• Report: #377886

Complaint Review: Asset Acceptance Capitol Corp

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  • Submitted: Thu, October 02, 2008
  • Updated: Sun, November 30, 2008

  • Reported By:Cape Coral Florida
Asset Acceptance Capitol Corp
P.O. Box 2036 Warren, Michigan U.S.A.

Asset Acceptance Capitol Corp Sued without due process? Warren Michigan

*Consumer Suggestion: A friend of family-attorney's advice passed onward

*Consumer Suggestion: A friend of family-attorney's advice passed onward

*Consumer Suggestion: A friend of family-attorney's advice passed onward

*Consumer Suggestion: A friend of family-attorney's advice passed onward

*Consumer Suggestion: I AM DEALING WITH THEM NOW

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I am writing this letter on behalf of my girlfriend. We recently had our credit reports pulled when we tried to buy a house. It was at this time that she found out that there was a judgement on her credit report from asset acceptance. When I asked her about it, she said that she had been allowing them to take $50.00 from her account for the past 6 years for a vehicle she had bought and let a friend borrow that was totalled in an accident. Apparently, the account went into collections and she was threatened with legal action from Asset if she did not allow them to start taking payments.

This was a used car to begin with. The total amount taken thus far exceeds the total worth of the vehicle, especially what it would have brought to a salvage yard. She contacted Tony Vereen of Asset and asked him why was there a judgement on her credit, when they had been receiving payments for over 3 years prior to the judgement? He stated that apparently another Asset worker placed the judgement after having not received a payment in the month of December. Although, he acknowkedged receipt of a double payment in January. It was at this time she allowed them to start debitting her account every month.

We questioned him as to how did they obtain the judgement without her being served or appearing in court. He stated that he was going to speak to his supervisors and call us back. To this day we have not heard back from any of them. But they continue to take the 50.00 every month.

The only thing I have found good about Asset Acceptance appears on their own website. What I would like to know is, is any of this legal? And where do we go from here? Has anyone thought of filing a class action? And, is there some sort of Government oversight of these yahoos?

TYour help is appreciated
Thanks,

Tim
Cape Coral, Florida
U.S.A.

This report was posted on Ripoff Report on 10/02/2008 10:25 AM and is a permanent record located here: http://www.ripoffreport.com/r/Asset-Acceptance-Capitol-Corp/Warren-Michigan-48090-2036/Asset-Acceptance-Capitol-Corp-Sued-without-due-process-Warren-Michigan-377886. 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.

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REBUTTALS & REPLIES:
0Author 5Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Suggestion

A friend of family-attorney's advice passed onward

AUTHOR: Miss Guardian - (U.S.A.)

Here is a suggestion being passed on from a friend of the family's (of whom is attorney at law) It has been recommended that the individual not deal with the third party (Asset Acceptance Corp.) directly but only indirectly by sending a "Cease And Desist" Letter to them from you via: Certified Mail/Return Receipt Requested by going to your local Post Office. (You can look up how to write your letter by going to your local library & following instructions out of book). Additional recommendation being passed along is instruct (A.A.C.) that you are capable of dealing with the original party thereof that had instrumented such a bill for payment thereof; that no further contact is anticipated from them to you but by rule they can contact you once more but after that it is construed as "Harrassment". So be firm, be positive, be diplomatic & be strong! Only Survivors shall prevail! Whoever these folks are should be reported to the Attorney General!
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#2 Consumer Suggestion

A friend of family-attorney's advice passed onward

AUTHOR: Miss Guardian - (U.S.A.)

Here is a suggestion being passed on from a friend of the family's (of whom is attorney at law) It has been recommended that the individual not deal with the third party (Asset Acceptance Corp.) directly but only indirectly by sending a "Cease And Desist" Letter to them from you via: Certified Mail/Return Receipt Requested by going to your local Post Office. (You can look up how to write your letter by going to your local library & following instructions out of book). Additional recommendation being passed along is instruct (A.A.C.) that you are capable of dealing with the original party thereof that had instrumented such a bill for payment thereof; that no further contact is anticipated from them to you but by rule they can contact you once more but after that it is construed as "Harrassment". So be firm, be positive, be diplomatic & be strong! Only Survivors shall prevail! Whoever these folks are should be reported to the Attorney General!
Respond to this report!
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#3 Consumer Suggestion

A friend of family-attorney's advice passed onward

AUTHOR: Miss Guardian - (U.S.A.)

Here is a suggestion being passed on from a friend of the family's (of whom is attorney at law) It has been recommended that the individual not deal with the third party (Asset Acceptance Corp.) directly but only indirectly by sending a "Cease And Desist" Letter to them from you via: Certified Mail/Return Receipt Requested by going to your local Post Office. (You can look up how to write your letter by going to your local library & following instructions out of book). Additional recommendation being passed along is instruct (A.A.C.) that you are capable of dealing with the original party thereof that had instrumented such a bill for payment thereof; that no further contact is anticipated from them to you but by rule they can contact you once more but after that it is construed as "Harrassment". So be firm, be positive, be diplomatic & be strong! Only Survivors shall prevail! Whoever these folks are should be reported to the Attorney General!
Respond to this report!
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#4 Consumer Suggestion

A friend of family-attorney's advice passed onward

AUTHOR: Miss Guardian - (U.S.A.)

Here is a suggestion being passed on from a friend of the family's (of whom is attorney at law) It has been recommended that the individual not deal with the third party (Asset Acceptance Corp.) directly but only indirectly by sending a "Cease And Desist" Letter to them from you via: Certified Mail/Return Receipt Requested by going to your local Post Office. (You can look up how to write your letter by going to your local library & following instructions out of book). Additional recommendation being passed along is instruct (A.A.C.) that you are capable of dealing with the original party thereof that had instrumented such a bill for payment thereof; that no further contact is anticipated from them to you but by rule they can contact you once more but after that it is construed as "Harrassment". So be firm, be positive, be diplomatic & be strong! Only Survivors shall prevail! Whoever these folks are should be reported to the Attorney General!
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#5 Consumer Suggestion

I AM DEALING WITH THEM NOW

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

hey there. sorry to see someone else affected by this company in a negative way. i am dealing with them right now.
my wife was mailed a document from our courthouse. it stated that asset acceptance corp was awarded some money(not going to say how much) due to my wife not responding to a summons that asset acceptance had sent her. the problem is she received no summons. i plan to proceed with legal action to clear this up.
i don't know how florida laws are but i can tell you how they are here in minnesota. first the company has to send the debtor a summons asking you to reply in a specific amount of time. the attorney for the company has to file an affadavit and submit it to the clerk. if you don't respond to the summons, they can go to the county court administrator(where you are) and get what is called a "default judgement". then the clerk sends the debtor a letter that shows the default judgement and amount owed. the letter also says that you can appeal the decision.
i wish you luck,
clayton
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