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  • Report:  #52372

Complaint Review: Capital Acquisitions & Management Company - Rockford Illinois

Reported By:
- San Francisco, California,
Submitted:
Updated:

Capital Acquisitions & Management Company
P.O. Box5087 Rockford, Illinois, U.S.A.
Phone:
847-303-5145
Web:
N/A
Tell us has your experience with this business or person been good? What's this?
I have recently been victim to the terror tactics from Capital Asset Management Company located in Rockford IL. They apparently have purchased an old debt of mine from Citibank. The credit card debt is well past the statute of limitations.

CAMCO has called multiple times a day, harassing me with the intent to annoy even after I have asked them not to call this number. The only name the guy would give me was Mr. Ball, but that sounded suspicious. I was able to obtain their street address and verify it using Mapquest.com and Switchboard.com. The phone number listed has the same area code and prefix as the numbers on my caller ID. Here is their address and phone;

Capital Acquisitions & Management Co

854 E Algonquin Rd

Schaumburg, IL 60173-3864

Phone:(847)303-5145

The last conversation on April 10th, 2003, I asked for proof of validation of this debt under the Fair Debt Collection Practices Act (FDCPA), section 809 entitled Validation of Debts. Mr. Ball responded with yelling and stating over and over, Pay the debt Mr. XXXX.

I would encourage you all to visit this website;

http://www.creditinfocenter.com/rebuild/debt_validation.shtml

It even has a sample letter to download for validating the debt and I would recommend adding to that certified letter this statement;

Please accept this letter as notice that you are not to contact me via telephone and may only contact me in writing in connection with this matter. Pursuant to the federal law, Fair Debt Collection Practices Act, you may not contact me via the telephone once I have notified you not to do so."

Please contact the following entities regarding this matter as well;

http://www.rrstar.com/business/services/20020801-9509.shtml

WHERE TO COMPLAIN (A starting place,..)

Federal Trade Commission Online Complaint Form

https://rn.ftc.gov/dod/wsolcq$.startup?Z_ORG_CODE=PU01

U.S. Postal Inspection Service Mail Fraud Online Complaint Form

https://www.usps.com/postalinspectors/fraud/MailFraudComplaint.htm

Better Business Bureau Online Complaint Form (CAMCO is a member of the BBB which should tell you something about the BBB, but still complain anyways, it never hurts.)

http://www.bbb.org/bbbcomplaints/SelectComplaintLinkFrameSet.asp

Office of the Illinois Attorney General Jim Ryan - Consumer Complaint (PDF Form)

http://www.ag.state.il.us/consumer/file.htm

Good Luck All and never give in to them.

Rodney

San Francisco, California
U.S.A.


10 Updates & Rebuttals

Rodney

San Francisco,
California,
U.S.A.
Pay your bills - what irony

#2Consumer Suggestion

Sun, May 25, 2003

Please, Esther of Chicago, do not preach your moralistic sentiment here, telling people they should pay their old debts. Every situation is different and you do not the circumstances behind each and every bad debt case. I find your preaching about integrity a little ironic. You WERE working for a company that purchases bad debts for pennies on the dollar hoping to make a quick buck. They force their employees to harass individuals, old retirees, many on their death bed. There are many such postings on this forum. And to top it off, they knowingly break the laws in their so called, recovery process. I stopped CAMCO scum dead in their tracks by threatening them with a cease and desist letter and I urge any individual that has fallen victim to their unlawful practices to do the same. I would also hope Ms. Esther of Chicago all the luck in paying her bills now that she is unemployed.


Esther

Chicago,
Illinois,
U.S.A.
Pay your bills

#3Consumer Suggestion

Sat, May 24, 2003

I am a former employee of Capital Acquisitions and management. I worked for the company in question for about three months but was fired due to lack of performance not because I failed but because people like the ones who started this web site failed. Sure there is a statue of limitations that protects the debtor from annoying calls about bills and that information is assessable for any one who seek to silence the massager from requesting payment on serviced or goods which the debtor knowingly secured though a line of credit or what every means. The statue of limitation only grants you silence when you have no conscious of your own. However, it does not mean you did not open and use the line of credit in which payment is being requested for it means you are using the time frame as a tactic to make your self feel good about not keep your end of a bargain! See in America repayment or Filing bankruptcy is the only sure way of relinquish your self of your debt, not playing the waiting game. The statue of limitation does not tell you that you should not pay your bills it just means after a center time frame creditor can no longer take legal action and have to be discrete in ask you for repayment so that it would not effect you future borrowing capabilities basically creditors have to ask you to display the integrity you some how fine the means to use on a daily basics or maybe you just do not have any intergrity at all in that case who is the real loser the company's that you has betrade and defrauded or you because in trying to save a few dollars after 10 yrs of knowingly evading your debt even now when your credit has been rebuilt and you actually have the means to do the responsible thing but still you still opt to lose what little bit of integrity you have left to save money you know is past due and owning


Esther

Chicago,
Illinois,
U.S.A.
Pay your bills

#4Consumer Suggestion

Sat, May 24, 2003

I am a former employee of Capital Acquisitions and management. I worked for the company in question for about three months but was fired due to lack of performance not because I failed but because people like the ones who started this web site failed. Sure there is a statue of limitations that protects the debtor from annoying calls about bills and that information is assessable for any one who seek to silence the massager from requesting payment on serviced or goods which the debtor knowingly secured though a line of credit or what every means. The statue of limitation only grants you silence when you have no conscious of your own. However, it does not mean you did not open and use the line of credit in which payment is being requested for it means you are using the time frame as a tactic to make your self feel good about not keep your end of a bargain! See in America repayment or Filing bankruptcy is the only sure way of relinquish your self of your debt, not playing the waiting game. The statue of limitation does not tell you that you should not pay your bills it just means after a center time frame creditor can no longer take legal action and have to be discrete in ask you for repayment so that it would not effect you future borrowing capabilities basically creditors have to ask you to display the integrity you some how fine the means to use on a daily basics or maybe you just do not have any intergrity at all in that case who is the real loser the company's that you has betrade and defrauded or you because in trying to save a few dollars after 10 yrs of knowingly evading your debt even now when your credit has been rebuilt and you actually have the means to do the responsible thing but still you still opt to lose what little bit of integrity you have left to save money you know is past due and owning


Esther

Chicago,
Illinois,
U.S.A.
Pay your bills

#5Consumer Suggestion

Sat, May 24, 2003

I am a former employee of Capital Acquisitions and management. I worked for the company in question for about three months but was fired due to lack of performance not because I failed but because people like the ones who started this web site failed. Sure there is a statue of limitations that protects the debtor from annoying calls about bills and that information is assessable for any one who seek to silence the massager from requesting payment on serviced or goods which the debtor knowingly secured though a line of credit or what every means. The statue of limitation only grants you silence when you have no conscious of your own. However, it does not mean you did not open and use the line of credit in which payment is being requested for it means you are using the time frame as a tactic to make your self feel good about not keep your end of a bargain! See in America repayment or Filing bankruptcy is the only sure way of relinquish your self of your debt, not playing the waiting game. The statue of limitation does not tell you that you should not pay your bills it just means after a center time frame creditor can no longer take legal action and have to be discrete in ask you for repayment so that it would not effect you future borrowing capabilities basically creditors have to ask you to display the integrity you some how fine the means to use on a daily basics or maybe you just do not have any intergrity at all in that case who is the real loser the company's that you has betrade and defrauded or you because in trying to save a few dollars after 10 yrs of knowingly evading your debt even now when your credit has been rebuilt and you actually have the means to do the responsible thing but still you still opt to lose what little bit of integrity you have left to save money you know is past due and owning


Esther

Chicago,
Illinois,
U.S.A.
Pay your bills

#6Consumer Suggestion

Sat, May 24, 2003

I am a former employee of Capital Acquisitions and management. I worked for the company in question for about three months but was fired due to lack of performance not because I failed but because people like the ones who started this web site failed. Sure there is a statue of limitations that protects the debtor from annoying calls about bills and that information is assessable for any one who seek to silence the massager from requesting payment on serviced or goods which the debtor knowingly secured though a line of credit or what every means. The statue of limitation only grants you silence when you have no conscious of your own. However, it does not mean you did not open and use the line of credit in which payment is being requested for it means you are using the time frame as a tactic to make your self feel good about not keep your end of a bargain! See in America repayment or Filing bankruptcy is the only sure way of relinquish your self of your debt, not playing the waiting game. The statue of limitation does not tell you that you should not pay your bills it just means after a center time frame creditor can no longer take legal action and have to be discrete in ask you for repayment so that it would not effect you future borrowing capabilities basically creditors have to ask you to display the integrity you some how fine the means to use on a daily basics or maybe you just do not have any intergrity at all in that case who is the real loser the company's that you has betrade and defrauded or you because in trying to save a few dollars after 10 yrs of knowingly evading your debt even now when your credit has been rebuilt and you actually have the means to do the responsible thing but still you still opt to lose what little bit of integrity you have left to save money you know is past due and owning


Rodney

San Francisco,
California,
U.S.A.
CAMCO Owner Information

#7Consumer Suggestion

Fri, April 11, 2003

Yes, here is all of their information and an email address for Eric Woldoff, however your emails and letters would be better directed at the FTC and state officials. These slimy individuals do not deserve any more of your time and attention. Let the lawyers and Attorney General deal with them. There is a class action law suit against CAMCO for CA residents in progress. I contacted the lawyer today at www.edcombs.com. I have also heard there are a number of others in progress so do your research. Again, good luck.. Rodney San Francisco From "Debt Buyer's Association" website: Capital Acquisitions & Management Company Eric Woldoff (815) 895-1840 E-Mail: [email protected] Standard Member Owners: Eric Michael Wolduff - Age 38 6721 WOODBRIDGE DR BOCA RATON FL 33434 Reese W. Waugh Age 36 GENOA, IL


JO

San Francisco,
California,
U.S.A.
CAMCO Company-Owner Names

#8Consumer Suggestion

Thu, April 10, 2003

FYI-I just found out the people who own CAMCO are Eric Woldoff and Reese Waugh. Please contact your local media (TV, Radio, newspapers, etc.) to report what this company is doing.


JO

San Francisco,
California,
U.S.A.
CAMCO Company-Owner Names

#9Consumer Suggestion

Thu, April 10, 2003

FYI-I just found out the people who own CAMCO are Eric Woldoff and Reese Waugh. Please contact your local media (TV, Radio, newspapers, etc.) to report what this company is doing.


JO

San Francisco,
California,
U.S.A.
CAMCO Company-Owner Names

#10Consumer Suggestion

Thu, April 10, 2003

FYI-I just found out the people who own CAMCO are Eric Woldoff and Reese Waugh. Please contact your local media (TV, Radio, newspapers, etc.) to report what this company is doing.


JO

San Francisco,
California,
U.S.A.
CAMCO Company-Owner Names

#11Consumer Suggestion

Thu, April 10, 2003

FYI-I just found out the people who own CAMCO are Eric Woldoff and Reese Waugh. Please contact your local media (TV, Radio, newspapers, etc.) to report what this company is doing.

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