We received a call from Mickey Hart, a debt collector. He called someone who is not living with us, so we did not return the call. He has called our phone number several times, late in the evening, sometime in the early morning. Very persistent.
Asset Acceptance Corp. (AAC) is a publicly traded company. (Nasdaq: AACC) They purchase old portfolios of mostly worthless charged-off accounts for pennies on the dollar. Once owned, they appear to inflate the value of the portfolio, send out dunning notices and try to collect at a ridiculous profit.
Don't be surprised if you notice the date of last activity on your credit report, as stated by AAC is WRONG! Deliberately changing the date of last activity is a way to scam consumers into thinking they are entitled to money they would not legally be allowed to collect.
This is standard procedure for them -- from "re-aging" the debt on the credit history, to suing on what is probably a statute of limitations claim, to reneging on a written promise.
Watch out for the mystery $50-$75 payment you didn't' make that magically revives the account. When pressed, they claim to do an investigation and "discover" that they made a "clerical error" and mistakenly posted someone else's payment to your account.
NOTHING this 'House of Cons' does should be believed or taken at face value. They have proven over and over they are liars and thieves!
Under federal law, the Fair Credit Reporting Act (FCRA) an account may ONLY stay on a credit report for seven years. One of the cons being used by Asset Acceptance is to claim you made a $50 payment, which would have re-started that clock. Unfortunately this is a 'bogus-claim' by AAC, is illegal and violates your rights.
Asset Acceptance Corp has earned the distinction of one of "AMERICA'S WORST COLLECTION AGENCIES". They lie, steal, cheat, misrepresent, file bogus claims, create phony documents and commit perjury in the court system JUST to increase their bottom line.
My home phone rang once at approximately 2:00 a.m. It rang again, once, a few minutes later and there was no one on the line when I picked it up. It rang about 3 more times before 3:00 a.m., each time a single ring and no message or person on the line.