Complaint Review: Capital Acquisitions & Management Company - Rockford Illinois

CAMCO, Inc. P.O. Box 5087 Rockford, IL 61125 General Information Original Business Start Date: July 1997 Principal : Mr. Jeffery Garrington Compliance Officer Phone Number: (866) 745-5420 Fax Number: (815) 968-1577 Type-of-Business Classification: Credit-Collection Agencies The information in this report has either been provided by the company, or has been compiled by the Bureau from other sources. Nature of Business Capital Acquisitions & Management Company also known as CAMCO purchases delinquent accounts either directly from the original creditors or from a subsequent holder of accounts. Any accounts that they are collecting on are believed to be owed and therefore now owed to CAMCO. It is important to remember that each state has its own Statues of Limitations applicable to unpaid debts which could be anywhere from four to ten years. However in most states, including Illinois, the expiration of that the Statue of Limitation merely extinguishes the right to sue on or other wise legally enforce the debt, and does not extinguish the debt itself. There does not appeared to be anything that prohibits a collector from seeking voluntary payment of the debt as long as the collector does no pursue or threaten the debtor with litigation. CAMCO will provide verification of the debt upon request and if CAMCO is unable to provide verification of the account the account is cancelled and will not be resold. Customer Experience The complaints on file allege that representatives have been rude and/or the consumers allege that they do not own the debt or it has been discharged in bankruptcy. When evaluating complaint information, please consider the company's size and volume of business. The number of complaints filed against the company may not be as important as the type of complaints and how the company handled them. Closed Complaints Number of complaints processed by the BBB in last 36 Months: 222 Number of complaints processed by the BBB in last 12 months: 119 Complaints Concerned Repair or Service Issues: 1 Outcome of the complaint - Resolved: 1 Product Quality Issues: 2 Outcome of all complaints - Resolved: 2 Refund or Exchange Issues: 3 Outcome of all complaints - Resolved: 3 Contract Issues: 3 Outcome of all complaints - Resolved: 3 Customer Service Issues: 112 Outcome of all complaints - Resolved: 112 Credit or Billing Issues: 101 Outcome of all complaints - Resolved: 101 Licensing Information This company is in an industry that may require licensing, bonding or registration in order to lawfully do business. The Bureau encourages you to check with the appropriate agency to be certain any requirements are currently being met. Additional Information Additional Doing-Business-As Names: Camco Acquisitions and Mgt. Co Capital Acquisitions & Management Co Captial Acquisition and Manage Additional Addresses: 303 N Main St, Rockford, IL 61101 854 E. Algonquin Rd.P.O. Box 5087, Rockf, Schamberg, IL 60173 Additional Phone Numbers: 866-745-5420 815-968-1577 Fax 888-320-3144 877-298-0845 847-303-5145 Company Management Additional company management personnel include: Ms. Sue Faber, Administration Mrs. Sara Fredrick Mr. Eric Woldoff, President Ms. Reese Waugh, Ex VP/COO

I have sent a coppy to every address that I could find: 303 N. Main Street Rockford, IL 61125, I have also found this CAMCO address 913 N. Main Street Rockford IL 61125. If you wish you can send C&D to the P.O. Box also Just make a photo copy of the letter with the envalop on top, and keep that in your file. You can also fax this letter top them also 815 964-5986 Keep the fax recipt, but still send it via mail. If you are using the C&D letter I posted a few days ago I hope it helps it seems to be working for me. ALso File a report with the FTC, this site is of grat help: http://www.usdoj.gov/civil/ocl/con_info.htm GOOD LUCK

Shellie--Good for you on seeing through this "company" and getting your cease and desist letter in place. I sent mine to 303 N. Main Street in Rockford (can't remember the zip code, but you can find it at USPS.com). Be sure to certify the letter. If you send it to the PO box, they are likely to ignore it -- if you send it to the street address certified, the letter carrier hands it to them and has to watch them sign it. I addressed my letter to "Dear Sir or Madam" (which is pretty generous, considering the lowlifes who run that place). Also, if you really want results, write your state attorney general's office, copy the letter, and place it along with your cease and desist letter to SCAMCO. My AG's office wrote to CAMCO and told them to explain why they were bothering me. Of course they had no good answer and closed my account. I haven't heard from them in almost six months. Best of luck!