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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
Head
Debt Collectors:
Arthur Stern –
Chairman of the Board, Asta Funding
Gary Stern -
President & CEO
Mitchell
Herman, CPA - EVP, CFO, Secretary
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.)
Bud Says
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 the experts at:
www.naca.net to go after these deep pocket icons of American
enterprise. Let owners Arthur Stern, Gary Stern and Mitchell Herman know
what you REALLY think of them and their dumpster diving business.
CAUTION:
I recommend you
NEVER
disclose your bank account or credit card information to a debt collector, as you
risk them emptying your account, or maxing out your
credit card. If you feel they are reporting on your
credit bureau files in error or need assistance in
dealing with them, email the details
w/your
location. Assistance and referral to a consumer
legal specialist may be available.
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Palisades
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