CAMCO (Capital Acquisitions Management Company) CAMCO - Idiotic criminal employees and illegal practices - LET'S CLASS ACTION SUIT THEM ripoff Rockford Illinois

Make them prove everything to you. A creditor's name and the account balance won't be sufficient. You'll need an original signed contract before you acknoledge the debt is yours.

Send a cease and desist letter to them immediately. If you know the laws you are protected by, draft your own cease and desist letter.

Send the letter via certified mail with a return receipt request. Keep a copy of the letter for your files. The letter may take a couple of weeks to work its way through the collection agency's system before your number is taken out of their automated dialers. Even after the receive the letter they are allowed (under law) to contact you one time to notify you or their intent.

The easist way to personalize this letter is to copy and paste it into a word processing program.

Your Name
Your Address
City, State, Zip

(Sent via CERTIFIED RETURN MAIL with RETURN RECEIPT)

Date:

XYZ Collection Agency/Law Firm
1234 Main Street, #100
Any town, USA 10021

Re: File #0000000 - ABC Bank - #4445566778899000 -For: $5555.55

Dear Debt Collector /Debt Collector Attorney:

This will serve as your legal notice under provisions of federal law, the Fair Debt Collection Practices Act (FDCPA), to cease all communication with me in regard to the debt referenced above. If you fail to heed this notice, I will file a formal complaint against you with the Federal Trade Commission who is responsible for enforcement, the States Attorney General office and/or the American Collectors Association or local State Bar Association.

I/We have decided that we do not desire to work with a collection agency under any circumstances. I/We will contact the original creditor to resolve this matter directly, as circumstances warrant.

You are also notified that should any adverse information be placed against my/our credit reports as a result of this notice that appropriate actions will be taken. Give this very important matter the attention it deserves.

Sincerely,

Your Name

======END OF LETTER=====

Camco buys up uncollectable debts (i.e. no reputable colllector will deal with it beacause it's either beyond the SOL, or there isn't enough evidence to collect). Don't ever pay them anything, and DON'T ever talk to them on the phone. Just send that C&D letter. Send it via registered mail, return receipt requested. The burden of proof is on them, and they won't be able to prove anything. In your letter, insist on a copy of the original contract with your signature.

I'd love to see a class action suit filed against camco. Although they were recently praised by the mayor of Rockford for moving into a rehabbed building, supposedly rejuventating the downtown area. Tax breaks and kickbacks anyone?