This company has also come after my husband for a prevous debt (before I even knew him) on a car loan he co-signed for his daughter over 8 years ago.
Much to my surprise, while we were on vacation, they froze my bank account and stole over $700!!!
I have been fighting with this company to get at least half of my money back, (since it was a joint account) I have a right to my portion of the money. (even though every penny was mine and not my husbands).
I have continually asked to them to send us documents of how they came to a figure of over $11,000. since the car didnt even cost that much to begin with and the car was obviously re-sold after it had been repossesed.
Today we (my husband) recieved another threatening letter saying that they have created a lien upon any real estate we presently own (which we have none) or may try to buy in the future.
They also state in the letter: "This judgment will also appear on all your credit reports and will be in existance for the next 20 years".
They are also threatening to garnish his wages. I found out that your wages can not be garnished by more than one company. My husband is already paying out over $1,100 per month to his ex wife for alimony and he can not pay this debt.
So today, I went online and filed a complaint with the FTC. (Federal Trade Commission). I'm not sure if it will help, but we dont know what else to do.
This company is RUTHLESS. If you have a bank account and are in debt with this company, I highly recommend closing your bank accounts! Because they can will take every penny you have!
EDitor's Suggestions on how to get your money back!GODSBOI
WATERLOO,#2REBUTTAL Individual responds
Sun, September 16, 2012
these guys fein such kahn shepard are truly the pits they sent this letter to my fiancee trying to collect $11000 dollars from her asking for all her personal info. i work law enforcement in my state and i have many friends who are lawyers first we sent them a certified letter back asking them for a "verification letter that spells out the debt details of the original debt' also any and all proof of letters of the amount that they paid to buy the debt and any and all cost associated with them purchasing the debt.
the reason for this is so that they are not trying to over collect which can be deemed unfair. also to prove if their law firm is also the debt collection company acting in a dual role. debt collection companies must be bonded to collect debt. we also filed a motion in court asking a judge todecide whether it will be safe to turn over this important inormation to a law firm with so many complaints off alledged fraudulant acts. and we let them know that we will fight them thru every court we can even to the supreme court. its been three months no answer. we have also ask a judge to set aside their judgement.