Apex Financial Management
AKA Hilco Receivables their Parent Company They are trying to collect on a debt that was charged off over 3 years ago. Ripoff

I received a letter yesterday from this company stating that their "client" Hilco Receivables, had bought my 3 and 1/2 years old, charged off, debt for a balance left after I voluntarily surrendered a car for repossession.

Not only had this debt been charged off over 3 years ago, but according to at least one of my credit reports, it was also used as a "profit and loss writeoff".

When I called the company to find out what was going on, and to tell them that the debt had been written off years ago, the person I spoke to was extremely rude, with a very nasty attitude.

She told me that if I did not agree to start making payments to them immediatly, she would have to send it to their legal department, so that they could take me to court.

This was all after I told her that the original creditor had never even attempted to collect on this debt and had written it off over 3 years ago. I had also told her that I am disabled, we are low income, and that we can just barely pay our existing bills as it is.

When I was first told that their was still a balance owed on the car loan, I informed the leinholder that both my husband and I were unemployed, and that there was no possible way that we could afford to pay them anything. That was the last time I ever heard from them. I found out later that they had resold the car for its bluebook value anyways.

Since I returned this car to the leinholder in late I have become completely disabled, and am on Social Security Disability. Plus, my husband works only part time, for minimun wage.

I also informed this person that we had filed chapter 7 bankruptcy in Jan. Of and if anyone had ever attempted to collect on this debt, I would have certainly included them in the bankruptcy.

All through our entire conversation, this person made inappropriate remarks. Such as: if I was disabled, I must have known that I wouldn't be able to pay for this car before I bought it.

No matter what I tried to tell her, she just kept making unkind remarks, and insisting that if I didn't start paying them at least $50.0 month, they would sue for a judgement against me.

She also outright lied to me, saying that even if a debt had been written off, it still existed, and I was liable to pay them for their supposed "client", who I found out later is really their parent company.

She also said told me that as of the time her "client" bought this debt, the clock on it had started over like I had just incurred it. Or in other words, the statute of limitations on it had started over.

This person was also a real smart *ss, calling me "immature", when I told her that they may as well sue, becuase we are low income, have no money to pay this debt, and don't have any assets.

She even made nasty comments about how it was our lawyer's responsibility to make sure this charged off debt was included in our bankruptcy.

When I informed her that we had been unable to afford a lawyer, and had to file on our own, she said, "Well thats your problem".

Anyways, both this company, and their parent company are both very un-ethical, and downright slimy, and I advise anyone who is contacted by them to question anything, and everything, they say.

Company: Apex Financial Management
Country: USA
State: Illinois
City: Northbrook
Address: P O Box 2189
Phone: 8883246402

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