Report: #91952

Complaint Review: Capital Acquisition and Management Company - Midland - Rodkford Illinois

  • Submitted:
  • Updated:
  • Reported By: Groveland California
  • Capital Acquisition and Management Company - Midland 303 N. Main St. Rockford ILL 61101 Rodkford, Illinois U.S.A.

Capital Acquisition and Management Company ripoff! Rodkford Illinois

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After my baby sister died and I paid for the expenses for burial, and I was now the Guardian of her 8 year old son I came home to find an letter from C.A.M.P.O. telling me that I owed them $9,261.82 from some account from a Marine Midland Bank. This letter was addressed to a last name that I have not used in 15 years. It was not even spelled right.

When I called to let them know that I have never heard of this company and inquired what this debt was for I was made to wait for 5 minutes until someone got on the line and told me that this was a debt from 1985. They even had my social security number.

I told them that this debt was not mine that there had been some sort of mistake. they told me that this debt would never go away and that I needed to pay it.

I asked them to send me a copy of the original contract with my signature and with an explaination of what this debt was for.

Two weeks later I received another letter in the mail titled a Affidavit and Assignment. This letter gives no more information than the first one except that the principal amount was $4,090.27. This letter was also stamped with a Notary Public seal.

Now it dosen't take a Lawyer to figure out that if I did indeed owe $4,090.27 from 19 years ago, the interest alone would bring the total over the $9,261.82 they say I now owe.

I'll bet if I were to call them and ask if they would settle for $2,000.00 they would take it. Well they are not getting one cent from me. I have been told that if I were to give them a dollar that I would then be admitting to the debt and would have to pay.

This letter came at the worst time of my life. I felt so low that I had thought of just ending it all. This letter put me into such a state of deep depression, I cried for days.

Then I told my boss about it and she suggested that we look them up on the internet. When I saw what this company has done to so many people I felt like I was hit in the stomach. I was glad that this news was not true but then my depression turned into anger. These people need to be stopped before they push someone over the edge.

Groveland, California

This report was posted on Ripoff Report on 05/18/2004 12:43 PM and is a permanent record located here: https://www.ripoffreport.com/reports/capital-acquisition-and-management-company-midland/rodkford-illinois-61101/capital-acquisition-and-management-company-ripoff-rodkford-illinois-91952. 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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