Asset Acceptance is a high volume debt buyer whose main office is located at 28405 Van Dyke Ave.,Warren, MI 48093.

• Asset Acceptance has been held liable for unfair, fraudulent and abusive debt collection practices by courts throughout the United States.
• In 2006, Asset Acceptance illegally obtained a default judgment and bank account restraint on a New York consumer who was declared legally mentally incapacitated.  See In re Garcia, 16 Misc.3d 1123(A) (N.Y. Sup. Ct., Queens Cty. 2007).  The Court excoriated Asset Acceptance and the law firm working on its behalf, Goldman & Warshaw, P.C., for their reprehensible collection activities and conduct, prohibiting collection on the debt and ordering the collector to pay mentally incapacitated consumer’s legal fees.
• In another federal case, Asset Acceptance was sued under the Fair Debt Collection Practices Act (FDCPA).  The consumer alleged that Asset Acceptance had a pattern and practice of suing consumers on old, “time-barred,” debts for modest debts owed, knowing that it would cost consumers more money to hire consumer lawyers to defend them than it would to simply pay the debt.  See Cotton v. Asset Acceptance, LLC, 2008 WL 2561103 (N.D. Ill. 2008).
• Asset Acceptance’s attorneys were sanctioned by an Ohio federal court for frivolous conduct in a Fair Debt Collection Practices Act (FDCPA) class action lawsuit.  See Hartman v. Asset Acceptance Corp., 1:03-CV-113 (S.D. Ohio 2008).
• Schlanger & Schlanger has recently represented several consumers in litigation against Asset Acceptance, reaching settlements in which our clients paid as little as .14 cents on the dollar to settle their “debts.”

If you are being sued by Asset Acceptance, LLC or its representatives, or are suffering debt collection abuse or harassment at the hands of Asset Acceptance, contact the consumer lawyers at Schlanger & Schlanger, LLP at 1-800-685-2580 or by filling out our consumer questionnaire.