i received a judgement from Aaron and Associates (A.F.S.assignee of GE bank) in tuscon az they said i had been found liable for a ten year old debt. They sent me the court paperwork and all I checked the pima county website, nor are they on any of my credit reports. I could not find the case against me or my wife.
what gives and what should i do?
2007-12-25 13:05:42 · 8 answers · asked by DAVID M 2 in Business & Finance ➔ Credit
CALL the courthouse and find out, were you ever served papers to appear in court?
Then above all stay off the phone, PERIOD.
They are not suppose to lie and besides the debt is outside the SOL unless they do in fact have a judgment against you.
ADDED
Before you start sending stuff over to the DA in Tucson find out the facts first!
2007-12-25 13:14:21 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Portfolio Associates is a big collection company and it is legit; however, they are not allowed to threaten you and should be reported to the Better Buisness Bureau. If he calls again and makes statements like that, tell him that he continues to harrass you and make threatening comments you will be forced to get a lawyer and file a lawsuit. Be prepared to follow up that threat. You can usually settle with collection agencies but get a letter from them first stating that if you pay such - and - such amount they will consider the account paid in full (or settled). I would start by offering half of what is due (you'll have to pay it all at once though) and go up from there. Usually you can end up paying about 1000 less than what you originally owed by offerring to pay a lower amount all at once verses payments. Once you recieve this letter and you pay the amount settled on make sure you get a payment confirmation letter from them. Sometimes these companies wont send the letter but legally they have too so keep on them. Once you recieve this letter call the 3 major reporting bureaus: Experian: #800-831-5614 Equifax: #800-685-1111 Transunion: #800-916-8800 and open a dispute for that collector. More times than not, collection companies will either stop reporting to the bureaus (but it will continue to show up for 10 years) with a balance or they will keep reporting it with a balance. Opening a dispute with the bureaus will make sure this shows as paid. Hope this helps, email me if you have any questions regarding this. PS: many times a collection company will try to collect the debt for a while and if no success it will go to a lawyers office. This is common too. Doesnt mean there is a lawsuit against you but they may be able to get a judgement against your wife if not paid. If you are having seruious doubts about this collection get information from the collection company and call the original creditor. Tell them you are having doubts whether it is legit they will usually be the ones to give what info you need to verify the collection is legit. Good Luck, sorry this answer is long just wanted to give you as much info as I could.
2016-05-26 05:45:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You can win a lawsuit against this company for falsely giving you a court order. This debt is passed your states SOL meaning they cannot win a law suit, However they can take you to court. I would show up the the appointed court date do not miss it, they are suing you thinking you do not know about the SOL. About the other issue i would check with a attorney "free phone concoutation" this behavior you could counter sue and settle for a couple of grand
2007-12-26 04:00:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Its all b/s, especially if its ten years old..there are a lot of scammers out now and use scare tactics to get people to pay..don't listen just hang up or get a service from your phone company which costs as little as four dallors a month and you can add that number and block calls....and yes they lie like you can't imagine..
2007-12-25 14:09:56 · answer #4 · answered by xyz 6 · 0⤊ 0⤋
Do you think it's legit? That is, did you have financial trouble 10 years ago? if yes, you'll need to find out what the orignial resolution was back then and you MUST HAVE PAPERWORK to support your claim/settlement otherwise they may be 'lying' in that you settled but if you have no proof then you might be up the creek.
2007-12-25 13:11:19 · answer #5 · answered by Anonymous · 0⤊ 1⤋
I think "Prove It" would be a good starting point - demand specific details. It may be a fraud. If you want to be abrupt, make copies of what you have found and send them to the district attorney over Tucson with a letter suggesting that this might be fraud and send copies with a copy of your DA letter to the company.
They may be hoping you will just pay or they may have sent it to the wrong person.
2007-12-25 13:12:32 · answer #6 · answered by Mike1942f 7 · 1⤊ 1⤋
Sounds like a scam to me, unless you have information about this old debt you aren't sharing with us. If it's a scam, it's unlikely that it's a 'real' agency of any sort.
2007-12-25 13:08:59 · answer #7 · answered by heart o' gold 7 · 2⤊ 0⤋
Well the first thing you should do is change your name
If you haven't noticed, it's kinda already been taken......
2007-12-25 13:09:50 · answer #8 · answered by David M 3 · 0⤊ 4⤋