Complaint Review: Rincon Management Services - Corona California

4 months and counting and no summons. These people will bully you by phone, put you on hold to "find out if we can make arrangements" for a payment plan, during which they're probably talking to nobody and just taking a drag of a cigarette. If you disagree they will be rude and say they're going to serve you and to get ready. But what they really want is for you to call back in a panic and agree to meet their demands.

You have to understand their business model: they buy several year old debt for pennies on the dollar, in most cases way past the statute of limitations, calculate out all the interest and claim you owe all that money now. If only one person of hundreds pays then they've made back their initial investment and then some. In many cases they are breaking the law by contacting family and making these demands.

Your story is so much Like Mine!  They have called my elderly parents who live 2-1/2 hours away. My parents are so worried and I have been  too.

So you havent heard anything still?

Do not send these people any money! They've bought paper from somebody for cents on the dollar and are trying to scam you or your father. They can't have you or any family member arrested because it's a civil matter not a criminal matter. If they call again, tell them to be very careful what they say as you're recording them. I did it to a company and have not been called by them in over a year. I didn't and don't own a recorder, but it worked anyway.

This debt may be time barred so do would not have to be paid back:

 Credit card debts become time barred after a certain # of years have passed. This is called the statute of limitations. This time period varies for each state. Google: statute of limitations

If the # of years since your last payment is greater than the time period listed for your state, then the debt is time barred.

Examplde: Mary lives in California and defaulted on an AMEX card and last made a payment in Jan. of 2006.....5 years ago. The Statute of Limitations in Calif is 4 years, so this debt is outside the Statute of Limitations and is time barred. If her creditors took her to court they would loose, assuming she showed up and used the Statute of Limitations as a defense. Once this time period is up, creditors become legally powerless over you. All they can do is call and annoy you into paying.

At this point you can send a Cease Communications letter and be done with them: http://www.budhibbs.com/cease_comm.htm

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Never assume that any legal threat for debt collection is a real legal threat. Debt collectors LOVE to pretend that they are (or work for) attorneys to scare you into paying and to get your checking account numbers. There's a quick way to fine out. Next time they call and make a legal threat, ask for the full name of their attorney and their license number in the state bar association. If they refuse to give this info to you, then the legal threat is bogus

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When a debt collector first contacts you, you have rights under a federal law called the Fair Debt Collection Practices Act. Your first step should always be to request validation of the debt. Even if the debt is valid, request validation anyway. Send them a letter via Certified Mail + Return Receipt (do not use regular mail) stating:

Per the Fair Debt Collection Practices Act, I am requesting written validation of this alleged debt, to a copy of the original signed contract with my signature. I cannot respond to your claim until validation in this form of a copy of the original signed contract with my signature has been presented.