Complaint Review: Asset Accptance LLC - Warren Michigan

I had a truck stolen in October of 1996. The Insurance company paid the bank. After they went back and forth for years over the amount, the bank gave up. Then years later a collection agency picked up the account. I had to get a lawyer to stop them from harassing me. Now they keep messing with my credit reports adding that I owe them more money each month. This is illegal, that can not collect extra money. Also it has been 10 years and no legal action by the bank or nor the collection agency has been taken, they just mess with my credit. They keep changing the contact date on my credit report. This Collection Agency is ASSET ACCEPTANCE LLC.

Carlos, You are entitled to damages from illegal debt collection. Go to FTC.gov and read and print out the FDCPA and the FCRA to see the violations. Contact the NACA for a lawyer who specializes in this sort of thing. Here is the info on Asset Acceptance: Agency Details Asset Acceptance Corp.***** 28405 Van d**e Avenue Warren, Michigan 48092 Phone: (586) 446-7818 Fax: (586) 846-7837 Web Address: assetacceptance.com (Branch offices in Baltimore, San Antonio, Cleveland, & Brandon, FL.) 2840 S. Falkenburg Road, Riverview, FL 33569 (Physical Office in Brandon, FL) >>>>>>>>>>>>>>>>>>>>>>>>> 10500 Highway 281 N. Ste 150 San Antonio, Texas 78216 Phone: (210) 979-3600 Fax: (210) 979-3659 >>>>>>>>>>>>>>>>>>>>>>>> Bud Says... ONE OF AMERICA'S WORST COLLECTION AGENCIES! ********** FORMER ASSET EMPLOYEES********** We Need Your Help! Please Email Us Here or Call our Office ********** CONSUMER NOTICE********** ARE YOU A VICTIM OF ASSET ACCEPTANCE CORP? HAVE YOU BEEN SUED BY THEM? WAS A JUDGMENT OBTAINED? ARE YOUR WAGES BEING GARNISHED, BANK ACCOUNT LEVIED? IF SO, PLEASE GET IN CONTACT WITH ME. ************************************* Asset Acceptance Corp.(AAC) is now a publicly traded company. (Nasdaq: AACC) They purchases old portfolio's of mostly worthless charged-off accounts for pennies on the dollar. Once owned, they inflate the value of the portfolio, send out dunning notices and try to collect at a ridiculous profit. Don't be surprised if you notice the date of last activity on your credit report, as stated by AAC is WRONG! Deliberately changing the date of last activity is a way to scam consumers into thinking they are entitled to money they would not legally be allowed to collect. This is standard procedure for them -- from "re-aging" the debt on the credit history, to suing on what is probably a statute of limitations claim, to reneging on a written promise. These liars, thieves and snake-oil salesmen are trying ALL the con's known, to grease their pockets with your money. Watch out too for the mystery $50-$75 payment that is claimed to have been revived on the account. When pressed, they claim to do an investigation and "discover" that they made a "clerical error" and mistakenly posted someone else's payment to your account. (LIARS!) NOTHING this 'House of Cons' does should be believed or taken at face value. They have proven over and over they are liars and thieves! Under federal law, the Fair Credit Reporting Act (FCRA) an account may ONLY stay on a credit report for seven years. One of the cons being used by Asset Acceptance is to claim you made a $50 payment, which would have re-started that clock. Unfortunately this is a 'bogus-claim' by AAC, is illegal and violates your rights. Asset Acceptance Corp has earned the distinction of one of "AMERICA'S WORST COLLECTION AGENCY'S". They lie, steal, cheat, misrepresent, file bogus claims, create phony documents and commit perjury in the court system JUST to increase their bottom line. Compliments of: budhibbs.com.>>>>>>>>>>>> I hope this helps you get paid!