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From what I've read, Asset Acceptance does not accept PFD's or GW offers.
But you never know, someone has to be first. Maybe you'll be the first, they accept a PFD from.
Or maybe, we are not hearing from the people who had Asset to agree with a PFD.
You can send a DV letter and if they dont verify, they may sell the debt to another CA, one that may accept PFD"s.
Asset Acceptance is owned by the parent corporation, Asset Acceptance Capital Corporation.
There are many threads here on Asset Acceptance.
Suggested you read thru some of them, to get the feeling on how they operate.
@AshCas wrote:
I've read thru all of the previous posts on Asset Acceptance - they seem super difficult to work with. I'm just curious if I should use the fact that they're not licensed to collect the debt in my state to my advantage...
Does your state require them to have a license? Also, I'm not sure that it would matter (reporting wise) anyway. I think it might only matter if they are taking you to court or calling/mailing you for money. Maybe RobertEG or someone will reply about this.
Asset Acceptance is difficult to deal with and they don't do PFDs. I was actually successful getting rid of them on my old Bally's account and delete the TL without paying but that is because they lied and I had it in writing and I told them I will sue them and they just sent me a letter saying they will close the CA and delete the TL. I called to basically do a PFD and the guy on the phone told me they don't do PFDs and told me that for 30% they will consider it closed and paid in full. I told him to send me a letter. I then emailed the Asset Acceptance CEOs and compliance officer and she told me after checking with the manager they will agree to PFD and sent me a letter stating that...
Well fast forward 5 days they sent me a letter stating they will PFD..I jumped up and down for joy..ready to pay and get this over with...it was friday so I told myself I will call them Monday and do this..Lo and behold on Saturday I get another letter stating...Thank you for making arrangements with Asset Acceptance. Your Payment arrangements are accepted and 30% will be your first payment..it was a letter from the guy I originally spoke to on the phone that told me that 30% will be PIF, but then created this elaborate Payment Arrangements - 3 payments with 30% down..
Well Monday I fired of an email, scanned both letters, basically told the CEOs and compliance officer of their trickery and that they commted fraud and within 48 hours they emailed me back apologizing and telling me that they will send me a letter stating the account is being closed and they are stopping their collection activity and deleting the TL. I was ready to sue them too...came really close...I had bunch of CRMMM over 90 days, bunch of emails and these 2 conflicting letters....I guess thanks to their lack of communication I saved myself $280 bucks and TL was deleted..
This was luck though...currently another company is playing hardball though...LHR....arghh....hate them
@MarcinXP wrote:Asset Acceptance is difficult to deal with and they don't do PFDs. I was actually successful getting rid of them on my old Bally's account and delete the TL without paying but that is because they lied and I had it in writing and I told them I will sue them and they just sent me a letter saying they will close the CA and delete the TL. I called to basically do a PFD and the guy on the phone told me they don't do PFDs and told me that for 30% they will consider it closed and paid in full. I told him to send me a letter. I then emailed the Asset Acceptance CEOs and compliance officer and she told me after checking with the manager they will agree to PFD and sent me a letter stating that...
Well fast forward 5 days they sent me a letter stating they will PFD..I jumped up and down for joy..ready to pay and get this over with...it was friday so I told myself I will call them Monday and do this..Lo and behold on Saturday I get another letter stating...Thank you for making arrangements with Asset Acceptance. Your Payment arrangements are accepted and 30% will be your first payment..it was a letter from the guy I originally spoke to on the phone that told me that 30% will be PIF, but then created this elaborate Payment Arrangements - 3 payments with 30% down..
Well Monday I fired of an email, scanned both letters, basically told the CEOs and compliance officer of their trickery and that they commted fraud and within 48 hours they emailed me back apologizing and telling me that they will send me a letter stating the account is being closed and they are stopping their collection activity and deleting the TL. I was ready to sue them too...came really close...I had bunch of CRMMM over 90 days, bunch of emails and these 2 conflicting letters....I guess thanks to their lack of communication I saved myself $280 bucks and TL was deleted..
This was luck though...currently another company is playing hardball though...LHR....arghh....hate them
I guess I got lucky with LHR. I sent them a timely DV in response to a dunning notice, and I guess they couldn't validate, so deleted from my credit report after sending me a letter saying after a review of my account, they had decided to cease all collection efforts and would be deleting their submissions from my credit report. It took a while. They sent me a letter dated 2/13/12 and it was finally deleted on 3/15/12.
would anyone on this thread be able to pm me the emails of the ceo's of asset acceptance? please and thank you
This thread is way over a year old. You might do better to start a new one with the subject.