OSI Collections ripoff, Commercial Collection, Legal Threats Valley View Ohio

I am CEO of a S-Corp, we ran into some finanacial issues over the past year with the economy. The company fell a little behind on some debts, one was turned over to the jerks at OSI, prior to this, the owner of the company whom we owed this to claimed they had made numerous attemps to contact us, which I show one attempt and that had not signature to prove it was ever delivered.

We made a payment offer to the vendor until we could try to get the cash to pay the debt. This debt was never personally guaranteed by me, nor did they require a credit app when they put us on terms, we never once signed anything.

The owner rejected out payment arrangement saying it was not enough and would take too long to pay, so they turned our account over to OSI Collections.

OSI started calling, the first day there were over 20 phone calls to my personal cell phone and to a 3rd party clients location, they called about every 1/2 hour to my cell phone, which was never answered. That was on June 7, 2006, since then they have called one of my client's site, looking for me, my client told them I did not work there but they still called.

When he answered the phone, they annouced theirselves as 'OSI Collections calling on behalf of xxx vendor' to my CLIENT, which I figured was illegal.

Secondly, they finally left voice mails on my cell number, which my partner has access to as well. They left details of the amount and who they were, several times.

Since then, they have called and called, leaving messages that the 'client was ready to go legal' on me. I filed a FTC report, and was told that the FTC can only pursue consumer collections (I don't understand this, since my phone is my personal phone and they are harrasssing me, not my corporation)

I received a notice in the mail (not registered) on June 17th, it was postmarked the 14th, which was 7 days after initial contact (of course the letter inside was dated the 10th)
I am getting ready to dispute the charges, but don't know if it will be of any good??? I am also going to tell them to not call any phone numbers they have, they will never get an answer by me on the telephone.

Yesterday and the day before they left messages that they were ready to 'go legal' on me, however two days ago the owner of the company that sent this to collections, emailed me asking if we could work something out. They had received a payment from me, that was sent right after the collection jerks started calling, and they did cash the check, it cleared my bank last night.

My corporation has no assets, and not amounts of cash, I am looking for suggestions, I told the original vendor that if they try to pursue this, I will bankrupt the corporation, which does not matter to me at all. It has nothing to lose, but them first not wanting to work with me then accepting a payment, does this do anything?????

Thanks for any help..



Mark
e carondelet, Illinois
U.S.A.