Who Is Asset Acceptance LLC?

Asset Acceptance LLC May Be Going to Court Against You in Minnesota Because of a financial setback, you have gotten behind or not paid on some credit card debt. You are not the type of person to try to get out of meeting your obligations, but things happened that made it out of your control. When checking your credit report you see the name Asset Acceptance, LLC. You have never done business with them, so who are they? Who Are They and What Do They Do? They were a debt buyer of credit card debts and car loan repossession debts. The company you originally had the credit card or loan with packaged your debt, along with maybe hundreds of others and sold it to Asset Acceptance, LLC, for possibly only pennies on the dollar. The way they make money on the deal is by collecting all or a portion of the debt from you. Their collection practices were aggressive and many times illegal. They were located in Warren, Michigan but had dealings with people all over the country,…

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