Palisades Collection Ripoff CREDIT REPORT FRAUD Englewood New Jersey

Chris, here's what happened ,,,

Most of the "debts" they are collecting are NOT for a client, they are collecting for themselves. They own the debt, but they name the original creditor as required by law.

Sometimes these files are missing SS#, DOB, address, etc.. So the collectors mail these notices to everyone with a name that resembles yours, and calls everyone with your last name, etc..

They are fishing, trying to validate a debt.

Also understand that paying it does not remove it from your credit report. Paying it will cause it to remain 7 more years from the date of payment as a paid collection.

The only way to remove it from your credit report is to dispute it. And file an FTC complaint, as well as a lawsuit for damages.

Unfortunately, none of these things they do are criminal, they are civil matters.

File the FTC complaints and also sue.

Never heard of them, never contacted me, never gave me a chance to dispute under the FDCPA.

I'm reporting this to the FTC and the FBI, as well as the New Jersey attorney general's office. I think these people will be fit for orange jumps suits very soon.