- Report: #790597
Report - Rebuttal - Arbitrate
Complaint Review: Pinnacle Recovery Inc
Pinnacle Recovery IncP.O. Box 130848 Carlsbad, California United States of America
Pinnacle Recovery Inc Unfair collection practices obscene 40% interest charges Carlsbad, California
*Consumer Comment: High Interest on Past Due Amount
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I fell behind my maintenance fees for 2010 and 2011. Collection was turned over to Pinnacle Recovery Inc. When I tried to make payment arrangements with Pinnacle they informed me that they were charging me 40% interest on my balance. They then began incessant collection and dunning calls to my home phone & cell phone and it was always a recording. They never sent me any correspondence to document their charges and every time I spoke to someone they would not budge on the 40% interest. I refused to pay the interest although I was willing to pay the maintenance fees. They would not budge.
Next I received a letter today from Bluegreen Resorts Management that stated that since I had not paid my maintenance fees (approx $1,200) they were going to take my $18,000 time share as "liquidated assets"! I am filing DOJ complaints against both Pinnacle and Bluegreen. Can they just do this? I have a deeded timeshare not a point system. Anyone out there that can help me would be much appreciated.
This report was posted on Ripoff Report on 10/19/2011 12:57 PM and is a permanent record located here: http://www.ripoffreport.com/r/Pinnacle-Recovery-Inc/Carlsbad-California-92013/Pinnacle-Recovery-Inc-Unfair-collection-practices-obscene-40-interest-charges-Carlsbad-790597. 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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