My wife got a call from Asset Acceptance LLC concerning a debt they said she owed. They had explained that it was a debt that she had co-signed for and that the other person wasn't paying so they were trying to come after her for the debt. My wife asked them for verification of debt and they told her they didn't have to provide her with anything and that she owed them $1,500 now or they were going to garnish her wages.
The person that they said defaulted on the loan had already previously been to court (we know this person) and the case was thrown out because Asset Acceptance didn't show up to the hearing at all. My wife at this time hadn't been working in over a year in preparation for the birth of our first child. She called me at work and we got sort of a laugh out of it because it seemed so absurd.
They began calling at all times of the day and night but just barely within the Federal regulated times that they could call. Using some sort of directory they managed to find me, my parents, and even my grand mother and called them, posing as employers trying to get information about us and me. They then used this information to call my wife back and threaten her with taking away our car, garnishing my wages, etc.
I became angry with their continued abuse so I circled the wagons and got our credit reports. Asset Acceptance was no where on her report, at all, period. I spoke with my attorney who advised me to send them a certified letter requesting not only proof of debt but also their licenses to collect debt in Ohio. My lawyer had found that they had previously been looked at in other states for collecting debts in other states without licenses to do so. It took them 3 months to finally sign for the letter and they called a few other times stating that they didn't need to show us proof at all.
A month after the last phone call they called once more and thanked my wife for agreeing to pay, which she hadn't. My wife, now with a newborn to take care of, cussed them out and I called once more, explaining that this conversation was being recorded. They told me to f*** off and that they didn't need to provide me with anything. I provided them with the number to my lawyer and told them never to contact me again and if they were going to try anything to contact my lawyer. I haven't heard from them in about 5 months.
I'm writing this because I've read reports of them swindling older people that might not have a firm grasp on their finances into paying out large sums of money that they don't even owe. Nobody, especially the elderly, should have to be prey to predators like this. It is one thing if you do have the debt but to not owe them a thing and be treated like this is an injustice.