TG Capital Investments Not registered company in Texas Scam. Do Not pay them. file complaints ripoff Arlington Texas
Attention. Attention. Attention
DO NOT PAY THEM THEY HAVE A P.O. BOX
This company I believe is obtaining information off Credit reports of people. They then send out letters claiming you owe them money. There letter looks
offical. They even have a P.O. Box and an 800 number. They threaten to sue. They are in violation of FDCPA. I know they pulled a credit report. The address (which is mispelled etc. is on my report exactly as they put it on the envelope. They also held the letter and dated it for July 2, 2007. It did not arrive till the 10th. The postal service can deliver mail arcross the country in 4 days. This is to shorten the 30 day validation period. NACA attorney's love to rip up scamartists and bozo collectors. They hate it when a motion to compel Discovery is filed.
I suspect they there are scamming people into paying them. DON'T!
Instead File Complaints with Texas Attorney General's office, Federal Trade Commission, FBI, United States Postal Service (Mail fraud). I am sure some of those Texas Rangers would love to get their hand on these scam artists.
I checked out this company. They have no registration with State of Texas. They are scam artists attacking good Americans: I checked out this company. The results are below:
RE: TG Capital Investments L.L.C. request for free information
Date: Thu, 12 Jul 2007 12:53:20 -0500
From: "Corporations Information"
To: deleted to protect my email address
Our records reflect no active or inactive listing for TG Capital Investments L.L.C. as a corporation, limited liability company, limited partnership, or assumed name. Not all entities are filed with the Secretary of State. Sole Proprietorships, General Partnerships, and Joint Ventures are filed at the County Clerks office of the county in which they are located. If you know the county, you can find the phone numbers for County Clerks offices at: http://www.sos.state.tx.us/elections/voter/cclerks.shtml.
We do show:
This search was performed on with the following search parameter:
ENTITY NAME : TG Capital Investments L.L.C.
Mark
Filing Number
Name
Entity Type
Entity Status
Name Type
Name Status
702974122
TG CAPITAL, L.L.C.
Domestic Limited Liability Company (LLC)
Forfeited existence
Legal
Inactive
151641000
TTG CAPITAL, INC.
Domestic For-Profit Corporation
In existence
Legal
In use
I did not contact the County Clerks office. They claim to be a LLC. Therefore they should be listed with Secretary of State of Texas.
Follow these rules: Never ever talk with a debt collector. TG is a scam. DO Not Send them Money!
When in doubt, Hire a NACA attorney. Mine is the Best!
This company is posing as a LLC Company in Texas. No registration suggests that they are scam artists preying on these that don't know their rights.
STEVE I need your help on this one.
Please Comment and give advise!
James
New York, New York
U.S.A.
2 Updates & Rebuttals
John
Califon,New Jersey,
U.S.A.
Nice try
#3Consumer Comment
Fri, March 28, 2008
but you need to check YOUR facts.
Since you admit to BUYING an alleged debt, you MUST be registered within that state to try and collect if the state requires.
Just because you are trying to collect a debt does not mean you have permission to in that state without being registered. It is up to the State to determine that.
Their are states that allow an entity to collect for an active creditor who actually holds the debt to attempt collections without being registered.
William
Gilbert,Arizona,
U.S.A.
Person who filed this report failed to do his due diligence
#3UPDATE Employee
Thu, March 27, 2008
This rip off report seems to hinge on the fact that the company is not registered as a Texas LLC. This is correct, they are not registered in Texas, but like many companies, especially in the financial industry, they register in other states that offer advantages to the company. If the person who filed the ripoff report had done a search of the Nevada Secretary of State's filings he would have found that TG Capital Investments is a registered LLC in that state and is active and in good standing.
TG Capital Investments is a legitimate company who purchases deliquent accounts from the original creditors and then collects on the balance owed. This is perfectly legal and it is a common practice for the large banks to sell off accounts they are unable to collect against.
My suggestion is that before publishing a comment that libels an entity the person who posted this report should make sure he checks all his facts.