Okay, Asset Acceptance just contacted me for a 21 year old debt that wasn't right in the first place (Bally's Total Fitness continuing to charge me, despite a contract that allowed me to cancel when I moved more than 25 miles from a facility--A 2 year deployment to the Gulf before/during/after Desert Storm sure fits!)
I've responded with written notification that I dispute the validity of the charge, that it's past the Statute of Limitations, and that they are only to contact me in writing. This type of scam deserves more, though. What are my options? There have been previous winning Class Action suits against Bally over this behavior. Does anyone know of any current cases? Should I go to the Better Business Bureau? Where else. This truly is criminal.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.