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Updated on Author: Contributor: Sergei Lemberg

Are You Being Called By Asset Acceptance Capital Corporation?


Every day, consumers across the country are being chased and harassed by collection agencies who ignore their rights. They would rather that their victims not know about the law that protects people and fines debt collectors who go too far.

Your Rights Under the FDCPA

The Fair Debt Collection Practices Act protects people from being abused by debt collectors simply because they owe money. It provides you with legal protection and prohibits collectors from using tactics like those below:

● Using profane or obscene language
● Calling you at work
● Ignoring a cease communications request
● Seeking payment for a time-barred debt
● Reporting incorrect information to the credit bureaus
● Presenting themselves as attorneys or police officers

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Company Profile: Asset Acceptance Capital Corporation

If you are being called by Asset Acceptance Capital Corporation, here are some additional company details

Asset Acceptance Capital Corporation, which also does business as Asset Acceptance, LLC, is a debt collection agency headquartered in Warren, Michigan. It opened for business in 1962, employs 1,128 people across its various locations, and is overseen by CEO Rion Needs. A review of legal records at the PACER archive indicates that those who believed that Asset Acceptance Capital Corporation was harassing them got a free case review from a consumer lawyer before filing a claim.

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Alleged Violations against Asset Acceptance Capital Corporation

According to PACER, on or around September 15, 2010, Asset Acceptance Capital Corporation called a Connecticut consumer to collect a debt. She stated that she had retained an attorney to file for bankruptcy. The caller allegedly informed her that if she settled the debt with them, it would have a better impact on her credit.

Feeling harassed by Asset Acceptance Capital Corporation, she took the firm to court for using deceptive means to get her to pay the debt.

The matter was later settled.

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Hire a Consumer Lawyer

The phone number for this debt collector is 1-586-939-9600. If it appears on your caller ID at any time, you are being called by Asset Acceptance Capital Corporation. If they make misleading statements to dissuade you from seeking bankruptcy protection, hire a consumer lawyer and file a claim against Asset Acceptance Capital Corporation. You could potentially receive $1,000 per violation of the FDCPA plus legal fees, so take a stand when a debt collector goes too far.

*Case taken from PACER (www.pacer.gov). File number is Case 3:10-cv-01903-RNC from the United States District Court for the District of Connecticut.

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Additional Resources

  • Did A Collection Agency Make False Statements Regarding Your Debt?
  • Are You Being Threatened By A Debt Collection Agency?

Disclaimer: The content of this article serves only to provide information and should not be constructed as legal advice. If you file a claim against Asset Acceptance Capital Corporation or any other third-party collection agency, you may not be entitled to any compensation.

About the author:

Contributor: Sergei Lemberg

Sergei Lemberg is a consumer rights attorney, practicing since 2006, whose practice focuses on consumer law, class actions and personal injury litigation. He is known for a United States Supreme Court case (Facebook v. Duguid) defending consumers from autodialers under the Telephone Consumer Protection Act of 1991 to send unsolicited text messages. He is also the author of Defanging Debt Collectors, a book that teaches consumers how to battle debt collectors and win.

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