November 2009     This is in regards to a law suit involving a disabled family member. Asset Acceptance initiated a law suit upon my wife with no prior contact prior to this. Upon disputing the claim Asset Acceptance claimed that they were not a debt collector. This was done to avoid the various laws they would otherwise be required to follow as they only had available a summary invoice of Asset Acceptance and a statement from one of their employees with no original documentation of the original alleged debt. Because of the claim of not being a debt collector the FTC, State Attorney General as well as the State Bar Association have gotten involved.

November 2009     Got a call today on a debt that is now under the SOL. I tried years ago to settle with these guys and 2 other creditors but they were not willing to settle so i had no other choice but to not pay.

I just learned today from this great site that the SOL in California is 4 years. This debt goes back to 2004 so I'm safe. The guy on the phone was a complete jerk.. now what do I do If I get a notice in the mail threatening legal action or a judgment?  Go ask over at www.collectorsexposed.com on the forum...

October 2009     My husband obtain a credit card through Bank One NA in 1995 and stop paying the card in 1997, the credit card was charged-off in November 2001. He began receiving calls from various collection agencies in December 2006, we stated to the various debt collectors that this debt reached it SOL. It bounced around for a year in a half until it reached AAC. He received a summons in the mail stating that he owed $ 4800 and was bang sued. We went before a judge and the lawyer stated that he owed the debt and we stated that the account was charged off in 2001. the judge ordered them to submit a Bill of Particulars and they submitted a copy of a faxed copy of a statement that stated my husband made a payment in December 16, 2006, which is untrue. Because a few weeks later we began receiving collection calls and I had to file a complaint with the FTC and BBB in regards to the threats made by the previous collection. In my Grounds for Defense I listed that this debt exceeds the SOL, iI have his credit reports that go back to 2005.

October 2009     Well, I'm not quite sure where to start with these guys.  In April of last year I sent them a c&d asking them to verify that they owned my account. As expected, nothing ever came. Almost a year later, the phone calls have started again. I have been ignoring them, waiting to the breaking point of madness before I would speak my mind to them. I finally did. The young lady on the other end of the phone stated, there was nothing on my record stating they got the C&D.

Long story short, I filed with the BBB of Western Michigan and today I got a response from Asset Acceptance. It was photocopies of my original documents that I signed. Yep, I signed them. However, the information that was listed was somewhat inaccurate.

My point. Is this just another scheme that a bottom feeder uses. The debt is close to the SOL, and I know that when things get there the flood gates start to be open and everything flies out. (If need be Bud, I can forward the paperwork to you and you can take a look).

September 2009     I've been getting calls from Asset Acceptance Corp. My mom took the calls and they left their contact info. I figured it was some scumbag trying to pull a fast one, instead of calling them back I got online and did some research which is how I found this website (thank god for the Internet). Today I received a letter from them pertaining to an old Wamu/Providian Credit Card Account opened in 99 which I stop paying on back in 03 or early 04 because of a charge dispute with them.

The SOL here in Louisiana is 3 yrs for Credit Cards. I know this account has since been charged off. I checked my credit report and found the same Wamu/Providian Credit Card # listed twice with Chase but with 2 different high balance amounts, however I could not find it listed with Wamu/Providian. I have never had any cc accounts with Chase until the end of 2007 at which I was approved for and received an Amazon Chase CC for 400.00. I feel that if I owed Chase anything for an unpaid CC account they would not have approved me for a CC period. I had another scumbag company Called CACH LLC trying to collect on this same Providian account up until last year they finally gave up and stopped.

There ought to be a law against people like this getting into our credit reports, altering information, and harassing consumers. I'm 47yrs.old lost my husband in 99 to a brutally violent crime I've raised my 3 children on disability & soc sec with the help of my mom. I do not want to be harassed about something that is totally worthless. The letter states that I have 30 days to dispute the validity of the debt or they will assume the debt is valid, it also says they will obtain a copy of a judgment. I have never had any judgments against me for anything and don't want any now. I am sending a dispute NOTICE & DEMAND FOR DEBT VALIDATION I have enough going on in my life to worry about then having to deal with these sorry scumbag lowlifes?

June 2009     I think we should call them 400 times a day trying to collect on the debts they have and also invent some from supposedly owing money to places that went out of business in 1880  they do this to us so we should do this to them and have a original amount of 1600 add up to 600 billion from interest accruing since 1880  see how they like their own fraud used against them

June 2009     Henry R. Idar,III  is one of the worst at Asset Acceptance in San Antonio TX Have other people call him at home 682 Rattler Bluff at 210-522-0394 or on his cell phone at 210-912-0394 or send him an email at HenryIdar@yahoo.com . He brags to his buddies about cleaning out peoples bank accounts and making them write hot checks. Thinks it is funny!

June 2009     Received a call from Amy Wright at AAC. She stated they were not a collection agency but a finance company. She was trying to collect on a debt that was charged off in 2001, is she a lair, are they for real? What are my options?

Asset Acceptance Corp is very good at lying. They are not a finance company , they are bottom-feeder junk debt collectors with ankle high b.s. Your state has a three year statute of limitations, they had to stop reporting it at seven years from the charge off date. That account is under a lot of dust as well as their colorful lines of crap. Asset, like most junk debt collectors is low on fresh accounts, so they have descended into the abyss of old, out of stature debts to collect. Management must have one heck of a time motivating collectors to convince consumers to pay, so they simply lie and misrepresent to status of the debt in hopes of earning a paycheck. I suggest that you make them spend as much money as possible. Wait for the mandatory written notice, send them a dispute validation letter. They can call and ask you to pay, you can refuse and keep their meter running for a very long time.

May 2009     They are suing us under Premium Asset Recovery Corporation which was bought by Asset Acceptance in 2006. There is a major amount of subterfuge, one letter with a PO Box from AA (no physical address) and another from PARC with a PO Box from Brandon Florida, etc. The junk debt collectors attorney filed a false affidavit by an employee of AA claiming that my husband (his debt) opened an account that was obtained by them in '04. Original debt was HFC who closed it out in 2002. They claimed he was served (he was not), then followed up by doubling the
amount of debt and claiming an open account thus re-aging the debt, then getting a judgment against him (obviously without his knowledge) in 2006. Then, the attorney Richard A. Russel, got a writ of garnishment against our joint bank account and froze my paycheck. He is unemployed and I have direct deposit. He did not have to show ANY real evidence of signatures, dates, whose money was in the account, nothing. Due to the judgment obtained by false affidavit in 2006, the judge granted the garnishment. We are left to prove in court the fact that it was exempt
funds. Meantime all the money we have to live on is in limbo for the past two weeks and the bounced check fees are huge for auto debits.

These low lives had to know we had no money since they constantly were in our credit reports updating the false information and upping the amount owed. They also apparently had to know when I get paid (I work for the county and they froze the account the day that I get paid). Florida laws are so lax in this matter that the collector attorneys do not even have to appear in court (they appear telephonically) or provide documents proving their right to collect. It is awful.  The laws need to be changed so that a summons is at least signed for, an affidavit is verified by documents and signatures (not fraudulent allegations), an account cannot be re-opened by a junk debt collector to circumvent the statute of limitations and money should not be garnished fraudulently without proof before it is seized that it is not exempt, and finally that a default judgment cannot be obtained and the debtor never even notified of this action until years later they seize an account! AAC aka PARC is worse than a loan shark and sanctioned by the Florida court system!

April 2009     I received a credit card from Target with a store credit limit of 75.00 back in 1996. I never made a payment so they quit letting me charge after about 69.00. Since then, my husband & I bought a house in 1999 and did not hear any more about it until maybe 2 months ago a couple days after my husband got his credit report online. Asset Acceptance Corp. started calling repeatedly saying I owe over 1000.00. Can they do that?

Asset Acceptance Corp. appears to be experiencing serious cash flow problems. We have received many emails complaining of their collecting on debts that are more than 10 years old. They are called 'Dumpster Debts' as AAC seems to be scrapping the bottom of dumpsters to find money. CA has a four year statute for taking legal actions. There is a seven year federal statute for accessing your credit. AAC can ask, you can refuse. We can only assume things have deteriorated to the point of desperation for them and their bottom feeder debt collection business.

April 2009     I am a military member currently serving in Hawaii. I have some bad debt my mother opened in my name. I have elected to pay it rather than press charges--it is my mother, so I don't wish to become more bitter than I already am. At any rate, two accounts were placed with Asset Acceptance, and today I called to attempt to reach a settlement with them. They told me I needed to use someone else's address to make the payment because if they put my Hawaii address in the computer it would reject it.

April 2009    Sir,  As a member of the military I am requesting your help with Asset Acceptance LLC. I have been having issues with them for a year. In April 2008, I sent them a dispute and a cease-communication letter by registered mail. I have received mailings from them throughout the year. They have increased their dollar amount and are still reporting against my credit report. I am hoping that if you send them a cease communication letter that it will have more of an effect. I have attached a copy of the latest letter. Please let me know if there is anything else that I can do to stop this company.

We have known for years what absolute jerks the people at Asset Acceptance are, however they have stooped to a new level in abusing our Armed Forces. I am aware of your situation and recall this incident. The CEO of AAC is Brad Bailey, perhaps an un-American debt collectors who thinks its okay to ignore SCRA requests. These bottom feeders care only about money, NOT the brave men & women defending our country. SHAME ON ASSET ACCEPTANCE AND THEIR MANAGEMENT FOR ABUSING OUR MILITARY. YOU SHOULD BE IGNORED BY EVERY CONSUMER IN AMERICA FOR YOUR BLATANT DISREGARD OF OUR ARMED FORCES. BRAD BAILEY, IS YOUR PAYCHECK WORTH SCREWING over OUR MILITARY? YOU SHOULD BE ASHAMED FOR WHAT YOU ALLOW YOUR DEBT COLLECTORS TO DO, SURELY SOMEONE HAS TAKEN THE TIME TO READ THE SCRA, HAVEN'T THEY?

March 2009    Just received documentation from the New Jersey Division of Revenue dated March 13, 2009 and Asset Acceptance, LLC does not appear on their records. Thought it might help others in New Jersey. I can fax a copy if you'd like a copy.  Midland Credit Management, Inc., 8875 Aero Drive, Suite 200, San Diego 92123 is bonded. Registration #4355. Initial date of 5-15-03. Expiration date 5-15-09.   I'm suing them both. Both Asset and Midland could not validated debt. Midland also redated- information to make it look like I paid in 2008, continued to call, SOL has well expired and this debt was in dispute with Verizon that was dropped almost 10 years ago. In addition, I'm also suing CMG for opening and reporting an account with a $10,000.00 line of credit that I never authorized, signed for, etc. It's on my credit filed as opened in 11/2005, closed 12/2005.

March 2009    been fighting with these people for probably 5 years now, they say I have a credit card which i've never had. Sent them a letter to dispute the account over 60 days ago certified mail and have heard nothing from them and they still report it on my credit report. Sent letters to Indiana and Michigan attorney general waiting for a response from them. What else can i do?

March 2009    Asset has been threatening to sue me over an $800 debt from quite a few years ago. They bought this debt from Bank First Today I got a summons from the court that they are seeking a judgment against me. I called the court and was told there was no court date, it was up to me to call Asset and make arrangements. I then checked the court public records and it says a judgment has already been made against me. I am 100% disabled and only receive Social Security Disability. Also, the debt the bought is from at least 8-9 years old. I'm not going to call Asset. The last time I talked to them the guy was very loud and rude with me and suggested I pay him the money I had for groceries and medications. I am not going to get into any more shouting matches with them. I'm to old and sick. I have been told they can't take money from my Social Security disability check. I hope that's true.

February 2009    They are the worst...they constantly call, some times 4 or 5 times in two minutes. They call at work despite my asking them not to do so. And they have unreasonable payment plans. This is truly one of the worst I've ever dealt with as far as harassing phone calls.

February 2009    You should know that other junk debt buyers are jumping on the 1099-C band wagon. I received yesterday such a form from Asset Acceptance. Anything to try a make a buck, I suppose.  In our humble opinion, it's nothing less than getting the IRS to collect the debt for the junk debt buyer.  Who's going to challenge these things?

February 2009    I am being sued by them over a debt that they bought from another company. Is this legal in Michigan or any state for that matter? the debt is very high, over 12K, and I don't know how to pay for it. I am completely disabled with various failing organs, and these bloodsuckers are trying to take my car, house and what very little money I have to eat and heat my home. What if anything can i do. I was served papers the other day to go to court, and I am scared. PLEASE HELP..... A little old lady in MI....

December 2008   There is a debt collector called Asset Acceptance Corp. That picked up on a debt that my father in law co-signed for on a home trailer probably 25 years ago. He lived in Pennsylvania and his daughter lost the trailer. There has been no activity on the account for over 20 years. My father in law is visiting me here in New Hampshire and had his contact phone number at his Florida credit union changed to my phone number here in Michigan. Now AACC - last night - is calling my phone and harassing him. I feel the statute of limitations has run out on this matter but AACC says they will continue to call my number, how can I stop them? My father in law is 84 years old and probably won't live much longer. He is scared to death that this company will try to get his bank account. Is there an agency that I can report AACC to and have them stopped. Any help you can be will be sincerely appreciated.

Asset Acceptance, like many bottom feeder junk debt collectors is experiencing severe difficulty in acquiring new debts to collect. They have gone back on 10-20 year old accounts hoping to get blood from a turnip. It an't happening! Their sheer desperation is turning consumers off, making them more aware of their rights, resulting in less money being collected. You do not legally owe this debt after that many years. AAC is literally scraping the bottom of the dumpster looking for food. Can you get anymore desperate? I'm enclosing a letter for you to send to their house counsel: Rob Horwitz, Litigation Counsel, Asset Acceptance Corp., A Debt Collection Bottom Feeder, 28405 Van Dyke Ave., Warren, MI 48093. Fax #586-446-1832. Get rid of these losers as quickly as possible.

December 2008   These low lives are suing me in county civil court for an old credit card debt that is past the SOL. I had opened the account in 1998 when I lived in Arizona, it was a sub prime card and I fell behind on the payments and the card was charged off at the end of 1998. It was sold to another junk debt buyer Arrow Financial and then sold to Asset Acceptance. Asset Acceptance has refused to provide me with a verification of debt. In 2004 they stole money from my checking account and I went to my bank and disputed the money being taken out. My banker called Asset Acceptance to find out how they got my account information. The office manager at Asset refused to tell the banker anything and then proceeded to attack me to my banker. The Asset Acceptance manager then told my banker that I owe them money and what it was for and what the amount was ( a clear violation of FDCPA). My banker then told the AA person that it is a violation of the Patriot act to take money from someone's bank account without their authorization. I had to close my account and open a new one to prevent them from stealing more. Four years later I start getting phone calls from them even though I had a non-published number. I had to change my phone number. I pulled my credit report and saw that Asset Acceptance was reporting to all 3 agencies as the original creditor, Arrow Financial, and Asset Acceptance which is illegal. The amounts reported on my credit report were also wrong (again illegal). I then get served with a summons to respond to a lawsuit. I took my reply down to the court house and had them stamp it. I then sent a copy to Asset certified mail. Four months later they sent me by regular mail a request for discovery. In the discovery, they were wanting to know my bank account information, social security number, and place of employment. They must have thought I was stupid and would gladly give them this information. I ignored the request. In October I get a letter from their attorney asking me to provide the information requested even though the deadline had passed. The letter said that if I did not comply, she would seek a court order compelling me to provide the information. A couple of weeks ago I get something by regular mail from the Asset attorney supposedly signed by a judge ordering me to comply with the request. I don't see how they can do this because the original date has passed. I have filed a complaint with the FTC, the Florida Attorney General, and the Florida Bar Association. This case is a federal matter and should be handled in federal court. So far they have violated 3 items of the FDCPA 804, 807, and 808. I still have not responded to the judges order and am wondering what they will do to me next. Any advice would be most helpful.

December 2008   They have illegally reported 2 items, one of which that has been re-aged and reported as to appear as an account separate from the accurately reported original creditor's information.  In the second case, they have reported a completely fraudulent charge. Original creditor has twice confirmed that the account has never even existed. I have reported Asset Acceptance LLC to the BBB, FTC and my state's Attorney Generals Office. I have also made complaints against the bureau reporting the items to my lender to the same authorities.

December 2008   This is one of the phone numbers they use when calling: 804-234-9038

November 2008   You were asking for new addresses for them, P.O. 790113, St. Louis, MO 63179-0113. They and Arrow are using the same P.O. Box in Wixom, MI for outgoing mail. This seems very interesting and I wonder if they are using one firm to mail everything in mass to people.

October 2008   They called last night, I did not answer the phone. They are trying to collect on a debt that is more than eleven years old and past the SOL. I have no employment and due to a work related, back and spinal injury from 13 years ago that was misdiagnosed and that has become increasingly worse throughout the years. I have been unable to work in as many years and completely dependent on my husband.

I most certainly do not have any income, not even disability, and have been told by doctors I will be going into a wheel chair within the next few years, because of the injuries to my back and spine.

I am a step away from taking my own life, because I just do not have it in me mentally or emotionally to fight. I wonder, how will this company and it's employees feel when I shoot myself, while on the phone with their employee?

October 2008   Don't let these thieves get away with what they are doing -- fight them in any way that you can:

Make them validate -- demand solid proof of the debt they say you owe. Keep a log of all phone communications -- if legal in your state -- record those calls.  Keep all written communications from them.  If they attempt to sue you -- show up in court -- make them prove their claims.

If they have violated the FDCPA regarding the debt that they say you owe -- file a complaint to the FTC, to your state's AG as well as the Michigan AG -- and -- if you have the resources to do it -- sue AACC for their violations!

Bring AACC's abuses to the attention of your congress person or senator!  Why? It is time for we as citizens of this country to stand up (both corporately and individually) against fraudulent companies such as this. As the economy sours -- the abuses of this company will get worse -- if they are not stopped!

August 2008   This company refuses to release an outdated and improper claim to EXPERIAN Credit Services and has not responded to credit rectification companies and our letters to verify said claim against me since it was never mine - probably another person by the same name, but they have verified that it is not me and they claim against me was dismissed in Palm Beach County Court in February . - Case # XXXXXB RJ Ms. Shirley Spears actually admitted over the phone that they in fact did not have the credit file in order and still they have not allowed an omission to be completed by EXPERIAN. This is abusive and they just have unknowledgeable people answering the phone and transferring between "credit Reps" over and over and over again trying to get the consumer to give up in their legal right to have these unverifiable (and in this case a possible fraudulent) claim against me released.

August 2008   I was sued by these people in 2006 after making payment arrangements with them. I made arrangements to settle the account in November of 2005, but I requested everything in writing. Of course, that never happened. When I tried calling them to pay the debt, they came up with many reasons why they could not accept a payment. I kept calling and they kept refusing to talk to me. Why? No clue. They responded to my last phone call by serving me with papers!

I hired an attorney and she said their legal staff was one of the worst she had ever dealt with. They were NEVER available to talk on the phone, could NEVER give her information, NEVER responded in a timely matter, and waited until the last possible second to deal with anything.
They ended up settling out of court for the same amount I offered them in the beginning!
When trying to pay, I was told "only bad people don't pay their bills, what is wrong with you?"

August 2008  This company has been calling me at all hours of the day and night. I tried at the beginning to deal with them because the debt they are trying to collect is not even mine, it belongs to my EX husband. My name was not even on this credit card even as an authorized user. The last person I actually talked to told me that if I didn't pay the over $8K credit card bill that they were going to 1. Reposses my vehicle 2. Garnish my wages 3. Freeze my credit and the kicker was 4. Put a lien against my home. (I live in a rental!!) When I tried to explain to them that the debt they were trying to collect belonged to my ex husband and that he had in fact filed bankruptcy that the debt was no longer owed. They obtained my name AND social security number from my ex husbands credit report. The agency could not explain to me why my information was showing on his credit report. Since my last conversation with them they have called me up to 5 times a day. The last time they left a very nasty message on my cell phone number. They have even called my work number 3-4 times a day.

Per my attorney the next time they call I am to inform them that our conversation is being recorded and that if the calls do not stop immediately that he will be filing a law suit for harassment.

How can these people get away with it if so many people are complaining? I'm not a dead beat and I pay my bills. I've never defaulted on any loan, credit card or bill. My only "crime" is that I was married to a scum bag that had credit cards HE defaulted on that I was never even on. Because of these people and two other companies I went from having an almost 600 credit score down to less than 300!! I couldn't borrow a dime from the mob at this point!

August 2008  Asset Acceptance called me yesterday and left message on my answering machine saying "that by continuing to listen I was acknowledging that I was the (person they were looking for)" and then left 1-800-545-9931 as a call back number and Ext. ???? and that his name was ????. The message was very garbled and led me to believe the caller was on drugs/drunk or highly uneducated.  (Was it the guy below?)

I did a google on the phone number and formulated a plan of action.

1. Pulled the big-three credit reports and found nothing outstanding, although, interestingly enough, ASSET ACCEPTANCE LLC requested my credit history from Experian on 11/2006, almost two years ago. I understand now that I can prevent any company, other than one I initiate, from pulling my credit reports. I currently work on this.

2. Reported the two main phone numbers to Donotcall Registry.

3. Called Asset Acceptance and inquired as to why they were calling me. It was for a $700 CC bill at Circuit City from 24 years ago! That is digging DEEP! They wanted $1900 to settle. This bill was charged off in Bankruptcy Court over 19 years ago and the bankruptcy has been off my credit report for almost seven years. I mentioned none of this, but told them if they ever contact me again I would turn them in to my Commonwealth's Attorney for harassment and report them to their AG. I currently am learning what to send them to get them to cease and desist.

Thanks for your great, informative site! I am sorry to read what some of you have gone through. Good luck destroying these sharks!

August 2008  From Asset Acceptance Public Relations Team Member   I wonder why you only post negative comments on your site? (Not true. about 30% are positive in nature.) why do you think the majority of your poor, abused consumers are loosing (sic) in court? (Actually, consumers who stand up in court are winning over 85% of the time.) they have no idea even about laws and statutes and cant even begin to know about collections. being from the asset environment I know the debts are old however to date there is no statute on collecting old debts. suing for them, yes, credit reporting , yes but not on collecting. (Actually, the courts have pretty much capped the harassment at ten years.) why are your consumers mad about a ten year old bill if they paid all they have to do is provide proof of payment. (Actually, proof is the burden of the collector, and that's your last strike.)

August 2008  I have had the experience to deal with this company twice.  I have beaten this company twice.  Both times they contacted me, I challenged them. I told them I want proof that I owed them anything.

Neither time could they do so. However, they continued to report and update the amounts on my credit reports.
I took my complaints to the BBB and the Michigan Attorney General.

Each time Asset denied any wrong doing, even though I had them on many many many violations of state and federal laws, but each time, they deleted their poison from my reports.  They will lie and break the law, but if you stand your ground, they can be made to leave your life.  Follow this site, it's one of the best around!

August 2008  Asset called me on my cell phone a few months ago, asking for me by my maiden name. I asked what this was about and it turns out that it was over a credit card that I had defaulted on nearly 18 years ago. I didn't admit the debt was mine, but I am sure I have paid this off, as I paid off some old debt several years ago. I told them to send me a letter.

No letter as of this date. If they do send it, I will demand that they validate the debt via certified letter. For cripes sake, an 18 year old credit card bill! They called back on my house phone and asked for me, again, by my maiden name. I told them there was no one here by that name. They haven't called back and still no letter.

I will fight them if they dare to sue me.

July 2008  Asset Acceptance used false "Affidavit of Service" to get the default judgment against me. They froze my multiple bank accounts. I am now dealing with them and fighting off in court.

July 2008    I was submitting to Bud on one bottom feeder and then stumbled on these people.. Let me tell you, if you were to look up "Low lives" in the dictionary their logo would appear right next to it. Now, my father and I share the same name so he took out a loan under my Social Security number and obtained a car loan which he never paid for and he has since died. Well i first heard from these guys when I checked my credit report and they were on there when I turned 18 (I was 15 the time the loan was taken out) well I got it off my credit report and fast forward 7 years later when I came home and long and behold Asset Acceptance was sending me letters again offering to take a $6,000 pay off on a $12,000 debt for the car I reiterated that not only statues of limitations have ran out, but I was 15 and not lible for this debt because it was fraud they told me that the only way they would leave me alone is if I sent my dad's death certificate to them as they ALREADY have proof of my birth! Well, date 0f birth should indicate that I was not even old enough to drive when the loan was taken out. Well i told them to cease communication and they did.. but what they then decided to do was to call my house about five times a day looking for a "Janessa L Walker" who nobody like that lives with us, or nor do we know them, when somebody would m pick up or try to speak to them they would ask for a bunch of people until they reached my name then say that it was a mistake and hang up only to do the same thing five minutes later...WE called the attorney general who got the calls to stop but man!!

July 2008  Their representatives have called my work location on my bosses phone, claimed to be state employees to my boss. When she informed them to stop calling, they got nasty to her, and she hung up on them. The then turned around and attempted to called my bosses superior (who wasn't in that day), when this failed, called HR department and attempted to file a complaint. The have my home phone number, but are harassing my workplace now. Laws need to be changed to close down these companies and their leeches.

June 2008   Read where Asset defaulted on a credit line in the millions of dollars. Guess they wanted to borrow so they could buy more junk debts ! Personally, I'm ecstatic that they defaulted. maybe they'll go out of business!!

June 2008   DEAR Asset Acceptance Corp I have turned you over to the TX ATTORNEY'S GENERAL and Filing a compliant with the FTC for calling me and dunning me when my phone is on the do not call list . Your company has put things in my credit report that are not factual and violated FCRA and FDCA LAWS SO I'M COMING AFTER YOU in A TEXAS COURT

FCRA violations are Federal.  visit www.myfaircredit.com

June 2008   I left this organization because I could no longer take the lies and crap they forced us to do. Patricia Conation is their record's custodian, she is told what to say on documents whether it's true or not. Anyone sued should seriously challenge their paperwork because they lie so much. Asset does not have the documents they just want you to think they do it's all just crap so they can take money from people. I hate this business.

May 2008   I have been dealing with this sorry company since 2006.  I finally have them removed from my Equifax and TransUnion however they are still reporting and changing dates every month.  I've contacted the FTC and the MI AG and am waiting to see some action.  I've asked this company to validate this debt and all they send me is their bogus home-made letters.  I have even gone to the extreme of sending proof to Experian that this company cannot validate this debt and all Experian does is keep asking me for poof of identity and more in order to prolong the 30 days response compliance.  This company is ruining my credit and I need them off.  I don't owe anything and they are bogus and very unprofessional.  (Sounds like it's time to pursue other avenues.  Visit www.myfaircredit.com)

May 2008  I received a document in the mail from a attorney in San Francisco called Peck & Law. Folded up and stapled to the side of the envelope was what appeared to be a request for a default judgment. First of all, I wasn't served in order to appear in court in the first place.  So I wrote the lawyer and asked them to provide a validation of the debt and sent it certified mail. I got a response stating that the statute of limitations for my request had since expired since they had sent me a letter in September. I wrote back and asked for a copy of this letter they supposedly sent me. I'm still waiting on a response. I've never been contacted by Asset Acceptance (though last year I did receive quite a few horribly truncated "robo-calls" that MIGHT have been them). It seems that this has been engineered to push me into a corner.

May 2008  For all of you complaining about this company, FILE A COMPLAINT WITH THE MICHIGAN ATTORNEY GENERAL'S OFFICE!  I can't stress this enough. Enough complaints, these guys will go down. BTW, I filed a complaint and Asset was gone from my reports within a few weeks.

April 2008  When is a collection agency not a collection agency? When the State of Arizona says so. I filed a complaint against Asset Acceptance with the Arizona Department of Financial Institutions, because of abusive and hostile treatment on the phone from one of their collectors, and because AACC is not on the list of licensed Arizona collection agencies. Since then, we received our first written communication from AACC. It had all the proper FDCPA language. It looks like a collection agency, talks like a collection agency, and certainly *smells* like a collection agency. Imagine my surprise, then, when the Arizona DFI called me and said that AACC is *not* a collection agency under Arizona law! I already knew that they were a debt buyer (they had purchased a very old, long-disputed and unresolved account of my wife's), but apparently, that's enough to exempt them from Arizona's rather strict licensing law. If I were a legitimate Arizona collector, who went to the trouble and expense of getting an Arizona license (and bond), I'd be more than a little upset. Fortunately, my own state (Iowa) has laws which are broad enough to include debt buyers, so my next step will be with the Iowa Attorney General. I'd say that representing themselves as a legit CA when their home state says they aren't is a deceptive collection practice.

It makes me wonder, though, if someone at Arizona DFI isn't in cahoots with Asset Acceptance...

Bud, you might want to add this address to your file for AACC:  Asset Acceptance Capital Corp.   9801 S. 51st Street   Phoenix, Arizona 85044 Phone: 480-588-0745   Fax: 480-403-6451

April 2008    Finally got a clean credit report after years of fighting zombies, applied for first time mortgage and then these scum bags monitor your credit report and the minute you the first credit card you have had in years they send you a letter asking you if you want to pay them off with your new credit card. They offer a settled amount, different in each letter. It has been almost 7 years, they have re-aged the SBC account with different amounts owed. Removed from credit report years ago. Will dispute on line, should be a easy fix. Don't like their prey like tactics, invasion of privacy. SBC NOW AT&T SHOULD BE HELD LIABLE FOR SELLING INFORMATION TO KNOWN CROOKS OR HIRING THESE CROOKS TO COLLECT FOR THEM.

A company hired a bail bonds man to find someone, goes into the home and kills the child, the jury held the company that hired the bail bondsman liable for punitive damages. Multimillion dollar lawsuit. How is SBC, AT&T any different hiring CROOKS who are known to perform ILLEGAL COLLECTIONS!! Daily causing FINANCIAL & EMOTIONAL HARM to their CLIENTS!!

April 2008  Last year got two 1099-c IRS forms from this collection agency. total of these 1099-c forms was over $5,000. did my taxes and did  have to pay the IRS ittle under 100 bucks, but the IRS sent me a refund check for over 200 bucks!, now with the 300-600 dollar government checks being mailed out.. being that they showed the debt as income, now ill be getting a fat check from the government, plus a nice irs refund check too.. id like to thank AAC.. not only
did i not pay them a dime, am looking at getting 300-600 back from the government! WAY TO GO ACC... SEND ME SOME MORE 1099-C'S

March 2008    I received a wage garnishment from asset acceptance last year stating it was found by my local court that i was in default of a debt and was to pay them 25% of my income each week per wage garnishment. I checked with the local court house and they have no record of any such documents or judgments. I was even given a case number by asset and a docket number and those were also falsified. After receiving over 3000.00 dollars from me illegally I am now working with an attorney to get my money back. This so called debt was incurred in the year 2000 to another company and they purchased the charged off account. The original debt was 1000.00 and after all is said and done they allege that i owe them over 4800.00. Being a single parent caused me to have to pay by words of my employer. Its court ordered he said and he didn't want to get in trouble. Now I have had to quit that job due to this and my attorney obviously isn't the best. I am emotionally and physically spent.  Be careful dealing with these people. They will do anything and everything to get money from you.

2007    I'm being sued by Asset in Cook County, and just filed INTERROGATORIES AND REQUEST TO PRODUCE DOCUMENTS...." to Asset. It seems as soon as they receive anything from me they make another debt collection call to me. This one from Lynn Burns, the caller ID says DPS INC, 414-921-7007. Return call number to 1-800-455-2554. I returned the call and told her that this is being handled in court and, also, I sent a cease and desist letter, received no validation in response and that she is calling me illegally. She insisted on calling me by my married name while I'll maintained my current name for the past 4 years. The judge has asked Asset to change the name in the court documents but they haven't. When I filed the answers to the summons, I was called by Jeff Serat, claiming to be a collection agency assignee to my (alleged) asset account. I didn't' return the call. After the first court day, I received a call from "Jeff" claiming to be from "your mortgage company" and wanted to discuss my next payment. My "next" payment was already made a month early and my mortgage company identifies themselves when they do call. I previously posted, can't find a lawyer, but will appeal this when I loose. They don't have proper documentation and this account was settled with the original credit card even though I have no evidence. If they had the proper documentation, they would know this. I think they stole the information they do have from my credit report, and erased the original credit card from my credit report replacing the name with their own. I recently refinanced my house leaving viewing my credit report wide open to abuse. Unifund attempted the same with another account but I was able to stop them, although they then sold the account to another agency who was not able to validate it.

2007    To the person being sued in COOK COUNTY. All the cases in the courtroom are Asset cases. I don't have a lawyer because I can't find a lawyer to take the case. No one one has lawyers. Everyone looses. I'm still fighting as they haven't shown any proof of ownership of the account. I wish I knew who your lawyer is so I could contact him/her for help. I don't want to give too much detail on here because with how tricky Asset is, they probably read these messages too. My first contact with them was a summons with a computer generated invoice as proof of the debt, too. I wrote them a letter asking for validation of the debt, which they ignored. In court, I disputed the debt and Asset's alleged ownership of the accounts. A status date was given for Asset to provide me with proof. The next day they sent me Request to Admit and to send them all the information I will use at the trail along with a generic credit card agreement statement as their "proof". I was happy that they didn't have any valid proof of ownership until, after consulting with LEGAL AID, I found that the judge would accept even a letter that they bought the alleged debt from a debt auction as proof of ownership and I loose. I'm expecting frozen bank account with out warning so am trying not to keep any more than I need to pay my bills in the bank.

2007    I have told these idiots to stop calling me, I never heard of them and haven't had any loans or credit cards in almost 8 years. I don't owe them anything and will never send them a dime. They keep calling my relatives and somehow got my cell phone number and are calling me. I've sent a cease and desist letter but they still keep calling. I will never talk to them or send them a dime. As they have never told me what the debt was for but I already know I don't owe them anything. They want listen, they just like to harass people. I've file a complaint with the FTC and the Attorney general. These people even told my little child over the phone that She had better tell them to call me. How low is that to try and scare a child. They are con men and lowlifes. They need to be stopped. They can hound me forever and I will not EVER bulge to send them a dime or talk with them.

2007    I am in the collection industry...A few days ago, the building manger at an old, old address (we are still friendly) called me at work and told me that a policeman came to my old address looking for me.

I couldn't imagine why this would be as I haven't committed any crime, and I has not witnessed anything.

Then, the light bulb went off, and I decided to check the Cook County Court website to see if I had been sued for anything.

Sure enough, I found that Asset Acceptance was suing me for over $10k. I asked a coworker to pull the records for me and she did. They alleged in a very deficient summons and complaint that I owed "Providian" for $10k charged off in 2001.

I had no idea what "Providian" was, I had to look it up on the web. I found they were a sub-prime credit card issuer.

This is currently pending, but it will not get anywhere.    Here are my defenses:

1)If they try to serve me at work, they will be turned away. In Illinois, an employer can refuse service on their employees at work.

2)If they try at my home, my bell is connected to nothing! I probably would not even be aware that they tried to serve me.

There is no law stating that you MUST accept service... You can simply refuse to open the door.

3) Thier complaint with exhibits had a generic computer generated invoice from Asset Acceptance which would never hold up in court. They would have to get a copy of my alleged agreement with the credit card company in order for them to be able to enforce a 10 year statute of limitations. They most likely would never be able to provide this.

Therefore, the case could be dismissed for:   1) Out of Statute   2) No Proof

I will raise these objections in court, and if the case seems to be going against me, I have an attorney who will handle it for $1k + filing fees of $143. Although it sucks that I should have to pay to defend myself against a bill that does not belong to me, I feel I need to face this.

The people who end up with wage garnishments and bank account attachments usually ignore the legal process.

This is the worst thing you can do, as if you do not show up or send an attorney, they will enter a default judgment against you.

Instead, show up and dispute everything. Make them PROVE the case against you. Most of the time, they cannot.

If at any point you feel like you might lose, hire an attorney. In most cases, it will prove to be less expensive thn letting these guys walk all over you.

2007    I have battled Asset Acceptance, LLC for years for old debts from 1996-1997. I have sent letters for 2 years now. The calls will stop for about 6 months. The latest calls alternate between auto-dialed messages and now a new tactic: "Hi. I'm calling for Barack Obama. Would you like to make a donation today for $50?" Funny thing is that the number on the caller ID is from Asset. My response (without stating my identity): "I only respond to mailed inquiries. Please remove my number from your list." This angers them and they always hang up. Certainly not a call from a campaign! It looks like they are doing Lexis searches on voter registrations/voter histories. The first person that gets a call like that on tape ups the ante to a Federal Crime.

2007       I have been receiving several chopped up voice mails since May. Finally on Friday, I get a phone call from these people. The person seemed upset that I did not return any calls. I explained about the voice mails and that they never gave a contact number. Also, their number never showed on my caller ID. She then proceeds to tell me I owe them for 2 utility bills that were unpaid from 7 years ago! One I never had an account with and the other was disconnected and paid off 6 years ago. She then started asking for prompt payment on both stating she can offer a reduced settlement. I then asked for proof in the mail of these, stating there is no way I am just going to hand out money to some stranger over the phone. She said they will mail the info but then I lose all chance at a settlement. {some weird form of punishment? I just received 2 letters from them but neither list any amounts on them. I replied to them by sending back the letter from your website. We will take this up with the original companies ourselves. And thank you for a great site!

2007    I worked for asset for 2 years and even though they are a horrible company to work for. They are operating legally under the FDCPA and ftc. first of all if you have a credit card that went into collections you are still going to be charged interest and fees, read your contract. Plus it is not against the law to collect on debt that is 15 years old, it can't be reported on your bureau and all you have to do is tell them to cease and assit. there are only two states that you cant collect once it goes past stat and that's Wisconsin and Mississippi. Yes it may be a pain but it's within the law and it may be easy to sue asset and they will settle because they are publicly traded and it cost them less to settle then to go to court but usually the debtor is wrong. Why doesn't everyone just pay your bills and stop complaining. Mistakes happen with companies but it's easily fixed just tell them to stop calling you.  Wow, hard to know where to start. 

I worked for this company for 2 years. The end of the month was always crunch time, and they had contests to see who could collect the most that day. Every single month they threw these lavishly extreme parties for the employees, free booze and food. As far as I am concerned these people are nothing but greedy alcoholics.

2007     I had an acct that got sent to Asset Acceptance LLC for payment. I recd letters from them. Couple months ago, I recd a letter from NCO Financial Systems stating that they bought out the bill from Asset Acceptance LLC, and they would accept $1,055.63 for the debt. I mailed a check for $1,055.63 check to NCO Financial System and now Asset Acceptance LLC wants that money. We know this by the bill we recd in the mail today. My husband called Asset Acceptance LLC and they stated they never sold our account to anyone. They still expect payment.

You make it sound like paying a debt collector is the wrong move...

2007    I have had the exact experience that you describe on your site with Asset Acceptance. They have applied some bogus "payment" to my account and have actually re-aged my old $250 debt to Target. It is now on my credit report twice - once under Target for $250.00 and one for Asset Acceptance for $500+. They are now calling me and harassing me. Asset Acceptance is known for being a sleazy debt collector, alleging bogus payments were made and changing the dates on credit reports. Make the people who own it and work there aware of your feelings:
http://www.assetacceptancesucks.com/address.htm

2007    It wasn't my court date but I sat in the court room where I knew some Asset Acceptance cases would be heard. There were 2 lawyers from Asset Acceptance there and a court room full of defendants that AA summoned to court. When I came in and sat down, the 2 lawyers were asking everyone in the court if they were spoken too yet? They were taking people out to the hall with agreements written up and having the people sign the agreement. Then the judge came out and the cases were called...one of the lawyers...the big fat one in a suit came up with the defendant and did all the talking. Telling the judge the agreement and scheduling another court date . The the judge would ask the defendant if they have anything to say...the defendant would say no, then next case...same thing...over and over and over...I was waiting for someone who would defend themselves but no one did. I didn't learn anything except that I don't want to sign any "AGREEMENT" when AA has no documents to support any allegations against me. Then when I got home, I received and nice notice from AA that I only have to pay $100 now or 10% of what I owe (allegedly $21450!!!) which ever is HIGHER...then they'll agree that I only have to pay $100 plus interest to them each month! All I want is to have my day in court, AA not have anything to prove anything, and the judge entering a judgment AGAINST AA.

2007    Asset Acceptance was receiving $100.00 monthly taken from my checking account regularly. On March 14, 2007, I filed for Chapter 7 Bankruptcy. On 4/2/07, Asset Acceptance withdrew $100.00 from my checking account. Due to this, I incurred $325.00 in overdraft fees. At this time my bankruptcy lawyer contacted Asset Acceptance and was told I would be reimbursed and that no other amounts would be withdrawn from my checking account. I have yet to be reimbursed for this. On May 1, 2007, Asset Acceptance withdrew another $100.00 which in turn incurred another $165.00 in overdraft fees. This now totals $600.00. My bankruptcy lawyer has sent at least 4 letters to Asset Acceptance. The last time he was contacted by them, they stated they never received the payments due to insufficient funds. My lawyer faxed them copies of my bank statements showing that the money was taken. That was 15 days ago. He has yet to hear from them. I called Asset Acceptance directly today. I explained everything that has been going on. They are saying no payments had been withdrawn from my account since February 2007!. I talked to several people there. Of course, the last person i was to talk to was from their Bankruptcy Dept. I got his voice mail and he hasn't returned my call. What can be done now?  Whenever I smash my hand with a big hammer, I stop after three or four times because it hurts so bad.  Would it be cheaper and less stressful to call your bank and say Don't let them take anymore!  Or close the account and start over somewhere else...)

2007    Update!!!!! AAC sent us FINAL BILLS which are dated one full calendar year PAST our date of occupancy at the service address. Now, as this was a telephone bill, I called the other service providers that we had at that address (Gas, Water, Electricity, etc.) All of them have records which indicated we have paid and closed all of those accounts (at that service address) in good standing. We also still have the original of the LEASE AGREEMENT for our occupancy of the rental property, which spells out the date that we moved out. When I called Windstream Communications, they said they do not have records for ANYONE for the year 2000 or 2001. I'm thinking we're going to end up in court, or at least arbitration. But, a big part of me would like to bring a class-action suit against these scumbags for knowingly trying to shake down a honest person.

2007    We were notified by AAC that we have "debt" from a state we have not lived in since 2000. I have sent three letters via certified/return receipt asking for validation of the debt (original invoicing, etc. from the original creditor). They have failed to comply in writing, but they did send me a bogus invoice on their letterhead. Because the SOL expired in our previous state, bank records and cancelled checks from the period we have the numbers are no longer available. I have been advised by the AG of my current state to allow them 30 days from the date of the last letter before I take the following action: 1) File a police report for suspected fraud. 2) Contact the AG and FTC and file a formal complaint against them. Finally, I have been advised by legal counsel to keep track of all expenses related to corresponding with them or anyone else on this matter. Should AAC find themselves in a class-action (which I firmly believe they will), we'll present our documentation.

 2007    first of this year received 2 1099-c form from these people. first off i went ahead and did this year taxes and paid the $94 owed to the IRS. what makes this so interesting is that back in 2005 they had sent a offer of a savings of $450 off what was shown on credit reports. so by buying this debt as there own, per there FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 .. and i quote..

We purchase and collect charged-off consumer receivable portfolios for our own account as we believe this affords us the best opportunity to use long-term strategies to maximize our profits. We currently do not collect on a commission or contingent fee basis. Since January 1, 1990, we have purchased 863 consumer debt portfolios through December 31, 2005, with an original charged-off face value of $22.9 billion for an aggregate purchase price of $455.4 million, or 1.99% of face value, net of buybacks. On average, we have been able to collect more than three times the amount paid for a portfolio, as measured over a five-year period from the date of purchase.

We have purchased portfolios from over 100 different debt sellers since 2000, including many of the largest consumer lenders in the United States. Although 10% or more of the money we spend on our purchases in a year may be paid to a single debt seller, historically, we have not purchased more than 10% from the same debt seller in consecutive years. In 2003, we purchased one portfolio for $17.3 million (adjusted for buybacks through 2005) that accounted for 5.9% and 6.3% of our revenues in 2005 and 2004, respectively, which we believe will account for a declining percentage of our revenues in 2006 and beyond.

being this is public knowledge taken off there reports off NASDAQ, it makes one wonder if they reported the same to the IRS? I WOULD THINK NOT. am all ready with IRS/ TAX lawyer, and from what ive been shown and told... SOME THING SMELLS.. YOU SEE.. THEY REPORTED OVER $9000.00 TO THE IRS AS A 1099-C CANCELLATION OF DEBT FROM, BUT THEY ONLY PAID LESS THAN ONE CENT FOR THIS SAID DEBT. THEY ALSO SENT LETTERS STATING THEY WOULD TAKE LESS THAN WHAT WAS REPORTED TO THE IRS. 35% LESS AND AGAIN SOMETHING SMELLS FUNNY.. i am looking forward to what the IRS has to say about this , as well as my lawyer. i would ask anyone who have gotten a 1099-c form from these people to do there homework, and talk to a lawyer who is in the know of the IRS tax laws as well as making false reports to the government/ irs. again thnx bud, and i look forward to reporting the outcome of this.

2007      Asset Acceptance is claiming that I owe on a credit card that was closed and charged off in 1992. (We see the industry from an eagle's eye view - too much debt buying competition and NOT enough legitimate paper out there...) They can not validate the credit account with that company especially since that credit card company went out of business . Can't even prove it is mine. The statute of limitation has passed, but they still continue to harass me. I sent them a letter telling them to no longer contact me. I have a lawyer to represent me if this case continues any further. I have found out that Asset Acceptance buys old debt and tries to collect on them. They falsify history records and create non-existing claims and phony documents. They wanted my checking account information over the phone, or a post dated check. They have been sued by people for fraud activity and for violating the Fair Debt Collection Practices Act. How can they continue to ruin lives of innocent people and continue running a fraudulent business and not be punished for it? IT is all a scam for Asset Acceptance and Ocwen. Thank you for your time.

2007    I wanted you to know that the Arbitrator this week dismissed with prejudice my arbitration with Asset Acceptance.

The case was filed last July and I have fought them every step of the way. It can be done. Just stay vigilant and meet all the deadlines. Read the rules of the Arbitration and make sure that you follow the written rules of engagement.

Only thing I would have done differently (which did not hurt me) was I faxed some items rather than to send them by certified mail.

Asset Acceptance inflated my balance and increased the amount of the interest they were charging on the file. I believe that I successfully proved this to the Arbitrator.

What your readers need to understand, is the National Arbitration Forum NAF, is hired by the Claimant. The NAF hires the Attorney who acts as the unbiased Arbitrator. The deck is stacked against you, even though they "claim" there is NO conflict of interest. This means that indirectly, the Arbitrator is hired by the Claimant.

Should I not have answered the claim, an award would have been entered against me. However, in MY case, I filed a counter claim which the Claimant, Asset Acceptance never acknowledged. They failed to answer the counter claim and in the end it too was dismissed by the "unbiased" Arbitrator. So these arbitrations are not set up for the average person to win.

2007    I used to work for Asset I have seen all this first handed, that is why I quit. They treat their employees the same way they treat the people they are calling. While working there I saw a lot of things that I would question, when I did question it, I was told to just do my job and hit my goal or I would be fired. They hire anyone off the streets and they do not give a drug test they claim they run a back ground check, but while I was working there I realized they do not. So remember the next time they call you wanting your information. I am so happy I got out of there.

2007    I got a call from Mark Starr, Asset collector in San Antonio branch telling me about my boyfriends debts & how they will put a lien on our new home & garnish wages. He must've thought I was a complete idiot because I found out the initial date the account was opened was 1994 and closed a year later.  First off a collector cannot discuss this info w/other people who are not authorized. Secondly, I know Mark broke several consumer debt laws by threatening on a lien/wages when under TX law they can not perform such an act. I retrieved the credit reports and just as Mr Hibbs states to the "T" ~ $75 last paid 02/2003. Here is my question, why does it state on all Type of Account description: Factoring Company Account? Who can I talk to to see if there is a law against that false info?
I sent four registered return receipts asking 9 detailed questions (under my boyfriends name of course) and I only get a letter thanking me for my inquiry with a 2nd page being an invoice. The invoice, from Mr Phillips says the debt is still incruing interest and has now hit $12,000. If were to be paid last year at this time it would've been $8,000. What kind of crap are they trying to pull? Well not with me! I TRULY WISH EVERY CONSUMER THAT HAS COMPLAINED ABOUT THIS COMPANY CAN GO FOR A CLASS ACTION LAWSUIT! HOW CAN OUR RIGHTS BE PROTECTED MORE?!

2007    These sick-o's are tring to collect on a debt that is 17 years old, how slim is that? Anyone being contacted by these parasites should tape their calls, they all sound like like recent parolees. I did some research and found these interesting emails for their owners, managers and attorney for anyone wishing to complain to:

MI State Bar:   Michael J. Beach - P45459  Asset Acceptance Capital Corp
PO Box 2036
Warren, MI 4809rreitzel@assetacceptance.com, bbradley@assetacceptance.com ,
dhaider@assetacceptance.com ,  dpickard@assetacceptance.com ,  tdaniels@assetacceptance.com ,
mredman@assetacceptance.com , pallen@assetacceptance.com , jwhitten@assetacceptance.com

Phone: (586) 446-7818   Fax: (586) 446-7838

budhibbs.com