HELP! I am having issues with Asset Acceptance.

Anonymous · ‎05-08-2007

Help!!! I am having issues with Asset acceptance. Approximately two months ago I was contacted by them in regards to a Capitol One card that I had. The account is past the SOL and the 7 year time clock, it no longer appears on any of my reports. I wrote them a Debt Validation letter and mailed it out on March 28, 2007, certified sig. required. I have yet to hear anything from them, until TODAY! The dorks called me.

I am not really sure how to proceed from here? Do I write another letter? I am not even sure if this call is about the Capitol One card or possible another account. When I sent the DV, I stated that I did not want to be contacted by phone and that all further communications should be in writing.

Please, any help that you have will be greatly appreciated.

Anonymous · ‎05-08-2007

First you need to clarify what account it is they are hounding you about. Can't really do much without that info. If you determine it is the Cap One SOL account, I think you're on the right track with the DV. Just be glad it hasn't hit your files as a re-age, that's a plus! I actually have successfully disputed and removed Asset Acceptance LLC for the same exact scenario. I think it was Mechanic's Bank or some other nonsense mastercard I had back in the late 90's.

Message Edited by devhip on 05-08-2007 10:01 PM

Anonymous · ‎05-09-2007

Good luck with those guys! I had to deal with them for about two years on a account that wasn't even mine ! Finally got rid of those idiots about 4 months ago and only after I had to notify them that I would be filling a lawsuit. then majically appeared this nice letter from them stateing that they would be removing the TL from my reports and no other collection efforts would be made. they even apologized !

Tuscani · ‎05-09-2007

File a complaint with the MI attorney general. Asset acts on that (speaking from experience).

Anonymous · ‎05-29-2007

Thanks for all of your advice so far.

I just received a letter from Asset Acceptance. It was a reply to the Debt Validation letter I sent to them on March 27, 2007. This letter included: prior acct number, prior/original creditor, my name, principal, interest/fees, balance, last transaction date, and personal information(address, phone #, and SSN).

When I first wrote about this account I was curious about the SOL, which is 6 years in Oregon. So, my question is what do I do next? It is apparent that the SOL has expired on this account. Does anyone have any suggestions on a letter, etc? I must point out the Asset was extremely polite in the reply letter.

Thanks again,

newjbw

Message Edited by newjbw on 05-30-2007 03:54 PM