Is Asset Acceptance LLC legitimate?

Is Asset Acceptance LLC legitimate?

Asset Acceptance, LLC, Inc is a real, legitimate company. Originally founded in 1994 in Deleware, currently headquartered in Troy, MI, they are a medium sized collection agency in the US. Their mailing address is 320 E Big Beaver Rd Ste 300, Troy, MI 48083-1238.

Is Asset Acceptance LLC still in business?

Asset Acceptance Capital Corp., a.k.a. “Asset Acceptance, LLC” or simply “Asset Acceptance,” is now “Encore Capital Group, Inc.” In June of 2013, Encore Capital Group announced on it’s website that it closed its acquisition of Asset Acceptance Capital Corp.

Can Asset Acceptance garnish my wages?

If a default judgement is entered by the Court against you, Asset Acceptance LLC will be authorized to garnish your wages, take money from your bank account, collect attorney’s fees and court costs, and seize your personal property.

How do I contact a LLC Asset Acceptance?

1 (800) 545-9931
Asset Acceptance Capital Corp./Customer service

Who bought Asset Acceptance?

Encore Capital Group, Inc.
–(BUSINESS WIRE)–Asset Acceptance Capital Corp. (the “Company”) today announced that Encore Capital Group, Inc. (“Encore”) has completed its acquisition of the Company in a mixed stock and cash transaction.

Who is Cach LLC?

CACH, LLC is a debt collection agency that often purchases debt from other companies. Sometimes, after an account goes into delinquency, the creditor decides to sell the debt to another party.

How do you beat a garnishment?

Here are several options you have available to try to overcome the threat of your wages being garnished.

1. Option 1 – Challenge the Wage Garnishments.
2. Option 2 – Negotiate a Payment Plan.
3. Option 3 – Contact a Credit Counseling Service.
4. Option 4 – Consider a Debt Consolidation Loan.

Is CACH, LLC a collections agency?

Who took over CACH, LLC?

Resurgent Capital Services
You still owe your debt but the new owner is CACH. CACH outsources the management of its portfolio of accounts to a company called Resurgent Capital Services. Resurgent Capital Services is a licensed third-party debt collector specializing in the management of these types of consumer assets.

Can your bank account be garnished in Florida?

In Florida, bank account garnishment is authorized by Chapter 77 of the Florida Statutes. Specifically, under section 77.03, a judgment creditor can request that a court issue a writ of garnishment. Once issued, the creditor serves the bank with the garnishment.

What percentage of your income can be garnished?

25%
Federal Wage Garnishment Limits for Judgment Creditors If a judgment creditor is garnishing your wages, federal law provides that it can take no more than: 25% of your disposable income, or. the amount that your income exceeds 30 times the federal minimum wage, whichever is less.

What happened CACH, LLC?

You may have received a collection letter and are asking yourself, “Who is CACH LLC?” CACH LLC was part of Square Two Financial for many years. In 2017, Square Two filed for bankruptcy and much of its portfolio was sold to Resurgent Capital Services. You can reach out to Resurgent Capital Services at (888) 665-0374.

Who is Asset Acceptance LLC and what do they do?

Asset Acceptance LLC is a medium-sized debt collection agency that was founded in Delaware in 1994. However, they are connected to a company called Encore Capital Group and is a part of Asset Acceptance Capital Corporation, which has been in business since 1962.

Does Asset Acceptance have any complaints with the CFPB?

It’s pretty common for debt collectors to have complaints with oversight bureaus, and Asset Acceptance LLC is no exception. Since their founding, they have had 128 complaints filed with the Consumer Financial Protection Bureau (CFPB) and 7 complaints filed with the Better Business Bureau (BBB).

How do I remove assetasset acceptance LLC from my credit report?

Asset Acceptance LLC should respond within 30 days with documents that prove the account belongs to you. If they cannot, they are required to contact the three major credit bureaus and remove the debt from your credit report. If you have already paid for the debt, you still have a chance at getting it removed.