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

Whether or not it is legal or not to collection a time barred debt is not the question here. You may use the law if you think they MAY break the law or are about to. It is illegal to threaten your credit. It is illegal to threaten a time barred suit. What makes it criminal is camco employees routinely threaten physical violence and yes I have gotten hundreds of letter that deal specifically with that. THAT is a criminal penalty and you have every right to assume they will use it on you. Read one of the reports in which the lady was threatened with rape. I have many reports of camco employees pretending to be the sheriffs office to scare consumers into paying. THAT is a criminal offense. My life has been threatened by these people before. THAT is a criminal offense. THOSE are the reason that allow you to tape and allow you to make a reasonable presumption that they will commit a criminal act against you. That is why a Michigan NACA attorney gave me that statute and used it successfully against Camco already. Tape them legally and sue them. That is the only thing these scumbags understand.

I was contacted by mail and asked to contact Mr. Cash. I thought to myself, Yeah Right!! SCAM detector on full alert. I immediately got on the internet and found this site. I have filed a complaint with the FTC and have contacted a lawyer and will file action on Capital Acquisitions Management Company very soon. I urge each and everyone of you to: First, Post to RipoffReport.com, they are a God send. Second, Contact the FTC and file a Complaint, Third, Contact a lawyer and get the justice!! CAMCO is a Scam and can be very harmful.

Thanks again Scott for some really useful information. My only concern is that we all be very sure that a CRIME is being or about to be committed. Camco may use immoral, unethical and downright moronic tactics, but it is not against the law for them to try to collect out of SoL debts. When they start crossing the line is when they say things like they don't have to validate these debts or to threaten credit reports or suit. They MUST validate to be in accordance with the FDCPA and everyone has to be made aware that they CANNOT make a report on your credit or sue you for out of SoL debts. What the heck, be safe and notify them, I'm sure that will terminate to phone call! Everyone...report CAMCO to the Rockford, IL. Better Business Bureau, your local Better Business Bureau, the FTC, your local Department of Consumer Affairs and your States Attorney's Office.

The way I understand it is this. If a person calls a person in another state, the taping laws that apply are the person who is recieving the call. In other words if State A has two party consent taping laws and a State B has only one party consent laws, then if State A called State B, then State B's laws would apply. If State B called State A, then State A's calls reply. Thus if I lived in a one party taping state and a collection agency called me, I could tape him without notifying him even if he called me from a two party state, because I didn't initiate the call.

Yes florida is a 2 party consent taping state. This means you must get permission which you can use the basic 'all calls may be recorded' speech at the start. Illinois is also 2 party. However, there is a little law that was given to me by a NACA michigan attorney that has actually been used against Camco. Here it is. http://www.legis.state.il.us/legislation/ilcs/ilcs4.asp?DocName=072000050HArt%2E+14&ActID=1876&ChapAct=720%26nbsp%3BILCS%26nbsp%3B5%2F&ChapterID=53&ChapterName=CRIMINAL+OFFENSES&SectionID=60651&SeqStart=29400&SeqEnd=31290&ActName=Criminal+Code+of+1961%2E Illinois Compiled Statutes (720 ILCS 5/Art. 14 heading) ARTICLE 14. EAVESDROPPING (720 ILCS 5/14‑3) (from Ch. 38, par. 14‑3) (Text of Section from P.A. 93‑206 and 93‑517) Sec. 14‑3. Exemptions. The following activities shall be exempt from the provisions of this Article: (i) Recording of a conversation made by or at the request of a person, not a law enforcement officer or agent of a law enforcement officer, who is a party to the conversation, under reasonable suspicion that another party to the conversation is committing, is about to commit, or has committed a criminal offense against the person or a member of his or her immediate household, and there is reason to believe that evidence of the criminal offense may be obtained by the recording

I too have a report on this site and read almost every post regarding CAMCO. Scott from Akron has made many great entries but I must take issue with one. I checked the laws regarding the taping of phone conversation at: http://www.rcfp.org/taping/. In Illinois, where CAMCO is located it is a felony to tape a phone conversation without the consent of both parties. In my own state of Florida it is also illegal. I suggest everyone check this website out to check on the laws for your state to avoid trouble. When my phone rings I turn on my recorder. If it a legitimate call I turn it off and erase any recording. If it is a call from CAMCO I will immediately notify them that I will be recording any calls from them...with their permission. If they refuse...hang up! Concidering their tactics I don't imagine they will allow recording. Do what you can but stick to the law.

I am extremely curious about something only because they have stopped harassing me... how is it they stay in business with all of the investigations and complaints? And for the record, the way I got them to quit harassing me after I contacted my lawyers, was basically we wrote them a letter that stated that if they could, in fact, prove this alleged debt by sending documentation to my attorney that the debt was valid that I would NOT accept their "offered settlement" but would do them one better, and I would pay the amount owed in full, with interest over the past 15 years at the going interest rate, and whatever penalties they had assessed without argument via certified check. Ironically enough after that little note went out to them, we never heard from them again... hmmmm, seems to me, that they had nothing to send and therefore, had nothing else to say. There are a couple of ex-employees and current employees on this site that I know of. The ex employees are admirably sorry for what they have done, and many have contacted Lisa Madigan at the State Attorney General's in Illinois regarding this company and what inside information they know. The current employees all like to shoot their mouth off about how "we are all thieves", yet when I have specifically directed posts to them stating the above, I never get a response...? Why os that??? I have to wonder, is it simply because they don't have a response or is it because they are too busy talking sh*t out their anal cavity and simply HAVE NO LEGITIMATE RESPONSE for someone who has actually been able to beat them at their own game by offering to pay the full amount, with interest and penalties if it can be proven with verifiable documentation. I never had a debt with BofA that is not of course my current one which is in good standing yet to hear the men who called me talk, I was a w***e, who owed BofA 15,000.00 and that they would get it from me, even if they had to come to my house and "do me until I gave them what they were after." Funny, come to think of it after I filed terroritic threat reports with the police department and sent them copies of it, to all three men, never got a response on that subject either...

Mr 'Cash' has been around for awhile harrassing and scamming people. If he calls tell him to never call again(get that cease and desist letter sent out certified mail) or you will sue camco and him personally. His real name is Anthony Taylor. After you tell him his real name come back and post. It would be priceless to hear his reaction to your knowing his real name. hahaha. Also, if you think they will break the law when you call you can legally tape the phone conversation if you call illinois. Set up the recorder and give him a call. The only way to stop these people is to hit them where it hurts most- their wallet.