;
  • Report:  #81781

Complaint Review: CAMCO (aka) Capital Acquisitions And Management Company - Rockford Illinois

Reported By:
- Hudson, Florida,
Submitted:
Updated:

CAMCO (aka) Capital Acquisitions And Management Company
913 North Main St.. Rockford, 61103 Illinois, U.S.A.
Phone:
877-298-0845
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
Like the several hundred other report regarding CAMCO they are trying to collect a debt that even if it were legitimate is well beyond the SoL for any state regarding OPEN ACCOUNTS. They CLAIM this debt is from CitiBank since 1986. I called CitiBank and they have no records of me or this debt.

During a phone call on Feb.11,2004 in which I continualy told them that they MUST validate this alleged debt in writing I was constantly interrupted and fast talked by BOB, who told me they don't have to validate anything. He eventually made me so mad that I called him an a*s@#*e and hung up on him.

On Feb.16,2004 I recieved a letter and the only information provided was the name CitiBank (no account number)and the amount ($1,556.48) they say I owe, which does not show the original amount. They also offered a settlement amount of $1,245.19 with a notation below that if I did not accept one of their payment options they woul evaluate my credit history and present financial circumstances, then proceed with an appropriate collection program.

I have since contacted the B.B.B., the Florida Department of Consumer Affairs and the Florida States Attorneys Office. I was informed by the B.B.B. of CAMCO's practices but did not recieve any other info.. The Florida Dept. of Consumer Affairs however informed me that they have had other complaints against CAMCO and that in NO way can CAMCO put anything on your credit reports, nor can they sue you if your debt is beyond the SoL for your state.

Do not let these people use misleading or downright illegal tactics to coerce you into paying by phone or mail without written validations. Also be sure to write a cease and desist letter to them. If they call you after that they are breaking the law.

Please do a web search for the FDCPA to research your leagal rights and NEVER ever acknowledge anything but your name when they contact you. Good luck and don't allow these people to ruin you lives.

Ed

Hudson, Florida
U.S.A.


2 Updates & Rebuttals

Jacqueline

Hammond,
Indiana,
U.S.A.
CAMCO possible contact info

#2Consumer Suggestion

Sat, February 28, 2004

There are quite a few inconsistencies in their location, because most don't realize, that they have offices in different parts of the country. The main headquarters are located in Chicago. Even with that considered, to make this 100% varifiable you just might have to call or write and ask. Act like an interested stock holder. Okay maybe not, but here's some more contact info for your research. Physical Addresses: CAMCO 228 Page Street, Ste 2 Sycamore,IL, 60178 County: De Kalb Phone: 815-895-1840 Fax: 815-895-1841 600 Wrightwood Ter--(?) Libertyville, IL 60048 847-362-1133 303 North Main Street Rockford, IL, 61125 Phone: 815-895-1840 Fax: 815-968-1840 920 15th Avenue East Moline, IL, 61244 309-752-1295 Post Office Boxes: PO Box 5087 Rockford, IL, 61125 Capital Acquistions CAMCO PO BOX 4478 Houston, TX, 77210* PO Box 158 Sycamore, IL, 60178 *About the Texas Post Office Box this is connected to Principal Mr. Jeff Garrington Compliance Officer. The phone number connected to this officer is: 877-298-0845, fax: 815-968-1577. I tried to verify these addresses through multiple sources, i.e. here at the Rip-off Report, yellowpages.com, infospace.com, bbbonline.org, and Google. I think you already have some of these, but at least, this makes the sources more consistent. It's not unusual for a business like this to have multiple addresses, as you might have stated. The zip codes might be different due to typing errors or missprints. Like I said, the only other way to verify them is to call or write a business inquiry. They do have a website. They get a lot of high status publicity through massive debt collection conferences, and conventions, but are not always respected by their associates. They also have aliases, which vary from one post office box to the next, and one city to the next. Aliases: Capital & Acquisitions Management, CAMCO, C.A.M.C.O., Capital Acquisitions, and Capital Management Unfortunately, their website is massive, and business is prosperous, which means there are a lot of victims. Eventually, the Federal Trade Commission might have to step in, because some of their debt collection practices are potentially-allegedly illegal; as you have possibly reviewed here at the Rip-off Report. The difficult part right now remains in the collection of evidence to prove their violations. This is a part of why they are so successful, and get away with so much. They have the right to practice debt collections. Most States don't even require licensing and bonding, BUT this has to occur WITHIN THE CONFINES of the law. This is where the burden of proof remains. Well, not sure why you need this info, but hope it helps.


Ed

Hudson,
Florida,
U.S.A.
CAMCO address conficts

#3Author of original report

Wed, February 25, 2004

As I do more searching I am finding conflicting addresses for CAMCO. The first address I was given by them was a P.O. box address: CAMCO P.O. Box 50877 Rockford, IL, 61125-0087 Another recent post has them listed at: CAMCO 303 N. Main St. Rockford, IL, 61101 Another address that I obtained has them located at: CAMCO 913 N. Main St. Rockford, IL, 61103 I understand that the zip code for their PO box address may be different from their physical zip code, but these varying addresses in recent reports has me confused. Does anyone have a confirmed up to date physical address or are these people doing constant moves of their offices as so many shady businesses do? I want to be sure my verified signiture return receipt letter gets to the proper place. Thanks for any info..

Reports & Rebuttal
Respond to this report!
Also a victim?
Repair Your Reputation!
//