• Report: #655104

Complaint Review: Source Receivables Management

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  • Submitted: Mon, October 25, 2010
  • Updated: Tue, October 26, 2010

  • Reported By: Brian — Fairfax Virginia United States of America
Source Receivables Management
P.O. Box 4068 Greensboro, North Carolina United States of America

Source Receivables Management Purchased by NCO PORTFOLIO MANAGEMENT Trying to collect on an account that paid in full over 17 years ago. Greensboro, North Carolina

*Consumer Suggestion: Stay off the phone!! Then just do this

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Received several calls from a group claiming that I owed money on a holiday account. The group refused to send any proof in the mail showing this was a valid bill that was due. Everytime that I asked they claimed that the information will be sent to my home address.

They claimed that it was from a membership that I had with Bailey's Gym over 17 years ago. According, to them the membership wasn't fully paid in full. This is different from Bailey's Gym, because 17 years ago they told me that the membership was paid in full.

Received bill from Source Receivables Management in the mail on October 25, 2010. According to the bill the account was purchased by NCO Portfolio Management. It took them over 6 months to final send me a bill per my request.

Finally, this was the first time that I have ever heard about this bill. Also, during the first several telephone calls they claimed that they didn't have all of the information required to make certain they were talking to the right person. Plus, they claimed that it was my responsable to provide proof that the membership was paid in full after 17 years.


This report was posted on Ripoff Report on 10/25/2010 05:35 PM and is a permanent record located here: http://www.ripoffreport.com/r/Source-Receivables-Management/Greensboro-North-Carolina-27404-4068/Source-Receivables-Management-Purchased-by-NCO-PORTFOLIO-MANAGEMENT-Trying-to-collect-on-a-655104. 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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#1 Consumer Suggestion

Stay off the phone!! Then just do this

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

It appears that the main problem you are having is NOT staying off the phone, and doing things verbally! STOP DOING THIS!!! Stay off the phone!!!   

There is absolutely no reason to ever speak to any third party collector aka Bottomfeeder on the phone! None whatsoever. It will always just make things worse. DEMAND that all correspondence be in writing, even if only by email, so you have a record of what was communicated.

At this point, after 17 years, it makes no difference whether or not the bill was paid or not. That is no longer an issue, as the "statute of limitations" has run out, which means the "debt" is dead. It no longer exists in the eyes of the law, and could not be collected in any court, and they know this.

However, the law does not prevent them from attempting to collect.

FYI...the "burden of proof" is ALWAYS on the debt collector.

Knowledge is power. Get some.

Check out many of the other collections posts here on ROR to see the pattern of this sort of fraud, and also visit budhibbs.com for some education on debt collections.

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