• Report: #673571

Complaint Review: ARA

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Mon, December 20, 2010
  • Updated: Wed, December 22, 2010

  • Reported By: Casey — Kent Washington United States of America
ARA
P O Box 5002 Villa Park, Illinois United States of America

ARA Asset Recovery Associates, False Claim of Debt Villa Park, Illinois

*Consumer Comment: advise

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

ARA sent me a letter referring to a past due account with them. I had never heard of them before, so it would be hard to have a past due account with them.

The letter said the original creditor was Key Bank USA na, with a current balance of $14,383.51, and that an "approved settlement" would be$10,068.46. There was no other identification providedfor the debt.

The letter said, "Unless you notify this office within 30 days after receiving this notice that you dispute the validity of the debt or any portion thereof, this office will assume that the debt is valid." They wanted me to either send $10,068.46 (!) or make monthly payments of $50 for an unstated amount of time before they would release my "FINAL RELEASE PAPERWORK."

This is a nonexistent debt. I have never had an account with Key Bank. I just went to the Key Bank and confirmed there is no record of me or the account number ARA listed to Key Bank. The customer representative called ARA and ARA could not confirm the claim based on the ARA file number on the letter. Key Bank said the original account number givenis not one of theirs. Key Bank is having their security department look into this matter. My hope is that Key Bank will take issue with ARA using their name and corporate image falsely to collect money on nonexistent debt.

Looking at the Better Business Bureau site, there are a number of complaints. This company has a "D-" rating with the Better Business Bureau, which states, "Under the Federal Trade Commission's Fair Debt Collection Practices Act, collection agencies may not use any false, deceptive, or misleading representations or means to collect debts. They may not harass, oppress, or abuse any person while attempting to collect a debt."

Other consumers have gotten false claims of debt. I suggest that others who receive these collection letters from ARA (Asset Recovery Associates) of Villa Park IL should check their credit reports and then to report the false claims to:1) the ORIGINAL CREDITOR listed on the letter, 2) Better Business Bureau, and 3) their State Attorney General to report ARA.


This report was posted on Ripoff Report on 12/20/2010 11:59 AM and is a permanent record located here: http://www.ripoffreport.com/r/ARA/Villa-Park-Illinois-60181-5002/ARA-Asset-Recovery-Associates-False-Claim-of-Debt-Villa-Park-Illinois-673571. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on ARA

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
0Author 1Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

advise

AUTHOR: John - (U.S.A.)

How to stop collection agency harassment for a debt that is not yours: - Send the collection agency a letter via Certified Mail + Return Receipt (do NOT use regular mail) stating:

Per the Fair Debt Collection Practices Act, cease all communications with me about this alleged deb. This is not my debt. Receipt of this letter is officially being time stamped via Certified Mail. I will pursue each subsequent phone call from your office with a $1,000 per incident penalty for Fair Debt Collection Practices Act violations.

If they keep calling, read the following statement to them:

Be advised that this call is being recorded. If you do not consent to being recorded, you need to terminate this call. Continuation of this phone call after officially being informed that it is being recorded implies consent to be recorded. This recording will be used to pursue Fair Debt Collection Practice Act violations in a court of law.

Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.



Ripoff Report Legal Directory