• Report: #83409

Complaint Review: Capital Acquisitions And Management Company

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  • Submitted: Wed, March 10, 2004
  • Updated: Thu, March 11, 2004

  • Reported By:Chester Virginia
Capital Acquisitions And Management Company
P.O. Box 5087 Rockford, Illinois U.S.A.

Capital Acquisitions And Management Company attempted to ripoff for data that was charged off 14 years ago by CMB Rockford Illinois

*Consumer Suggestion: Don't be a victim - learn how to fight back

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this is a debt that was charged off by chase manahattan bank in 1989. the data has since come out of no where and this company is insisting that we settle for half the price of the debt $400.17. Chase Manhattan Bank has no record of this aside from the fact that it was charge off.

camco continues to send letters and this has gotten out of hand. please make them stop.

Maurice
Chester, Virginia
U.S.A.

This report was posted on Ripoff Report on 03/10/2004 10:44 AM and is a permanent record located here: http://www.ripoffreport.com/r/Capital-Acquisitions-And-Management-Company/Rockford-Illinois-61125-0087/Capital-Acquisitions-And-Management-Company-attempted-to-ripoff-for-data-that-was-charged-83409. 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 1Consumer 0Employee/Owner
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#1 Consumer Suggestion

Don't be a victim - learn how to fight back

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

Capital Acquisitions is what is known as a Junk Debt Buyer - they purchase old, charged off accounts at a couple of pennies on the dollar and try to collect the whole dollar plus interest.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report. In this particular case the links they were providing requires navigating through credit card offers, ads, etc.

BTW, there is a good possibility that a Junk Debt Buyer will violate the Fair Debt Collection Practices Act or the Fair Credit Reporting Act. Two of them did with me and I successfully sued them for the violations and collected $1000 from each of them.
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