Asset Acceptance
Consumer Rights Warning About Old Debts and Statute of Limitations

Urging the Federal Trade Commission to shut down Asset Acceptance for taking advantage of consumers and stealing their money.

Do not let yourself get ripped off by Asset Acceptance. They have offices in Cleveland, Ohio and in Warren, Michigan and other cities too. They try and collect on old debts that they purchase for pennies on the dollar. Most of the time the debts are outdated and they hope a consumer with no knowledge of the Statute of Limitations will just go ahead and pay the bill without checking into consumer laws.

Asset Acceptance hides behind a post office box address, they must be afraid if they had a actual street address that consumers would come in person to them to complain.

There are consumer laws to protect us from places like Asset Acceptance. Do your homework first before paying anything at all to Asset Acceptance. If you get a paper from them in the mail and you make a monthly payment to them then that will start the Statute of Limitations all over again and then they will be able to force you to pay the rest.

The Fair Debt Collection Practices Act was enacted to protect consumers from places like Asset Acceptance.
Do a internet search for Statute of Limitations for credit debt and you will be able to find a list state by state of the Statute of Limitations for your state.

Play it safe and do not pay to Asset Acceptance, do not let them force or threaten you into paying without proof of you owing that debt and how old it is. Doing some checking will save you from losing your hard earned money.

The accounts that Asset Acceptance buys are old debt accounts and they only pay pennies on the dollar for each account.

Urging everyone that was taken by Asset Acceptance to file a complaint with the Federal Trade Commission asking them to shut down Asset Acceptance and also file a report on usacomplaints.com and also Better Business Bureau and also your state Attorney General Office.

Company: Asset Acceptance
Country: USA
State: Ohio
City: Cleveland
Address: P O Box 318037

  <     >