Asset Acceptance LLC
Date: Fri, 06/23/2006 - 11:20
The notice was sent in my wife's maden name when we have been married for 12 years.
The fact they would settle a $244 debt for $175.
The fact they wanted our checking account number.
The fact my wife had her purse stolen a couple of years ago.
The fact that the only number they have for her is her cell phone which is under my name.
This all worried me enough before beginning my research of this company and ending up here reading of all the horror stories regarding them.
I have just typed a letter to return to them disputing the debt. Any other guidance any of you have would be appreciated.
Don't pay anything to Asset Acceptance until the debt has been v
Don't pay anything to Asset Acceptance until the debt has been validated in writing. They are required to mention the following details as per the fdcpa laws.
http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809
Asset Acceptance mostly contacts for debts that occurred long time back. Check the SOL of these accounts if they are within the legal collection period. If the statute has expired, they cannot force you to make the payment. Many stories about Asset Acceptance are available in the threads below. Read them and understand their collection techniques that often sound illegal.
http://www.debtconsolidationcare.com/forums/about2251.html
http://www.debtconsolidationcare.com/forums/about3349.html
Asset acceptance
1.Send them debt validation letter.
2.Mail the letter certifed.
3.keep copies of all letters that you send to them.
4. NEVER give them your checking account on the phone and by the way they are not supposed to call you on cellphone its illegal.
5. MOST IMPORTANT THING check you CREDIT REPORT, with all three bureaus(equifax,experian,transuion) before they mess up with your credit.
