Palisades Collections LLC

Palisades Collections, LLC

aka Asta Funding, Inc.

210 Sylvan Ave., Englewood, NJ 07632

Phone: 800-991-9367 Phone: 201 567-5648

866-230-9094 866-230-8075

201-567-2438 866-230-8094

Fax: 610-758-9781 or 201-567-2203

MUST READ EDITORIAL

Head Debt Collectors:

Arthur Stern ??? Chairman of the Board, Asta Funding

Gary Stern - President & CEO

Mitchell Cohen, CFO, Asta

Mary Curtin, VP, Ops

Nan Beilinson, VP

Rob Knight, VP

CONSUMER ALERT! Palisades has purchased a large portfolio from Wolpoff & Abramson that trace back to many names used by W&A for the purpose of purchasing junk debts for about a nickel on the dollar. When you call Palisades/Asta you are asked to punch in your social security number so they can locate your account.

We STRONGLY urge anyone dealing with these bottom feeders to NEVER give them your social security number as they may not have it. We further advise you to NEVER give them your banking or credit card information. The paperwork that Palisades/Asta obtained in their purchase is known to contain a LOT of false and manufactured documents.


DO NOT GIVE THEM ANY INFORMATION; MAKE THEM VALIDATE EVERY ALLEGED CLAIM WITH ORIGINAL DOCUMENTS THAT CONTAIN YOUR SIGNATURE. (We have reason to believe many of these original documents do not exist, however Asta/Palisades have the ability to manufacture them, given time.)

Consumer Comments Below



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 consumer professionals to go after these deep pocket icons of American enterprise. Let owners Arthur Stern, Gary Stern know what you REALLY think of them and their dumpster diving business.