- Report: #508407
Complaint Review: Asset Acceptcance LLC - CLEVELAND Ohio
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Asset Acceptcance LLC
CLEVELAND, Ohio, United States of America
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Asset Acceptcance LLC I JUST FIND OUT THEY TAKE A MONEY IN MY BANKRUPTCY CHAPTER 13 I DON T KNOW THIS COMPANY CLEVELAND, Ohio
ASSET ACCEPTANCE LLC . I FIND OUT THIS MONTH THIS COMPANY TAKE MONEY IN MY CHAPTER 13 I DON T KNOW THIS COMPANY I DON T KNOW HOW THEY CAN
TAKE MONEY IN MY ACCOUNT. LOOK LIKE IS OK HERE IN USA COMPANY FRAUD COMSUMER . THIS KIND OF COMPANY GET RICH IN FRAUD CONSUMER IS UNFAIR.
2 Updates & Rebuttals
Tim
Grand Haven,Michigan,
U.S.A.
It's more complicated than that
#2Consumer Comment
Tue, October 13, 2009
It's a Chapter 13 issue, so its not likely to be a bank account matter.
What happened (I am surmising, based on experience), is that the OP filed Chapter 13. When you file a Chapter 13, or any type of bankruptcy for that matter, a letter goes out to each of your creditors informing them of the filing and their rights.
A Chapter 13 consists of a repayment plan, wherein a portion of the debtor's debts are repaid over the course of three to five years. At the end of that time period, the debtor receives a discharge of most, if not all, of his remaining debts.
Creditors share pro-rata in the plan proceeds. In order to do so, however, they must file a claim against the estate.
So, to be taking money from the OP's bankruptcy estate, Asset Acceptance must have filed a claim.
The debtor's attorney, as well as the Trustee, has the option of objecting to the claim, in which case litigation will ensue and a judge will decide.
Apparently, either there was no objection to this claim, or a judge decided that the claim was valid.
Many times, when someone files Chapter 13, an original creditor will either sell the debt to a third party, or outsource the process of collecting the bankruptcy proceeds. I happen to know that Asset Acceptance is an agency used for this purpose.
So its not unusual, even if the debtor has never heard of Asset Acceptance, for them to be getting money out of the bankruptcy. If the debtor is curious, the claim form filed by Asset Acceptance should list the identity of the original creditor.
Steph
Minor Hill,Tennessee,
USA
Are they taking it from your bank account
#3General Comment
Tue, October 13, 2009
is this company taking money from your bank account. If they are I would report it as fraudulant transaction and I would close the account and reopen it with new #s.
