Asset Acceptance controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2012
Settlement concerning time-barred debt practices
A U.S. consumer-protection agency settlement required Asset Acceptance to pay a $2.5 million penalty. The allegations included practices involving the collection of time-barred debt.
2006
Prerecorded voicemail identification lawsuit
A San Francisco consumer alleged that a prerecorded voicemail failed to identify Asset Acceptance and therefore violated the Telephone Consumer Protection Act. Asset Acceptance argued that it was exempt from the statute's requirements; its countersuit was dismissed.