Asset Acceptance
Reviews and Complaints
Review about Funds On Hold
Asset Acceptance Brandon Fl
I am not sure how come this company continues to do illegal actions, and the courts and judges just continue to allow it. Back in 2006 we were one of families hit with the increase of high interest rates on our home we lived in for 13 yrs, and almost went to foreclosure, I had lost my job due to medical reasons, all in the same year I kept paying the high payments on the house but a few of our credit cards got real behind, all my creditors worked with me except, for Capitol one Chase and citi, at Most I owed 2 of the cards were $500 and one was $1000, max limit.
But as the story goes they kept charging late fees and then the late fees caused it to go over limit then the over limit fees started, none of these three co worked with us. We short sold on our home, and the credit card companies put a judgement on us, all in this one yr, 500 charges turned into oweing them thousands, These companies did a charge off and damaged our credit, but then the fun began three other companies bought these and they doubled the amount I owed, and reported as well on my credit, and then asset acceptance bought it out in 2010 4 yrs later, and now on one card alone they said we owed 12 thousand dollars, on the other on 8000 and on another 14 thousand, how does 500 turn into 12 thousand. I requested a detailed bill from the begining on all charges they refused, and to this day dec 2013 they refuse. In 2011 they went into our saving account which we had just gotten passed on to us from the passing of a loved one.
They took 12 thousand out of our bank account without notice warning, letters etc. left us 56 dollars to our name. No proof of debt nothing. We went and had to file a wage exemption that took us 4 months to get to court, for the judge to only give us back 3000 dollars and give asset acceptance 8300.
for what no proof of us owing this nothing. The judge just gave them the money. And gave us a satisfaction letter. And now 2 years later My husband receives his check and its 500 less, no notice no letters nothing, asset acceptance is garnishing us again for what ?
The 3000 the judge gave back to us now it turns into 8900. When we have a satisfaction letter from 2 years ago. When does this maddness stop, and how can they just go to the court house and order a garnishment of funds with no proof, or charges they made up. Due to our dismay, we are again broke because of the money they took and cannot afford lawyer.
This company needs to be sued for the illegal actions they keep doing to people. I understand having a negative on my credit report at first by capitol one and chase and citi.
But why does the law allow these companies to sell over and over, and report over and over to where the consumer cannot fix the problem even if they wanted to, because of all the charges.
Anyone ever get a letter offering a large REFUND??
Asset Acceptance reporting judgment/lien on debt discharged
Rec'd 9,804 calls from Asset Mgt past 4 yrs
Changed time frame of purchase
*** ACCEPTANCE are a scam "watch out"!!!
These people are calling my daughter
PAID OFF CREDIT CARD, ASSET STILL TRYING COLLECTION
Letter from asset acceptance,llc
I AM SICK OF THE CALLS!!!
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Verified Reviewer | Chillicothe, OhioStole money out of checking account
Asset Acceptance fraudulent and illegal
I sent this letter to Asset Acceptance who filed a lawsuit against me and never served me:
This letter is sent in response to several anonymous phone calls I've received in which you don't identify yourself when leaving messages (I googled your phone number); and a letter from an attorney willing to represent me because you filed suit against me in 18th District Court in Westland, MI. I have not even been served and this attorney found the listing and contacted me.
I am requesting that you provide validation of this debt. Under Fair Credit Collection Practices ACT, this debt falls under the "Time-Barred Debt" section. In the State of Michigan this is 6 years (http://www.legislature.mi.gov).
If you do not comply with this request, I will immediately file a complaint with the Federal Trade Commission and the State of Michigan Attorney General's office. Civil and criminal claims will be pursued.
Wow what a horrible company.
Attempt to settle accounts
Harrassing calls from Asset Acceptance
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In 2010 they took $17000 from our bank account without providing any validation whatsoever. This was for a $5000 debt that we acquired in 1995 and had paid over $8000 on the debt before Asset Acceptance took our funds. The really sad thing about it is that the courts allowed it.
First all you are not helpless or hopeless, that is what these debt buyers want you to think and feel. Check your FDCPA and FCRA laws on the internet there is a lot of information that may help you find out that Asset Acceptance maybe breaking the law and you maybe able to sue them or at least get them to stop harassing you.
Check your credit reports and see if they are still reporting your paid in full debt to the credit bureau as unpaid. Call all three credit bureaus and get a copy of you credit report. You are entitled one free each year from each bureau and dispute with each one in writing any information you know is false. Illegal credit reporting is a federal offense.
If you prove that they are putting false information in your credit files make copies and send to credit bureaus. Credit bureaus are not allowed to report false information, Be clear and precise when disputing. Remind them of the FDCPA and FCRA laws after you have studied them yourself. Complain to the CFPB and FTC and even tell your story to you Attorney General.
Some consumer lawyers will give you free consultation and also check your local Legal Aid Service. Look online and find attorneys who have fought won against Asset Acceptance or any debt buyer that has committed illegal tactic against consumers. These are just a few suggestions.
Hope they help. God Bless You!!!
This company has garnish my wages without sending me any court notice to appear in court or to show me that this was my account. The contact number does not work and I work a few blocks away from their so called office but there is never anyone there. I called the Justice department and found out that they are under a investigation for illegal debt collection.
They have been harassing me for some time now, over an electric bill they say I owe from 2000. I was separated and the house was sold.
When my ex-wife sold the house she had to prove there were no outstanding bills. She did not keep 14 year old bills. I have asked for a copy of the bill, AA says they do not have one. I have contacted the electric company, I have a friend who knows people in high places at the electric company.
They say they do not have the bill.
I agree AA needs to be taken to task. I don't know how anyone can get into a bank account with no proof.
14 years, your debt has probably reached the Statute of Limitations in your state so look up what your state's Statute of Limitations and when they call, tell them that!!