Report: #68908

Complaint Review: Capital Acquisitions & Management Company - Rockford Illinois

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  • Reported By: Elk Grove California
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  • Capital Acquisitions & Management Company P.O. Box 5087 Rockford, Illinois U.S.A.

Capital Acquisitions & Management Company (Representatives) Judy Mailloux & Art Davis Trying Extort money on a 16 year old Credit Card Debt 12 years pass the Statute of Limitations Rockford Illinois

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On Sept 3rd, 2003 I received a letter from Capital Acquistitions & Management Company, (CAMCO). Claiming that I owed $4772.38 to them, because they had purchased this debt from 1st Interstate Bank. When I called their number, 1-877-298-0845 Ext: 1364, the letter says that this is the phone extension for Judy Mailloux and that is how the woman answered the call, as Judy Malloux.

She stated that this is a 16 years old debt and that CAMCO had been given a legal judgement to persue this debt. She told me 3 times that I needed to get myself a lawyer or else my credit would be jeopardized. When I said that there is a Statute of Limitations, she disagreed with me and said that I could save myself money by paying CAMCO $2500.00. I told her she was crazy and a few other things, when I noticed that all the background voices had ceased and that my voice was now echoing, because I was now on her speaker phone.

This was the rudest and most humilating thing, because this person had just read off my Social Security Number and it was obvious that most of the surrounding workers were listening to everything that both of us were saying. It made me worry that any one of those low lifers now had my Social Security Number. When I told her I would not pay anything, this person stated that Camco would accept $1000.00. Once again I refused and finally hung up.

Yesterday, 10-11-03, I received another letter from Capital Acquistitions & Management Company. First, what I find strange is that the letter is mailed from Houston, Texas 77210-4478 and on the outside it is stamped, Personal and Confiential, well not any more. So now they claim that I owe CAMCO $4788.90 and that I should call Art Davis to discuss this. Yeah right!

Last month I did a lot of checking and I found out that CAMCO has broken Laws, both Federal And State i.e. California's Statute of Limitations on an Open Account, (Credit Card )is not collectable after 4 Years. Plus for Judy Mailoux who referred 3 times to me to get a Lawyer and mentioning my S.S.N. out loud as well as telling me that my credit would be ruined.

I am going to persue this until CAMCO ends up being made to PAY FINES for their ILLEGAL actions against myself, The Federal Government and the State of California.

I would be willing to call them again and tape the s****.> Paul
Elk Grove, California

This report was posted on Ripoff Report on 10/12/2003 05:02 PM and is a permanent record located here: https://www.ripoffreport.com/reports/capital-acquisitions-management-company/rockford-illinois-61125/capital-acquisitions-management-company-representatives-judy-mailloux-art-davis-tryi-68908. 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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