 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
Bankruptcy Circuit City Asset Acceptance collecting debt for Chase
I purchased items from Circuit City in 2005. I was contacted almost 2 years ago regarding the debt I owed. I have been paying $100 per month. The kicker is that they want me to pay $1300. On top of the debt. Three questions: Circuit City is out of business. Does this remain as a valid debt? Is there a limit as to what they can charge me above the amount of the debt
|
||||
|
||||
|
It is a debt you owe. The $1300 may be late fees when was the last time you made a payment? Just because circuit city went out of business does not mean you don't owe. A finance company is the one that held the circuit City credit card. Not circiut city the store. As the amount they can charge look at the fine print of what you signed |
||||
| Question Tools | Search this Question |
Add your answer here.
Check out some similar questions!
I have been served with a lawsuit by asset acceptance. A few years ago, when I was unexpectedly unemployed, I could not make the payments on three credit cards. A bankruptcy lawyer told me I could either pay or ignore them. I tried to ignore them as I am barely catching up on basic expanses. But...
I received a summons from Asset Acceptance for a credit card from Discover back in 1997. I had been making payments on it (Asset - because they scared the crap out of me) from 2006-till May of 2008, when I was on maternity leave, and had no income. So unfortunately, that was a bill that had to be...
I have signed a contract to sell my house and buy another house closing date is 8/27/09. To get the loan I must get the $3,300.00 debt from SWB (South Western Bell ) cleared which requires dealing with Access Acceptance. The guy keeps bringing up a Bank One charge from 1994 for a truck repo....
I have read so many things on Asset Acceptance and know that they don't always follow the rules. I found them on my credit report recently. The debt is from 2002 but shows it was opened in 2004. Is that when they acquired it? They had never contacted me until after I had called them about 4...
Help! I am trying to get a mortgage on a house (first time buyer!) I have settled all my collection accounts on my credit except this one with Asset Acceptance, now the strange thing about this is bought my debt back in 2003. The original credit was First Consumers National Bank, they sold all this...
View more questions Search
|
