4 years ago I cancelled a credit card with Montgomery Ward. Their bank issued me a letter stating the account was closed and no debt owed. Sherman Acqusition LP, under the name Risk Management Alternatives, Inc. Persued Collection of the debt. They constantly harrased me even after I informed them of the letter from Montgomery Ward's Monogram Bank. I offerd to fax them a copy of the letter and they refused to accept it.
I ended up filing complaints with the BBB and Attorney General's office of Ohio. The company has so many addresses they were very difficult to track down (I am sure this is by design). I received a letter of "cease and desist" on the account from RMA, Sherman Acqusition LP. Sherman is now, one year later trying to collect on the same account.
I believe this is illegal and constitutes fraud and extorsion. I know that it violates collections laws as well as consumer credit laws. As far as I am concerned the company is a bunch of wannabe, scumbag lawyers that couldn't make it chasing ambulances.
Anybody receiving collections notices from this company should fight it all the way. File complaints to the BBB, this site and your state AG and the Texas state AG.
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