Asset Acceptance Capital Corporation owns several companies that use Asset Acceptance as a trade name. Asset Acceptance Capital Corporation was founded in 1962. At the present time the corporation is headquartered in Warren, Michigan as well as Asset Acceptance, LLC. Asset Acceptance, LLC specializes in purchasing of defaulted consumer receivables and renegotiating the settlements of the debts instead of the initial lender. The company gets a sufficient discount while purchasing the debts. Asset Acceptance, LLC provides asset-backed certificates, debt settlements, and many other related services. There have been a lot of complaints filed against fraudulent and predatory business practices of Asset Acceptance.
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