FDCPA is federal. We did not originate the debt, but we are a debt buyer. Technically we are a "debt buyer that does litigation". We do not collect on anybody's behalf. We comply with all federal laws and state guidelines. Everything we collect on is owned by our company. Hope that makes sense.
This company is a junk debt collector. They purchased listings of 'potential' bad debt from banks and then pray on people to try and collect money. A guy named Justin Roger Balfany from their "litigation" department will pose as an attorney and will harass you and threaten you to garnish your wages and also threaten to take you to court on a fraudulent US Bank debt. It is a state law that all collectors or people acting on behalf of a bad debt are required to provide positive proof of a debt that you may or may not have. You can check this out at this website:
If they can not provide you with PROOF, then they can not collect a debt. Google validation of debt and know your rights. Knowledge is power.
If you want to contact Justin Roger Balfany his address is [removed]
AND ANOTHER FUNNY THING. Justin has over $103,000 in judgments against him for collections. Check out this free website and enter his name into the system and see what a big loser he is.
I also checked out this company and they have many aliases of business at 7600 Wayzata Blvd, Suite 1B, Golden Valley. Justin Balfany is not even licensed. It expired on 6-30-2009. You can verify this information yourself at Minnesota Department of Commerce. If he is trying to collect money from you, turn him in, as he has no license and is breaking the LAW!!!!
This is from the president of BA llc. I am posting this because I find it upsetting that all these posts are being made. This is very disheartening to me. I will post questions and answers that you may be looking for.
Q. Are you a collection agency
A. No, we are a debt buyer that does litigation
Q. What do you do
A. We purchase debts from numerous places including hedge funds, banks, creditors etc.
Q. Could it be a mistake
A. Yes, sometimes we buy debts have already been closed, settled etc. Each debt we buy is backed up with a fully executed purchase agreement, chain of title from the banks.
Q. What happens if it is a true mistake
A. We need to be in contact with you and will work with you to solve the problem. If it is truly a mistake you will have "0" obligation to the debt.
Q. Do you buy over drafted bank accounts
A. Yes, the bank accounts we buy are charged off. Some are from a previous debt buyer and some we are the first people to purchase. We can provide affidavits that are sworn by upper management levels from these banks.
Q. I do not agree with these banks accounts
A. You are still on chex systems and if you look at your contracts, Im sure you will see the $8.00 per day charges along with the $35.00 fees. Im sure we can get to the bottom of everything on a profession level. I can also assure you that its not going to just go away.
Q. What happens if I do not do anything
A. This will eventually end up on your credit report, stay on chex systems, and you may be served with a lawsuit.
Q. If i dispute it, what will happen
A. Every dispute letter is validated by our company with affidavits and verification of debt. This will be sent back to you certified mail. At this point the debt is validated.
Q. I still dispute the debts
A. We will have done everything we can to validate the information. Again, we want to resolve the situation with you. We spend a lot of money and make a living buying and collection these debts. The debts we purchase are provided to us with executed purchase agreements and chains of title. We will order your last 12 months of bank statements showing all your transactions.
Q. What is litigation
A. We file law suits in small claims court for the full balance including court fees. This is only done when we feel this is the only way the debt will be resolved.
Q. Will I be sued
A. Its quite possible. Our lawsuits filed have more than doubled the last two months. We have a fully staffed legal department that determines when to file when your account is referred to their department.
Q. Is this a scam
A. Of course not. This makes me very upset and this is the hardest part to deal with. We will never ask you to pay in cash or wire money to us. We accept visa, master, discover and ACH payments which all have fraud protection. A fraudulent company can not be in business accepting credit cards and checks over the phone especially in our location. Its called the patriot act. We are a registered business in the state on MN. We are a debt buyer that litigates our debts. We purchase these debts in good faith with documents backing up all of our claims. We can provide chains of title that track all the way back to the bank. We will also back anything we say in writing. We work with the Attorney Generals office by answering them with any question and provide them with any info they request.
I know some people will never be satisfied with this and will never pay. We truly hold ourselves to a high standard and there are plenty of people that pay us and are very happy about it. We offer very generous settlements and payment plans. We understand people fall on hard times. A lot of good people pay us and don't pay us. We understand some just cant so we will offer hardship. Some may not be happy with the living we try to make, but its what we do and I am very proud of it. We are proudly located in Southdale mall in Edina. We are not being investigated anyone. We run a legit business and can back up any of our claims. You just need to take the time to work with us. If you feel you cant not work with my employees than you can call me direct. My name is Mark and I am the President and CEO. My number is 651 270 4626.
Bradstreet and Associates, LLC
2355 Southdale Center
Minneapolis, MN 55465
Local: 952-500-9663
Fax: 952-405-6864
http://bradstreetassc.com/
I find it interesting your claim that you are not a debt collector, as you have the Mini-Miranda posted on your website, which is required by the FDCPA, identifying your organization as a debt collector:
"This is an attempt to collect a debt. Any information obtained will be used for that purpose".
FDCPA is federal. We did not originate the debt, but we are a debt buyer. Technically we are a "debt buyer that does litigation". We do not collect on anybody's behalf. We comply with all federal laws and state guidelines. Everything we collect on is owned by our company. Hope that makes sense.