- Report: #345393
Complaint Review: Palisades Acquisition/nelson,watson, And Associates,LLC
| Palisades Acquisition/nelson,watson, And Associates,LLC 80 Merrimack St. Lower Level
Haverhill, Maine U.S.A. |
|
Palisades Acquisition palisades Acquisition/nelson, watson, And Associates, LLC trying to collect a paid off debt, wont disclose info, only giving 4 days to send money. Haverhill Maine
*Consumer Comment: YES A COLLECTION AGENCY CAN SUE - not just the original creditor
*Consumer Comment: you do have rights
*Consumer Comment: Advise.....
Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™
Corin
sequim, Washington
U.S.A.
This report was posted on Ripoff Report on 06/28/2008 03:12 PM and is a permanent record located here: http://www.ripoffreport.com/r/Palisades-Acquisitionnelsonwatson-And-AssociatesLLC/Haverhill-Maine-01830/Palisades-Acquisition-palisades-Acquisitionnelson-watson-And-Associates-LLC-trying-to-345393. 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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Search Tips#1 Consumer Comment
YES A COLLECTION AGENCY CAN SUE - not just the original creditor
AUTHOR: Laurie - (U.S.A.)
SUBMITTED: Tuesday, August 04, 2009
IT IS THE DEBT COLLECTORS RESPONSIBILITY TO PROVE YOU OWE THE DEBT - not your responsibilty to prove you do not owe it.
The reason they claimed you cannot dispute it is because they cannot PROVE its your debt. Junk debt buyers like this one - cannot validate debts. THEY CANNOT PROVE YOU OWE IT - THAT'S WHY THE LIED TO YOU.
INTERNET SEARCH ON BUDHIBBS TO GET REAL LEGAL ADVICE ON HOW TO HANDLE THESE BOTTOMFEEDERS.
Palisades Collections, LLC
aka Asta Funding, Inc.
210 Sylvan Ave., Englewood, NJ 07632
Phone: 800-991-9367 Phone: 201 567-5648
866-230-9094 866-230-8075
201-567-2438 866-230-8094
Fax: 610-758-9781 or 201-567-2203
MUST READ EDITORIAL
Head Debt Collectors:
Arthur Stern Chairman of the Board, Asta Funding
Gary Stern - President & CEO
Mitchell Cohen, CFO, Asta
Mary Curtin, VP, Ops
Nan Beilinson, VP
Rob Knight, VP
CONSUMER ALERT! Palisades has purchased a large portfolio from Wolpoff & Abramson that trace back to many names used by W&A for the purpose of purchasing junk debts for about a nickel on the dollar. When you call Palisades/Asta you are asked to punch in your social security number so they can locate your account.
We STRONGLY urge anyone dealing with these bottom feeders to NEVER give them your social security number as they may not have it. We further advise you to NEVER give them your banking or credit card information. The paperwork that Palisades/Asta obtained in their purchase is known to contain a LOT of false and manufactured documents.
DO NOT GIVE THEM ANY INFORMATION; MAKE THEM VALIDATE EVERY ALLEGED CLAIM WITH ORIGINAL DOCUMENTS THAT CONTAIN YOUR SIGNATURE. (We have reason to believe many of these original documents do not exist, however Asta/Palisades have the ability to manufacture them, given time.)
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Bud Says Consumer Comments Below
Also known as Asta Funding, a publicly held organization worth a LOT of money. Palisades Collections, LLC is their bottom feeder entity collecting on old, worthless accounts. Their up to now good reputation, is being flushed down the toilet with the illegal activity of Palisades.
Purchasing old debts is okay, however the law is quite clear that you must accurately report information on credit bureau reports. Palisades Collections apparently is not aware of that law. The complaints we receive on them are for a lot of accounts out of statute, changing the dates of last activity on credit reports and grossly inflated accounts.
This could be construed as an attempt to inflate their portfolios to Wall Street to make them look better than they are, NOT an uncommon practice for a bottom feeder.
Palisades Collections needs to be confronted at every step with demands for debt validation. All of their tainted credit bureau reporting should be disputed; court suits MUST be vigorously defended. Challenge each and every document they file, assume they are bogus and manufactured. Palisades appears to be engaging in a lot of illegal collection activity and credit bureau reporting, they deserve to be sue at every opportunity by consumer law professionals.
Read how these greedy bottom feeders are making a fortune based on the misfortunes of others from their own website: http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=ASFI&script=700
I recommend you utilize consumer professionals to go after these deep pocket icons of American enterprise. Let owners Arthur Stern, Gary Stern know what you REALLY think of them and their dumpster diving business.
CAUTION: I recommend you NEVER disclose your bank account or credit card information to a debt collector, as you risk them emptying your account, or maxing out your credit card. If you feel they are reporting on your credit bureau files in error or need assistance in dealing with them, email the details w/your location. Assistance and referral to a consumer legal specialist may be available.
#2 Consumer Comment
you do have rights
AUTHOR: Unshsjg - (U.S.A.)
SUBMITTED: Monday, August 03, 2009
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It is your right under federal law ( Fair Debt Collection Practices) to dispute this.
Send them a letter via Certified Mail + Return Receipt stating:
Per the Fair Debt Collection Practices Act, I am requesting written validation of this alleged debt
Read up on the Fair Debt Collection Practices Act and understand your rights:
http://en.wikipedia.org/wiki/Fair_Debt_Collection_Practices_Act
DO NOT let them scare you with bogus threats....Debt collectors cannot send the sheriff to your house to have you arrested...neither can they take your firstborn child....

