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Report: #370498

Complaint Review: Bureau Of Asset Management - Anaheim California

  • Submitted:
  • Updated:
  • Reported By: ann arbor Michigan
  • Author Confirmed What's this?
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  • Bureau Of Asset Management 1100 E Orangethorpe Ave Anaheim, California U.S.A.

Bureau Of Asset Management Very shifty, unprofessional, usually unlicensed. Don't send them money Anaheim California

*Consumer Comment: re

*Consumer Comment: Additional Complaint

*Author of original report: update

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I received a phone call from an old friend. He said that this company had contacted him and were trying to serve me a summons in order to sue me for an old hsbc account, almost 7 years old.

I contacted them, and the high pressure tactics started. They informed me that I was going to be sued, and to send them $3900 to stop them. This is on an original debt of less than $800. I told them I would try to arrange something, and the phone calls started coming from them almost hourly. They were adamant that I set up a payment IMMEDIATELY, which made me somewhat suspicious of them. Very stern, threatening and unprofessional. Granted, they are in California, and I am in Ann Arbor, MI. Any more dealings I have with them will be recorded.

I did some research on them, and found out that they had been sued by the AG's of several states for unlawful practices. They buy old debt, and basically set their own number of what should be paid. They also operate under several different names, and change telephone numbers often, essentially to skirt anybody doing research on them. It's not a large operation, and they have no real legal staff.

Simmons
ann arbor, Michigan
U.S.A.

This report was posted on Ripoff Report on 09/06/2008 07:28 PM and is a permanent record located here: https://www.ripoffreport.com/reports/bureau-of-asset-management/anaheim-california-92801/bureau-of-asset-management-very-shifty-unprofessional-usually-unlicensed-dont-send-th-370498. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
0Author
3Consumer
0Employee/Owner

#3 Consumer Comment

re

AUTHOR: John - (U.S.A.)

POSTED: Monday, September 08, 2008

Send them a letter via Certified Mail + Return Receipt stating:

Per the Fair Debt Collection Practices Act, I am requesting:

- written validation of this alleged debt and that said alleged debt is within the statute of limitations
- Cease all verbal communications with me about this alleged debt.

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#2 Consumer Comment

Additional Complaint

AUTHOR: Anonymous - (U.S.A.)

POSTED: Monday, September 08, 2008

My fiance just recently dealt with this Bureau of Asset Management. Like most of the other complaints, this company found an old outstanding debt and tried to collect over twice the actual amount owed. The actual amount was $950.00 and they attempted to collect $2200.00.

They threatened her with subpoenas, court appearances, & lawsuits. We are located in NJ and they also threatened to send "paperwork" to their "attorneys" over here. It was all complete nonsense. I went ahead an emailed a local news office who investigates dirty collection tactics and was told to check out the Fair Debt Collection Practices.

Well, I did and to no surprise, this company broke more than one rule listed. So, I filed a complaint with the FTC and that's where it is to date. I don't know if they'll investigate the situation based on a single complaint, but it's a start. Good luck to anyone who has to deal with these con artists.

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#1 Author of original report

update

AUTHOR: Simmons - (U.S.A.)

POSTED: Saturday, September 06, 2008

They also do business under Credit Recoveries inc.

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