I received a letter from Asset Acceptance LLC today.
The letter states as follows:
Dear ,
The above referenced account has been referred to this department [Legal Department] In the past, Asset Acceptance LLC has attempted to contact you to resolve this account. It is in the best interest of the parties to settle these matters. Please contact the undersigned at the number provided to make arrangements to repay this account.
If this department does not hear from you, we will assume that you do not which to resolve this matter and we will refer it to an attorney in your area for legal consideration.
Sincerely,
Legal Supervisor/Debt Collector
Asset Acceptance LLC
I reside in Illinois, my last payment was in 2004 after some not so successful payment arrangements with Dell computers. (They were to take out money out of my bank account each week, but still called to collect and had no record of my payment arrangement so I stopped paying) My current debt with interest and fees still recurring is 3098.49. Should I be worried about being sued or is this just an empty threat to get the money? I've been threatened about legal action from Famous Barr before it was Macy's and the letter I received was from an attorney threatening legal action, but none was ever taken. What do you guys think?
I have not disputed the debt, contacted or talked to the debt collectors regarding this account.
Thank you for any advice.![]()

