Asset Acceptance is knowingly using the Court Systems as an unethical and Illegal means of enforcing collection Beyond agreed amounts. Using false information and deliberately misinforming Court to get Judgements, then to attack persons checking accounts with levy's, etc.
I am submitting edited version of response to Asset Acceptance below and am planning to pursue legal actions against them:
The above arbitration agreement was met with consistent monthly payments and paid in full on June 4th, 2008.
However, your office began an action for a judgment on November 30th 2007 and filed on December 19th, 2007 because a $50.00 payment was made in November instead of $100.00. The settlement was for $1,350.00 and did not state that the smaller fraction payment could not be made earlier than last payment.
I notified your office that a $50.00 payment was being sent that month 7 days before your beginning actions for judgment, due to coming holiday obligations. The women who took my call was abusive, threatening and would not allow me to talk and finally I hung up the phone.
Your office proceeded with entry for judgment even when bank shows payment was made November 28th and again on December 17th, clearly and knowingly using the court system for unethical legal pursuits.
You have failed to notify the Superior Court in June 2008 that final payment was made and settlement was paid in full. I then received Notice and Writ of Execution from Court that judgment was not paid. I called the Court who advised me that it was your responsibility (Asset Accetance) to notify them that settlement was fulfilled. You did not because you intended to use the court judgment to take more money. I called your office on this issue and was given more abuse and requests for more monies.
On August 29th you attempted a LEVY of $125.00 on my checking account. Making use again of the Courts in an unethical and possibly illegal manner.
This is formal notice and demand that you cease and desist all activities on this account and notify the court that settlement has been paid in full.
Authorized Bank statements prove that you have received monthly payments, each and every month from time of settlement agreement. Payments made from 07/09/2007 till paid in full 06/04/2008. 14 monthly payments totaling $1,350.00.
Proof of your receipt of this notice may be used by me or my legal representative in further action.
Bergen County, New Jersey