Asset Acceptance LLC trickery
Date: Mon, 03/05/2007 - 19:16
He said I should file an ID fraud with the credit agencies. I said why? Nothing is on my credit report in regards to this. He said that its been over 13 years and its been removed. I told him that it was never there to begin with and if it was there and has been removed as he says, it was because of the SOL being expired.
I then wote a letter saying that I disputed the debt and requested that this debt be verified to include original contract amount,date of the contract with ballys, a copy of the contract with my signature agreeing to the debt and proof that SOL has not expired. It's been 3 weeks since I received the delivery confirmation and still no word from Asset Acceptance LLC.
I am telling the truth, i do not have or never had an account at Ballys.
Do you think they gave up? If not what else should I do?
They probably did give up, but don't throw your reciept away, yo
They probably did give up, but don't throw your reciept away, you never know who will pop up next. With the SOL run out, not much any of them can do about it anyway, even if you did owe it. Just keep records. If they continue to harass you keep a log and record all information then sue them for violating the fdcpa law, you can google disputing debt, the ftc has a real good piece on what to do when they don't respond, it is under FAQ's. Hope this helps. I wouldn't worry about it.
Thanks for the info ! I really find it hard to believe that they
Thanks for the info ! I really find it hard to believe that they were trying to collect a debt 13 years from anyone. They must be going through hard times at the moment.
Is Asset Acceptance a large company or are there others that hav
Is Asset Acceptance a large company or are there others that have names similar to that? I ask because one of my pdls is in collections with them and that is here in southern California. I don't know where you are at slydog.
I have basically the same thing, I think. They keep calling it
I have basically the same thing, I think. They keep calling it Daiwa...which I have never heard of. The amount is for aournd 250. According to them it was an account I had in 1991...so 16 years ago.
Asset just buys these old charged off debts for around $.03 on the dollar and try to sell them. So if they sell say 5% of the debts they buy, they make money.