Asset Acceptance fraudulent activity, bogus claims, create phony documents, falsify records Warren Michigan

Yes, asset Acceptance is claiming to be " the creditor" for this alleged debt of 1992.( the actual creditor is supposedly Uptons which has been out of business for many years. The alleged debt can not be proven from a company that does not exists.)

Asset Acceptance is also a debt collector so they really can't claim to be the "creditor". apparantly Asset Acceptance sold this alleged debt to Ocwen who is now trying to collect it for Asset acceptance. Both Ocwen and Asset Acceptance buy , trade, sell, and create old debt.

Ocwen has over 500 class action lawsuits against them for fraud on Home loans. They create phony documents, file bogus claims, violate the laws of the FTC, Fair Debt Collections Practices Act, etc. They scan signatures to make them look real on paperwork. THey change history activity on credit reports.

Ocwen fails to post mortgage payments in timely manners and charges major fees. Look up information on the internet. So many people are scammed by these two companies. IF you have a mortgage with Ocwen, I would refinance and get rid of them as fast as I could. Good luck and don't be afraid to ask questions about your rights especially as a home owner.

I understand why Asset Acceptance would be involved as a 3rd party debt collector for an old credit card debt, but where does Ocwen fit in? The only reason I ask is because Ocwen is my mortgage servicer. Are they also a junk debt buyer as well?

This alleged debt that Asset Acceptance is trying to collect on from me (on an account that is 15 years old) is from a credit card company that has been out of business for several years. So they aren't trying to collect a debt for the original creditor, they are collecting an alleged debt for themselves.
I am dealing with Asset Acceptance and Ocwen for the same alleged 15 year old account. One debt collector is bad , but dealing with both at the same time is just horrible.

Leanne,

If you do not have an existing business relationship with them, and have not applied for credit, they DO NOT have "permissible purpose" to check your credit report.

This is a violation of the FCRA in which you can get paid, and it also violates their agreement with the credit bureaus. FYI..An account that is 15 years old and past SOL DOES NOT create a permissible purpose for them to check your credit.

Immediately send a DEBT VALIDATION request. Do not sign the letter, just print. And do not provide any information that they do not already have.

In this letter, DEMAND to see the original signed contract that created the account, as well as a full account history and itemization of charges. Also DEMAND proof that they own the debt such as a purchase contract and proof of payment, as well as a full chain of title back to the original charge off.

Now, send this letter by CERTIFIED MAIL, return reciept requested. be sure to put the certified# on the letter itself, and keep a copy for your records. This is very important as it proves what you sent.

When they fail to respond, you file a lawsuit on them for the FCRA violation of accessing your credit without having permissible purpose.

Also go to ftc.gov and file a complaint online against them, and write letters of complaint to each credit bureau against them for accessing your credit files without permissible purpose.

Don't get mad, GET PAID!!

I recently checked my credit report and found out that Asset Acceptance checked my reports on November 26 ,2006 and with in a few months started receiving a letter for an alleged 15 year old debt that I owe, that isn't even mine. Had to put fraud alerts on all 3 credit reports from Equifax, Experian, and Trans Union.

Be sure to check your credit reports to see when this bogus company got your personal information to creat old accounts to get you to pay. .