I really belived that I paid this debt, I had my bank send me some of my back statements to refer to in order to get the proof I needed.

They told me that they can only give me to close of business on Friday after I literally found out about it after work on that Wednesday before! They said that they sent me a letter last week informing me of this and they have had my case of the long time, since February. I asked for these dates and apparently they acquired my case February 27th (2 weeks before contact), and since a letter on March 3rd (again, that I NEVER received). I asked them to resend me the letter by e-mail and mail. They never sent it to my e-mail address, instead they supposedly sent it to another e-mail. I told that it was incorrect and send the notice to the right e-mail address but never got it. This was on Thursday, and the hardcopy is in the mail.

Then on Friday when they continued with the threat of a lawsuit, I told they that I sought out an attorney (which I did, as I worked for law firms in the past and this did not sould correct) and that before going foward, I will need the letter AND full contact information for both EAS and John Nicolia for who they "work for." The person whom I had been speaking to all this time, Steve M., told me that they put the letter in the mail that morning and they will need my attorney's information to contact them directly. And then reinterated that I need the full contact infomation of both the law firm of John Nicolia and EAS and if he could verify that the letter really went out today, as he told me that it was sent out yesterday. That is when Steve M. flipped out on me. He yelled at me, talked over me, and refused to give me information. He said that they will be one to contact my attorney and not the other way around, but they will not be able to do that because they "know" I didn't have an attorney. Either way, I am entitled to have their full information for my records and I will not go to an attorney without having my papers, and at least a mailing address for those who want to suit me for something that has been paid for and even if it had not it is pass the Statute of Limitations.

Here is my little tidbit of knowledge:
I found it odd that they could not provided me with a copy of the supposed letter, any proof of validity of the claim, nor give me an opportunity to gather informaiton to disprove the claim (30 days is the minimum), and I can't get a mailing address? They are not legit. I wonder where they are getting their information from, as it is so incorrect, it is not funny! Ask them for full contact information to have when you seek you attorney and see what they say. Also, don't be afraid to call your credit card company (I did that and they are sending me documentation as well) even if you did not pay. This is a way to cross reference what they say. Ask if the card has been paid off of; when was the last payment made; what was the closing amount on the card; if the card was charged off and they don't own the debt anymore, what company did they sale the debt to and that company's information. If you are worried about your credit report, the claims stem from the date in ehich you went deliquent on your credit card, not when a collection agency buys your debt.

All,

I did owe a debt that this company called to collect. There was no need to verify anything, HOWEVER, this company is crooked.

No one here can defend their actions!

I could not pay the debt in one lump sum because I'm a recent college grad with $110,000 in student loans to pay off and I do not have rich parents nor family/friends that can pay these things for me.

They harassed the crap out of me breaking every FTC law/rule in the book even after I tried to plea with them to make partial payments. They even disclosed information to my mother. I am am 24. Since I am over 18, that was one obvious and blatant FTC violation!

After getting tired of receiving threats regarding jail time, garnished wages and MUCH more, I paid them knowing that I couldn't afford it. I plead with them to post date my payment, so that I would actually have the funds in my account for them. They agreed but OF COURSE they ignored my request and charged my account right away (as soon as I got off the phone!). They over-drafted my account by $75 but I got hit with another $300(!!!) in over draft fees since I have all my bills hit my account at the same time (purposefully): between the time I finally agreed to pay and the date I had asked them post date a payment for, when I would receive my yearly bonus.

Needless to say, I took them to court over this after calling more than just one lawyer and having them all tell me that these guys broke over 8 regulations.

The case has been in the courts for about a year now because Eastern is dodging my suit like a bullet, but even the judge (and his clerk) on the case agrees with both my lawyer and I. I will hopefully have this whole thing resolved by July!

The WORST part is, throughout this entire ordeal I have absolutely NO paper work from Eastern. 'Not a single sheet in the mail stating that I owed them anything nor a confirmation letter after paying the crooked low lifes!!!!

The debt that I owe still shows as a blip on my credit report and I have NO WAY OF REMOVING IT!!!

This my friends is a travesty! I feel as though my precious $2300 vanished into thin air!!! Keep in mind that I am single 24 year old male. Rent aside, I can live off of $60 a week (in NYC mind you) so $2300 is a tremendous amount of money to loose and that does not include the amount they caused my account to overdraft by!!!

In conclusion, I know that there are MANY legitimate collections agencies. I don't care if you owe the debt Eastern calls you about or not, there is just NO defending this one. They DO NOT have your best interest in mind and they are scum. I highly doubt they took any action whatsoever to have this sum of money removed from my credit report after taking my money! Especially considering that they wouldn't even send me a confirmation letter.

i dont understand what the hell u people are talking about i had a cc dbte they called me and i made payments for six months and when i was done paying for it they sent me a letter for proof of payment!!!!!!!!!eastern asset mang... is cool with me..........

Good for you TROLL!!! Now do not return unless you have something beneficial to add. Thanks!

Ok, well the truth is they can be found and they do exsist but the are not legitimate if they say you have debt you might but they are a corrupt company that preys on conusumers with small debts. Truth people will forever have debts thats how society keeps going. But you should not try and use people to get rich quick. Eastern asset management told me that they want to see my "sorry ass" in court. Well how professional and ethical is that they did not even know me, they constantly threatened me. I would not pay or give anything to anyone if they could'nt even respect me by phone what dod I look Like!!!

I have been receiving calls from eastern asset management and the women Riley tell me they have a case number and suit against me not paying a credit card.... wich i have and i called the collections agency, philip and burns, and asked them if my suit was settled and why did they forward it to the law office. they told me they never forwarded it and that they will send me the settlement copy via email so i can fax that company. I'm pretty sure though that its not the end of these calls that i am getting. I get them every few months from different firms and the card has been paid for over 2 years.

I have the last name of MIller---very common---I do not have a credit card at all---when I asked them where they got my number from, they said the phone book. I responded that there are a million Millers in the phone book; at which time the guy on the phone started screaming at me saying that there are a million people that don't pay their bills. My plan is to call him every day just to piss him off!!!!!!!! There has to be something further we can do in the state of New York to stop this harrassment. Anyone on board up there?????

I started receiving calls from Eastern Asset Managment in January about a debt I owe. The first conversation I had with someone from their company was threatening me with jail and felony charges if I didn't pay half right then. The same person I spoke with had already called my ex in-laws and a friend of mine discussing my situation, BEFORE I was ever contacted by them. I hadn't heard from them since Feb, and then I get a call today with another threat of suit against me for this debt. I am not disputing this debt, but the way it was handled was rediculous. Threatening suit is not how you get someone to pay a debt.

This people are filthy low down MoFo's who are harassing innocent people. Why are there people out there who prey on folks for their benefit. How can they be stopped? The only way is a class action law suit. We all should ban together. It is the only way to stop this kind of ignorance.

Actually they can not threaten you or treat you nasty over the phone. They can not tell you the law is coming after you. What you need to do is look them up at the Better Business Bureau and see the rights you have as a consumer.

I was getting these calls and found out it was a scam. If they do not provide documents to your home when requested, then it is a scam. I have asked this last time to provide these documents. Gave them two email address to send them to AND my home address. It has now been two months. And I was told I was being taken to court. *threatening...not allowed*
Yes some collectors are doing their job..but there are alot of crooks out there too. Check with the BBB first. Get the scoop and cover yourself.

[quote]i dont understand what the hell u people are talking about i had a cc dbte they called me and i made payments for six months and when i was done paying for it they sent me a letter for proof of payment!!!!!!!!!eastern asset mang... is cool with me..........
Guest


Cool_Abyss
--------------------------------------------------------------------------------

Good for you TROLL!!! Now do not return unless you have something beneficial to add. Thanks! [/quote]

Just because someone has had a positive experience with this company doesn't make them a troll, it makes them lucky. We should be greatful for anyone having a positive experience with any collection agency.

I agree, even though I am sure that the lowest bottomfeeder on the totem pole will have at least one satisfied and happy customer/debtor.... I think it was the attitude that caused the reaction. We are all a little sensitive after the screaming matches of the past few days.....

There are 17 cases since Mar 08 filed against them in Federal Court ("http://dockets.justia.com/search?query=Eastern+Asset+Management") for FDCPA violations, etc. so I can personally only assume the worst of this CA, especially considering that almost no one actually sues...

This company has contacted me about a debt from 2006. They even contacted my Dad and told him they were going to take everything through the court system where I live. Scared my dad to death! I called them and asked them to mail me a copy of my contract and they said they couldn't do it until after I paid my debt. They told me I had until Friday to let them know if I was going to agree to the settlement they are offering. Don't have a clue as to what to do!!! Alot to threats coming my way from this company.

Send them a DV letter immediately. You can also tell them to Cease & desist telephone contact with you or your contacts, and only communicate by US Mail.