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Asset update


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Posted by glitter_girl (12.211.14.118) on December 17, 2003 at 11:42:23:

Asset responded to the Attorney General.

Said we are not a debt collector as we buy ACCOUNTS in the normal course of their business (poppycock, you buy charged off debts for the purpose of collecting)

THerefore since we are not a debt collector no licensing requirements exist. (WHAT????? NOT what the department of licensing says. BUT lets say for arguements sake you are NOT a debt colector, and are a finance company, HELLO licensing laws exist for THOSE too!!!!!! AG was very concerned with the fact that Asset is not licensed as any type of finance institution anywhere in the country and that they are pickign when and why and what laws apply to them.)

We do not understand why she thinks we have not validated. (un, printoput and two old statement that contradict each other is NOT validation)

I (the lawyer) am satisfied we have been in compliance with FDCPA. (oh good god, more "the law exists to be defined by us and used as we see fit but when we don't wan tit to it does not apply to us)

She and her cohorts of internet debt avoiders ('cuse me??? what they heel does THAT mean???) do not say they don't owe the debt and are just wastign the AG time filing bogus complaints to get out of paying. (NO, I stated several times, prove I owe THIS amount to YOU and not the original charge off amount to the original creditor and I will gladly pay, absent this proof leave me alone)

Interesting fyi - the lawyer signed it "A Debt Collection Company"

AG says file small claims. You have all their communications, copy of reports to show the crap they are pulling on those, you have contacted everyone possible in helping you GET true validation and they have stated to teh AG they are going to continue collection despite not providing legal valaidtion. They are now in willfull non-compliance, and guilty of defamation and misrepresentation.

She said file a complaint to the department of licensing, they will verify the licensing requirements that I can then use against them in court for misrepresentation and showing history of abuse of laws. File complaint against ACA, they recognise Asset as a debt collector and want stand for the arguements they tried to give the AG, and therefore may be able to do something about the "valdiation or leave her alone" thing.

Then if all else fails, file small claims (only $25 and she gave me number for volunteer lawyers), OR get a few people together and file a class action and see if we can't do somethign about asset goign about unregulated and out of control.

Most finance companies of ANY kind must be licensed so that the government can keep tabs on how money is being handled and to protect the consumer from "break your legs" type tactics.... Debt collector or not Asset is not liicensed as ANYTHING and therefore has to be caught in their lies......

I am talking to lawyers about a class action now. Anyone who wants to be on board post now or stay tuned.....


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