CAMCO Capital Acquisition & Managment COMPANY STRONG ARM EXTORTION! ripoff How do they sleep at nite? hateful, nasty people Rockford Illinois

Please say you were drunk or something when you wrote that piece of drivel because nobody sober would write it. Sure you can call and collect on a time barred debts(in most states that is not all) but let us go over some of your lies. You buy up the SS#s and we both know many of them are not correct. I know this because it happened to me with another collection agency. Also, the burden of proof is NOT on the debtor and you freakin know it. IT is on YOU and that is why your company can never validate its accounts. For you to even say such a stupid thing is unbelievable. I could randomly pick someone on the streets and sue them and they are suppose to prove it is not their debt? LOL. There is no removal of the stats in 3 years and your know it. This is something your company loves to make up although usually they tell people the stats do not apply now. You are the first camco collector to give a 3 year date. One of your lovely crew just told a lady there was a SOL but it did not apply to her account because it was a furniture loan. hahaha. I have looked through the laws and I cannot seem to find an exclusion for a couch. Your company does NOT follow the fdcpa and you know it so why are you lying about it. 99% of the time is right- for not obey the laws. Poor baby if you are abused. I guess you can dish it out but cannot take it back? You had best walk a very thin line my friend as now consumers are taping your illegal ways and are starting to take your fellow collectors to work along with your scummy company. Enjoy your upcoming class action lawsuit and let me know how you like the little 'twist' that goes with it.

you people are sick...so what i call you about a debt 10 yrs ago...federal law mandates we are entitled to persue time barred debts ten twenty yrs from now as a long as we comply with the rules of th fdcpa..so many people read up on the law but forget the fact that the law states that what we do is legal..and legit..im gonna give this to you as simple as possible..in three years the stats will be abolished..then what.....all you debtors who are tryin to duck and dodge payin your bills will be in for a big suprise whether i work for camco or not...look if you borrow money, get credit and u don t pay it back, or wait til a specific time frame is up to be relieved of the debt; (you are a thief), purchasing goods without payin for 'em, hiding behind a status of limitations...as far as hiring a agency to collect for me, and they dont, i'm writing off whatever fees that company charged me to hunt you down and collect whatever amount is owed, at least get my fees back cause it's obvious that the debtor wont pay. yeah id give up to if could n't find the consumer who owes me 2,178.23 for a loan they recieved from my bank to buy a used car or whatever. the point is dont get mad because someone is callin you in regards to a obligation thats attached to your social sercurity number, because you do owe the debt, if you dont we will know it. see i do not get out of line when it comes to this, because when i call you and explain what im callin about and tell you to confirm the ssn i have...i dont make you feel like your a criminal or disrepect you in any manner, (im callin your house for gods sake).
but... i have stayed professional since i have worked for the company and being honest and respectful to people period "debtor of not" is just the right then to do. and yes you have the tough guys at the company who stand firm and come into conflict with debtors and convos get a little out of hand...but i tell you this, the intro or very first contact from "hello mrs doe" to "this debt is not mine" is conducted according federal regulation and professional procedure..and 99.9% of the time it's the debtor who say something outlandish or disrespectful to trigger you to jump out side your guidelines and walk that grey line....i have been called n****r and all types of stuff that would make me wanna
just explode... but this is human nature....no one wants to be called about something they owed especially money...i have lost it with a few collection agencies myself because i was feelin pressured into payin something i really didn't have, and this is my house and i dont have to talk to you....so things happen..so look at it this way you owed the debt, the government says you owe it and federal law states that the burden of proof is on the debtor. we do not pull ssn's out the air. and face the fact that what we do and how we do it is LEGAL! PAY YOUR BILLS!

Seems to me, there are countless "sworn affidavits" out there fraudulently claiming debtors owe this money. Sounds like a case for the US Postal Inspector - imagine the number of dunning notices that go out on a daily basis from their offices. What do you suppose THAT would do to these fine folks? Something to think about.

My email is open to anyone and is all over the internet. I have continually invited the camco brass to contact me but they have refused to do so. When one of their collectors threatened my family they told me to contact them. I did and they completely ignored my phone calls. I have talked to ex camco employees and even an ex camco manager who point out stated if the collectors follow the laws they are fired because compliance = no money. The rockford employees are trained to break the law. I know it. They know it. Everyone knows it. I do know rockford has a high unemployment rate. I used to live in Illinois for my first 21 years. The only worse office probably camco has is the schaumburgh office where Mario is. I know all about him too and have gotten quite a few complaint from camco's female employees. Camco does not do in stat debts. You may think they are still within the SOL but chances are you are incorrect. A repo has a max SOL of only 4 years as defined under the UCC. If all steps were not taken by the creditor in repoing the car which rarely happens the SOL is merely 2 years. Camco stopped filing lawsuits about 6-12 months ago give or take because there is a large group of us watching out for them. IF they file on a time barred debt and we catch them there will be hell to pay. The last attorney for camco to file lost a 300k countersuit. Now you biggest problem will be those ridiculous 'sworn affadavits' that the alleged debts are actually the consumers. This is not validation and if this really was not the consumers that is called fraud, extortion, and perjury. Now your company is in big trouble because they sent out 1 too many of them and it is about to bite back. How about those letters your company sends out that states something like' if you pay we will make sure your credit is not affected'? That is illegal and they are starting to bite back. I know all the collectors are not bad. The problem is that camco coddles the worst ones and if I hear names like steven thomas or bobby brown one more time I will scream. Your company may be protected my the government now with its ridiculous tax breaks but mark my words the people will get the last laugh.

My email is open to anyone and is all over the internet. I have continually invited the camco brass to contact me but they have refused to do so. When one of their collectors threatened my family they told me to contact them. I did and they completely ignored my phone calls. I have talked to ex camco employees and even an ex camco manager who point out stated if the collectors follow the laws they are fired because compliance = no money. The rockford employees are trained to break the law. I know it. They know it. Everyone knows it. I do know rockford has a high unemployment rate. I used to live in Illinois for my first 21 years. The only worse office probably camco has is the schaumburgh office where Mario is. I know all about him too and have gotten quite a few complaint from camco's female employees. Camco does not do in stat debts. You may think they are still within the SOL but chances are you are incorrect. A repo has a max SOL of only 4 years as defined under the UCC. If all steps were not taken by the creditor in repoing the car which rarely happens the SOL is merely 2 years. Camco stopped filing lawsuits about 6-12 months ago give or take because there is a large group of us watching out for them. IF they file on a time barred debt and we catch them there will be hell to pay. The last attorney for camco to file lost a 300k countersuit. Now you biggest problem will be those ridiculous 'sworn affadavits' that the alleged debts are actually the consumers. This is not validation and if this really was not the consumers that is called fraud, extortion, and perjury. Now your company is in big trouble because they sent out 1 too many of them and it is about to bite back. How about those letters your company sends out that states something like' if you pay we will make sure your credit is not affected'? That is illegal and they are starting to bite back. I know all the collectors are not bad. The problem is that camco coddles the worst ones and if I hear names like steven thomas or bobby brown one more time I will scream. Your company may be protected my the government now with its ridiculous tax breaks but mark my words the people will get the last laugh.

I am not surprised by the response of my previous entry.

Honestly, I don't know where to begin. Camco has several offices. Mine being the least one complained upon. Not Jamaica.

Do I believe some of the stories on this website? Yes. Have I witnessed a collector violate regulations? Yes. Most of them have been fired. I can only speak for my office. I am not in Rockford. I've never met any of those co-workers.

I am not defending my company. I am defending myself. I can't speak for anyone. I don't know what goes on behind the screens.

I know that when I call a "debtor" they know of the bill. They don't pay based on stats. I'm human, I understand.

I collect on many in stat accounts. There are accounts that I have in my file alone from the very late 90's. Car repo's.

I sympathize with the people who have been mislead, lied to, victimized.

It's not me, to contact someone and harrass them into paying a bill.

I don't even fight. Pay it or not.

Sure, I want to hit a certain number as do all collectors but I do it in taste.

As do many of my co-workers.

I'd like to talk face to face. As much as my story may sound "phony", some of yours do too.

Scott in Akron-I've read many of your postings. On this site and others. I'd be willing to discuss this. I'm reluctant to post any of my "real" information out of fear.

Maybe I don't know the real deal but I've been around for more than a year. I still have my typical company complaints-that have nothing to do w/ collections.

Again, I can only speak for myself and I'm ok w/ going to bed tonight because I am not a scam artist.

Consumer advocates refer to CAMCO as a "bottom feeder" among the various debt collectors. Every account that they handle has fatal flaws that prevent the slightly more reputable other agencies from trying to collect it. These problems include:

a) Debt never belonged to alleged debtor.
b) Documentation doesn't exist to legally validate the debt belongs to the alleged debtor and the amount owed.
c) Debt is too old to legally file suit based on state SOL laws.
d) Debt is too old to legally place negative reports in debtor's credit reports.
e) Debtor has previously included the debt in a bankruptcy (seriously illegal to attemot to collect).
f) Most or all of the above in combination.

Especially because of (c) and (d), CAMCO can do NOTHING to harm the alleged debtor if he or she doesn't pay, other than keep calling and harassing them. CAMCO collectors are essentially the same as hostile street-person beggars who will follow "marks" down the block until they eventually part with money.

Consider it another way. The "product" that CAMCO is selling via cold-calls is relief from an old debt. That is something the debtor ALREADY HAS if he knows his rights. CAMCO is no different than other rip-off companies that sell a worthless product through misrepresentation. CAMCO depends on the people they call not knowing their rights. If they did, EVERY SINGLE ONE of them would tell Jessica to "get bent" (with varying degrees of civility) and hang up.

Just because you get an official negotiable paycheck doesn't mean you have a legitimate job. The old saying is "making an *honest* living".

I have been getting harassed by the aformentioned "company" for the past day. One person after another. They are saying that I owe them $2,000... or was that $6,400... no wait, it was $8,000. They have now told me 3 different amount that I ALLEGEDLY owe them. They say these accounts are from over 10 years ago. I don't remember them....! Therefore I dispute them. So they call all the time anyways. I have never even recieved any written notification of said "debt". If you are ever contacted by someone claiming you owe them thousands of dollars, supposedly from 10 yrs. ago or more, you should disregard it as proof is nescessary. There are so many types of SCAMS out there and this apperars, at least to me, to be one. Even if I had owed this amount I would have payed for it already in not being able to recieve quality credit for 7 or 8 years. That's why we have laws. They harrass. Real credit collection agencies are not supposed to harrass. It's the law. Read more about these malicious ne'er do-gooders by doing a search for CAMCO. Read on... you be the judge.

Nice try but I don't buy it. Neither will the
consumers that frequent this site.

It's common practice at CAMCO to give a round of
applause when a COLLECTOR has closed the deal on
an "account".

Did everyone clap for you when your letter won
the contest?

Here's my experience with sCAMCO to date...

I got home from WORK one evening and was informed
by my girlfriend that someone from a company
called Camco had called and left a message stating
that there was "a problem with my social security
number". I tried calling but got a message stating
that the office was closed.

I didn't sleep well at all that night. The thought
of someone stealing my identity was very
frightening.

I called first thing in the morning and was
transferred to no less than four persons before
I finally got a straight answer to my most basic
question... "Please, what EXACTLY is going on
here???".

I was told that I had a debt from a line of credit
that was closed in 1990 for an original balance
of $1,120.00 from Household bank. I had to take
a minute or two to catch my breath. "Thats all?"
I thought. Fine, must have been some old bill that
I missed when I PAID OFF ALL OF MY OTHER PAST
DEBTS.

So...

The first thing that popped into my mind was the
fact that I couldn't recall ever having an
account with Household Bank.

I was transferred to another person who told me
that they would be able to offer me a settlement
of $500 and that would eliminate the balance due
with interest of 3,800 dollars from the original
balance of $1,350.00. Cool, sounds like a deal
to me!

Wait a minute, didn't they just tell me that the
original balance was $1,120?

Click. Switched to a manager. The original balance
is $1,200 but if I wire the money immediately,
they'll settle for $300.

Wow, that's a smokin' good deal! Household who???

The nice man gave me until 4:00 pst to confirm.


The more I thought about it, the less I trusted
ANY of the employees that I has spoken with.

I called back an hour later and asked for "Larry"
the manager. I asked him if he could fax me over
some sort of documentation that prooved that I
owed money to Household Bank. He instantly took a
commanding tone and stated that they did not have
to send me anything and told me that if I wanted
proof, I had to do the research myself.

WELL... I'VE DONE THE RESEARCH.

Household Bank's recovery department assures me
that I've never had an account with them. If an
account was closed in 1990 they would know
all of the details.

THEY told me not to pay ANYONE unless they could
verify the debt and provide a signed original
agreement and proof that I actually recieved the
funds.

PERIOD.

I'm going to give you the benefit of the doubt
and take you at your word that you're a nice
person and appreciate your job.

I wish you the best of luck.

Do yourself a favor, however, and PACK UP AND
LEAVE CAMCO.

Since you're so nice, I won't mention the calls
I got from a Camco employee that tried (poorly)
to pass himself off as a representative of
Household Bank.

I won't mention the countless threats to my
credit report.

I won't mention the insults that included catch
phrases like "deadbeat", "looser", "criminal",
"slacker" and so on.

I won't mention the FACT that Camco originally
recieved my social security number from Trans
Union and NOT as a result of purchasing an
account from ANYONE.

And...

I won't mention that I'M NOT DONE WITH CAMCO even
though they finally stopped calling me after I
contacted the FBI and they've closed my account.


Yes, I've spoken with a couple of Camconians that
actually seemed human and listened to my story.
They, like you, are an important part of the
ongoing racket.

Do yourself a favor and get MORE education and
a better job. Don't surround yourself with crooks.

umm really? Suing on a time barred debt is illegal. Your company has never collected on an in stat debt.All of these are illegal and just the 2 closest cities to me. My favorite lawsuit is when one of your crappy lawfirms sued a couple on a time barred debt they were in turn countersued and lost $300k. hahaha

CAPITAL ACQUISITIONS & MANAGEMENT CO CV 200797 228 PAGE ST SYCAMORE IL 60178 PL
CAPITAL ACQUISITIONS & MANAGEMENT CO CV 204193 228 PAGE ST SYCAMORE IL 60178 PL
CAPITAL ACQUISITIONS & MANAGEMENT CO CV 204875 228 PAGE ST SYCAMORE IL 60178 PL
CAPITAL ACQUISITIONS & MANAGEMENT CO CV 205492 228 PAGE ST SYCAMORE IL 60178 PL
CAPITAL ACQUISITIONS & MANAGEMENT CO CV 206981 303 N MAIN ST ROCKFORD IL 611011018 PL
CAPITAL ACQUISITIONS & MANAGEMENT CO CV 211626 303 N MAIN ST ROCKFORD IL 61101 PL
CAPITAL ACQUISITIONS & MGMT CO CV 110384 228 PAGE ST SYCAMORE IL 60178 PL
CAPITAL ACQUISITIONS & MGMT CO CV 110385 228 PAGE ST SYCAMORE IL 60178 PL
CAPITAL ACQUISITIONS & MGMT CO CV 110757 228 PAGE ST SYCAMORE IL 60178 PL
CAPITAL ACQUISITIONS & MGMT CO CV 200339 228 PAGE ST SYCAMORE IL 60178 PL
CAPITAL ACQUISITIONS & MGMT CO CV 207150 228 PAGE ST SYCAMORE IL 60178 PL
CAPITAL ACQUISITIONS & MANAGEMENT CO. 228 PAGE STREET C JL-03-179823
CAPITAL ACQUISITIONS & MANAGEMENT CO. 228 PAGE STREET C JL-02-179328
CAPITAL ACQUISITIONS & MANAGEMENT CO. 228 PAGE STREET C JL-03-180412
CAPITAL ACQUISITIONS 6705 RICHMOND ROAD D CV-86-105647
CAPITAL ACQUISITIONS 3203 HARVARD AVENUE P CV-96-311065
CAPITAL ACQUISITIONS & MANAGEMENT 228 PAGE STREET C JL-03-182611
CAPITAL ACQUISITIONS & MANAGEMENT CO 228 PAGE ST P CV-02-466070
CAPITAL ACQUISITIONS & MANAGEMENT CO 228 PAGE ST P CV-02-470284
CAPITAL ACQUISITIONS & MANAGEMENT CO 228 PAGE STREET P CV-02-473356
CAPITAL ACQUISITIONS & MANAGEMENT CO 228 PAGE STREET P CV-02-474807
CAPITAL ACQUISITIONS & MANAGEMENT CO 228 PAGE STREET P CV-02-476286
CAPITAL ACQUISITIONS & MANAGEMENT CO 228 PAGE STREET P CV-02-476644
CAPITAL ACQUISITIONS & MANAGEMENT CO 228 PAGE STREET P CV-02-476945
CAPITAL ACQUISITIONS & MANAGEMENT CO 303 N MAIN STREET P CV-02-483478
CAPITAL ACQUISITIONS & MANAGEMENT CO 303 NORTH MAIN STREET D CV-03-503743
CAPITAL ACQUISITIONS & MANAGEMENT CO 303 N MAIN ST D CV-03-508254
CAPITAL ACQUISITIONS & MANAGEMENT CO. 228 PAGE STREET P CV-02-471630
CAPITAL ACQUISITIONS & MANAGEMENT CO. 228 PAGE STREET P CV-02-473368
CAPITAL ACQUISITIONS & MANAGEMENT CO. 228 PAGE STREET P CV-02-473440
CAPITAL ACQUISITIONS & MANAGEMENT CO. 228 PAGE STREET P CV-02-473449
CAPITAL ACQUISITIONS & MANAGEMENT CO. 228 PAGE STREET P CV-02-474812
CAPITAL ACQUISITIONS & MANAGEMENT CO. 228 PAGE STREET P CV-02-476548
CAPITAL ACQUISITIONS & MANAGEMENT CO. C JL-02-176179

You are either a bad liar or you need to open your eyes. You may have heard of me and if you have heard of me then you know I have received hundreds if not over 1000 emails from Camco's victims. I have letters people have sent which are a clear violation of the FDCPA. I have heard tapes of the collectors at Camco threatening lawsuits, credit, or anything else they can think of. One of your collectors changed a $1000 check to $10,000. Another collector is on tape pretending to be a cop. The only reason you have have an office in jamaica(where you are I assume) is because your company breaks so many laws it is afraid to keep money in the US as class action lawsuits take up 1% of your accounts each time you lose.You ARE a collection agency as defined by the FDCPA. It does not stop there. I know the collectors there are abused as much as the consumers they themselves victimize. There is nothing you can say to me that
I will believe. I have been dealing with your companies victims for 1 1/2 years now.

I am writing this in disgust. I've read countless entries on this website and each time have cringed.

I work at CAMCO. I found out about this website and have read off and on for months.

I have to start my entry by saying that I am an educated female.

Not that it matters but collectors in general, have a bad stigma.

I do not break FDCPA rules. I adhere to all company policies. I do not victimize people. I do not harass people. I do not call people multiple times a day. I do not threaten physical harm.

Are most of the accounts out of the statue of limitations (depending on the state?) Yes.

Do we sue, no?

Do people evade debt?

It boggles my mind that people would do anything to get out of paying a bill.

This is a business. I pay taxes. I have my life. I am not a scam artist.

I've realized that there are a lot of companies that are complained upon this website.

I can look up Microsoft and file a complaint.

If I speak w/ someone and they advise me that they filed BK or that they have previously paid this account, I simply close the file. There are quite a bit of people who have ran from their debt for years.

And on the flip side, I get hung up on, threatened, etc.

Bottom line, pay your bill. Don't wait 10 years. Or even 3. Then no one can complain.

This is an acquisition company. Not a collection agency.

We own the right to collect on it.

If you refuse, we can re-sell the debt. And then another agency will call you.

I wish I didn't have to be anonymous. This whole thing is truly said and effects me and my goals at work.

I am a productive person. I approach people w/ respect. I have done a wide variety of collections and in general, we are not well liked people.

In closing, I'd like to say that my company is not a SCAM.

I'm sure that between the several offices w/in my company there are people that walk a grey line. People that are uneducated. Such is life.

Not all of us are scam artists.

Thankfully, I'm one of the better collectors. I have a good repoire w/ most that I deal with.

I just wish that everyone had a voice to share.

Try looking up other agencies and companies. If you had invested this much energy in conserving your credit, there would be no Ripoffreport.com.