I was contacted by this company by phone to assist in collect bad debts due to our company. I researched their website and called the referals they provided and felt confident they were a legitimate operation - Couldn't have been further from the truth!
Rather than tell the whole story I will bullet point all the lies-
-I was told an asset search was done on my debtor and they identified a bank account with a balance that could fulfill the amount due (Complete lie - I later found out that isn't even possible)
-I was told that if I provided additional money for the expedited judgement they could freeze the account (Complete lie - they can't legally do that)
-I was told my debtor refused service of the court papers and that by doing so I automatically would win a default judgement( Not only was the debtor never served, there was never even a suit filed to have papers to serve the debtor)
-When I contacted the attorney that was supposedly handling this case, he knew nothing about it and had no of record my company or debtor, further more he let me know that no suit had ever been filed by anyone for any reason against my debtor.
-DMT & Corporate Assest Recovery have both since disconnected their phone.
-DMT is acutally not even a real company and not listed with the CA Secretary of state as a licensed business, they are not accredited and are not members of any trade organization.
Do not believe anything they say, they are only trying to steal your money, they will never contact your debtors, they will not file any law suits and they will not stick around long under whatever name they are using now. And if you question them about their bad reputation it is not due to disgruntled debtors trying to get back at them it is real people and businesses they have stolen money from.