- Report: #407164
Complaint Review: ARA Asset Recovery Associates - Schaumburg IL. 60168-4009 PO,BOX 4009 Nationwide
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ARA Asset Recovery Associates
P.O Box 4009, Schaumburg, IL Schaumburg IL. 60168-4009 PO,BOX 4009, Nationwide, U.S.A.
Phone:
888-310-1550
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ARA Asset Recovery Associates ripp off Schaumburg IL. 60168-4009 Illinois
The Company Asset Recovery Assets inquired me to send my account nr. (They don't accept credit cards) for a 12 years old debt that I do not remember having it. They demand first to pay 961$ and we got to a settlement for 150$. I suppose that it is a fake company and I filed a complaint with the Federal Trade Commission. Now I need big help. They have my social security number and all my other personal information. How can I prevent an identity theft? Thanks
Julian xxxxxx
westminster, Maryland
U.S.A.
CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
Julian xxxxxx
westminster, Maryland
U.S.A.
CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
1 Updates & Rebuttals
John
Louisville,Kentucky,
U.S.A.
FYI
#2Consumer Comment
Fri, January 02, 2009
For your information: 1) Once a debt is past the statute of limitations, you do not have to pay it...12 years is WAY outside the statute of limitations. You could have sent them a Cease Communications letter and that would have been the end of it I hope you did not give them your checking account numbers to make this payment. Once they have this info they can attempt to withdraw any amount from your checking account at any time. If you did, cancel your checking account IMMEDIATELY...otherwise, expect them to take every penny you have out the account. 2) By making a payment on this debt, you have validated the debt as legitimate and you have reset the statute of limitations. If you reached a settlement over the phone (without a written agreement), they will not honor it. They will probably be calling you in a few weeks demanding more money 3) When a debt collector first contacts you, your first step should always be to request validation of the debt per your rights under the Fair Debt Collection Practices Act. Even if the debt is valid, request validation anyway. Send them a letter via Certified Mail + Return Receipt stating: Per the Fair Debt Collection Practices Act, I am requesting written validation of this alleged debt When they call back, tell them: I have sent a certified letter to your office officially requesting written validation of this alleged debt per my rights under the Fair Debt Collection Practices Act. Per this federal law they must provide written validation within 30 days and they must cease collection activity until they send you written validation. Do not let them scare you with bogus threats during this period. This will give you breathing time to explore your options. It's too late for this now if your case. 4) NEVER, EVER give out your SS# over the phone
