You say" pick up the phone and call someone to resolve the issue" ; what number should a consumer call, no one answers the phones over there..

I find it amusing that you can sit there and say you feel bad for the companies who are defaulted against by consumers,when your company,if you can even call it that,buys these old debts from these companies for pennies on the dollar.Then after you have threatened and lied to consumers who do not know the law,you reap a huge profit. And,yes I know about the big bonuses you so called agents get when you   have successfully  took the last penny out of someones wallet.What are you going to do when the pubic educates themselves or lawers up. Good luck with your chosen career hope you are not planning on retiring from this business.

They cannot make you pay more than the original debt amount by federal law. look it up. And if the debt is past the statute of limitations for your state they cannot sue you for anything,that is also federal law which you can look up.Do your home work do not let these these self righteous hippocrittic liars fool you. There are laws to protect you against them.

That, in itself (showing the papers to your boss), was a violation of the FDCPA.

There IS a law about threatening to sue for TIME-BARRED DEBTS (ones out of the Statute of Limitations).  It's listed in the FDCPA.

Also, threatening police involvement is a CLEAR VIOLATION OF THE FDCPA.

"...provide all of its Licensing validation to ANY consumer who is going to pay their bill..." -- implying that anyone that doesn't immediately jump at the chance to pay a bill they've never received a Debt Validation Letter or, will NOT be provided the information.

AND STILL did not provide the name of the company.

And, having said all that, the poster can't seem to list the name, address, or local telephone number of the company.  -- Interesting.

James, or whatever his stupid name is, called me.  I learned they are Financial Asset Security Team, phone # 951-268-9619 and located at 9227 Haven Avenue, Suite 350, Rancho Cucamonga California 91730.

FAST LLC also know as Financial Asset Security Team, LLC is a scam, DON'T PAY THEM A DIME. They won't sue you, nor can they collect any money since they don't own your debt. Mine was dismissed through bankruptcy court, where they probably obtained my info. Nevertheless, they unlawfully call in the hope you're stupid enough to pay them.

Do you really want to help others like you who have been, or being, victimized/harassed by these blood-suckers?  REPORT THEM to the BBB (Better Business Bureau) and to the FCC Consumer Complaints now!

I too was threatened with a court suit. I am Medically
retired and do not have much money, so when this offer came along I thought, I can do this and get this debt paid off. A total $1200.00 was taken from my bank April thru June. then the deductions just stopped. Soon after I recieved another letter saying due to the nature of the deliquency and lack of communication their office will diligently locate me. I got very suspicious. When I logged onto their website I found all you unhappy people and dredfully realised I was scammed.  I now have to contact my bank and report this. By the way, this new offer they sent me is now much lower then the first one. Why can,t these people be stopped?

I had a credit card from 10 years ago, it got charged off. Last November a company called wanting me to settle the debt. They had a website, were listed as a legitimate business, I paid them and then they went under. I found out later that I had been scammed. It cost me around $800.

What tipped me off, was that I'm now being called by the RS Group, or whoever this is, about paying off the same debt. I thought, how the f#$@ can I owe on this still? I did some research and found out I'd been scammed.

So these guys are calling often, leaving messages at work etc. I told them that I got scammed last year and what they are doing is identical to what happened to me last year. I asked if they could verify that they were a legitimate business and they said they were listed with the Secretary of State. That SOUNDED legitimate. They said they didn't need a website to be a business.

Yesterday I spoke with them again (after getting a message saying I was being served with legal documents) to try to find out more. I was told that they could still settle with me and gave me a very good deal on my debt. I explained that they didn't seem legitimate and that I needed some documentation by mail. They said 'sure' but that they weren't going to wait the three days for the mail to come to keep the settlement offer.

I'm not sure what to do. I obviously wanted to settle the debt, but now don't know if these folks are legitimate. They did send one email confirming the debt, but it looked pretty fishy. All that was included was:


Good Day,


Attached you will find a notice concerning your personal business.  The notice has all the information you will need to remedy the issue at hand.  


Respectfully,


R.S. Group
Admin. Dept.
(888) 772-9116 toll free
(909) 256-5500 Corporate office
(909) 256-5556 fax



The letter head read:




9668 Milliken Ave Ste. 104239
Rancho Cucamonga CA 91730
Phone: 909-256-5500  Fax: 909-256-5556

The body of the attached .pdf was:


As of June 14, 2012 RS Group will accept $6,594.62, to satisfy the above referenced account,
provided that the funds are received NO LATER THAN JUNE 14, 2012.  If funds are not
received in our office by the due date, this settlement offer agreement will be considered NULL
and VOID.
Once the funds for the above referenced account have cleared your bank, the RS Group will
release you from all claims and liabilities pertaining to this account and our trade line with the
major credit bureaus will be updated to PAID.
If you are unsure of whether the payment will be received in our offices on or before the due date,
you may contact the undersigned Account Manager to obtain instructions for sending funds via,
CREDIT CARD. Please feel free to contact us at any time if you should have any questions
regarding your account.
Sincerely,
William Rothstein
Director of Operations
RS Group

I've called the original debt holder Bank of America and am in the process of tracking down who actually holds my debt. I'm worried though, as this is out of the statute of limitations for collection on debt in Arizona, if I should even bother. I mean, will it hurt my credit score if I call them, try to settle and they reopen a file they'd given up on long ago? (I read that somewhere) I did make payments on this for a long time and have paid more than the original debt back.

In all honesty, I've probably being paying scammers for years. Sheeesh. Boy did I learn my lesson. Don't borrow money, and if you have debt, pay that s*** off.

---

What I've found online in reference to this:

One of the addresses I was given belongs to a Guaranteed Capital Alliance
They are on a list of sports teams sponsors here: http://www.eteamz.com/citrus/sponsors/
There is a website http://www.guaranteedcapitalalliance.com which is a Wix.com website. (100% Free to use)

Phone lookup conversations pertaining to this here: http://whocallsme.co...aspx/8886016865
and here: http://800notes.com/.../1-909-456-1833
and here: http://mrnumber.com/1-909-256?page=5

The website for RS Group: http://timothyrs.com/
Their LinkedIn Page http://www.linkedin....ompany/rs-group

Apparently they are also Financial Asset Security Team!? I'm a little lost on all of this. Best bet is to be proactive about paying your debt, and not falling prey to guilt and fear. S***.

Got a new phone number over a year ago.  Been getting calls from 888-601-6865 for the last 6 months.  I do not know the person they are leaving the message for.  Each call gets more threatening.  Called last week to tell them they have the wrong number.  They asked for MY name multiple times.  Right, like I'm going to give them that information.  Guy told me he didn't believe me.  I hung up on him.  One more number to add to my call blocking.  :-)

My sister living in another state had a message on her home phone when she got home from work.  she sent me the phone number and case number as that was all the info they left on the message.  I called the next day and spoke to a man who identified himself as James Winton (I asked him to spell the last name so I could get it correct).  James identified himself as a lawyer and said that I was bein sued for a 6 year old debt (in CA the statute of limitations is 4 years) and that my sister and her house would be included in the suit, since I was on the deed to the house.  My sister and I have never purchased property together.  I spoke to my sister to inform her of the matter and verified online using county records that I am not on any documents regarding her house.  When I called back to confront James, he was unavailable as he was in a metting with the other "lawyers" from the firm.  He called me back in approximately 5 minutes... short meeting.  It was during his return call that I confronted James.  I said I wanted the document number, so I could verify the county record.  He said their must have been a mistake.  Then I passed along my sister's request for a copy of the document, so she could show it to her lawyer.  Again the response from James was there must have been a mistake.  In the legal profession there is something called "due diligence."  Obviously his "law firm" had not done their due diligence.  Then the character assault occurred.  I said something about his criticism of me when he had lied about my sister's house.  At some point, I started screaming.  When James asked if I was done, I took a breath and screamed some more.  I am not proud, but he got an earful.  How dare he threaten the security of my sister's home, when her home and her finances have nothing to do with me.  

When I mentioned Statute of Limitations in California, he didn't want to talk further.  James referred to the call as being a non-money call.  Later I called the main number and the person answerted "Corporate Office."  When I asked for the name of the firm, I was placed on hold for 5 minutes.  When I called back I finally got the answer, "Financial Assets."

I am reporting this incident to the BBB and the California State Bar Association.

The Statue of limitations in california for debt are as follows.
Oral agrements 2yrs,  written 4 yrs, promissory 4 yrs, open ended account 4 yrs, Open accounts 4yrs,
California statue §337

http://www.creditinfocenter.com/rebuild/statuteLimitations.shtml

If ever you have any questions due diligence is the answer! and remember any one calling in a threatning manor is probably a scam, as i believe these guys to be.

I myself recieved a call from these jack***"s and welcome them at my door.

Apparently Financial Asset Security Team, LLC, a California limited liability company is being sued in federal court in the Eastern District of New York.

http://dockets.justia.com/docket/new-york/nyedce/1:2012cv02088/329876/

Some lady who said she worked for "FAST" come by my house at damn near midnight. She complained that I wouldn't unlock the gate so she could give me some legal papers. I looked at her and didn't see any legal papers in her hand and told her there's a no trespass sign.

They kept coming by my work place today asking about my paycheck and left a couple of hand written notes to call this number and then use some case number. They spoke to my boss. I work in the field. They left a bunch of messages. They said I had a complaint pending against me and they were there to deliver important legal papers and showed them to my boss. It was an account for someone else with a name that sounds like mine but its spelled different.

I looked in public records on line and there's no lawsuit against me.

I don't know who they are at all and don't care. If they come around again at midnight the cops will be called.

WE WILL NOT GIVE YOU OUR HARD EARN MONEY. YOU SHOULD GO GET A REAL JOB/

http://www.collectorsexposed.com/collectors/index.php/topic/2518-financial-asset-security-team-llc/page__p__3388

tell them that you will sue them back and someone will serve the paper to them

YOUR COMPANY WILL BE INVESTIGATE BY FBI

GOOD DAY TO YOU~

GET A FREE GOOGLE VOICE AND FILTER THEM OUT, SO YOU DO NOT NEED TO BE BOTHER BY THEM

tell them that you are bankrupt and say good day to them then hang up

Scam

They are not going to stop because the e-mail you sent is NOT binding

Posted 25 January 2012 - 02:00 PM

***CONSUMER ALERT***MAKING FELONY THREATS****NOT LICENSED***ILLEGAL COLLECTORS****
Financial Asset Security Team
9227 Haven Avenue Suite 350
Rancho Cucamonga, CA 91730

Phones: 888-601-6865 951-268-9619

David Max Lerner, owner, 45,
27248 Buffalo Trail (residence)
Corona, CA 92883

Notes:
This is a NO company...
No website
No license in any state we checked.
No surety bond in any state we checked
No collectors who appear to know, abide or understand the Fair Debt Collection Practices Act.

Notes:

Complaints include threats of arrest, wage garnishment and bank accounts.
This is an illegal debt collector as they appear not to have any license or bond in states we checked. That means they cannot collect or threaten on the garbage bottom feeder debts they bought.

Save your money, these idiots won't last, slimy crooks always run out of victims.

Need help? assistance@consumerjustice.com

http://www.collectorsexposed.com/collectors/index.php/topic/2518-financial-asset-security-team-llc/

Get back to work  SHILL  you are not helping YOUR cause being on this site   Think about it you idiot

You mentioned that World leaders don't get on the internet and blog ....that seems kinda funny cause you're here shillin' your brains out  little contradictory  eh

these people called me for something that i had reported as fraud since 2006.  It was a 200.00 dillards card that they claim i owe 1700.00  But they will settle with me for 1000.00.   he also said they were trying to locate me to serve papers for a judgement against me..  had me worried.  so i emailed and sent them a cease and disest form.  they are not getting a dime from me..  they even called my father in law any my husbands ex wife.. how in the world did they get their numbers?

I've been getting calls from this number for over a year, always saying they have my address and they are going to serve a summons. since I know all my debts are current, I just keep ignoring the calls. Serve the summons already if it's legal!!! I have nothing to worry about! Then this company started harrassing my daughter and son in law and got very nasty with them!!!! My daughter told them i don't live there, they called her a liar! She gave them my address and told them to go ahead and serve me the summons. They continued to call her and my son in law and get nasty with them and accused them of "obstructing the law". I'm reporting this number and the NEW number they are now calling me from to the authorities and the better business bureau. They are a total scam and I've read on other sites where they push people into giving them money...they're not getting a dime from me unless they take me to court. Serve it baby!!!! you got nothing!!!!

Message left for someone that apparently had my phone number before me (other calls for the same person over the last couple of years regarding other debts, so I do not doubt that they may indeed owe some sort of debt).  The caller stated is was notification that someone was coming to the person's home and/or business address on record to deliver formal document complaints from a local county.  Phone number left as a call back number was 888-601-6865 as well as a Case Number.  Caller ID showed phone number as 909-256-8208.
Whether or not the person the message was left for, does or doesn't owe some sort of debt, this seemed to be a very strange message to leave on an answering machine that clearly identifies the residence as a totally different residence.
Perhaps as the other postings say here, that the debt in question may be old and their tactics may not be moral or even legal, it does appear to be a legitimate debt for the person in question.  So please beware.

They are located in Rancho Cucamonga, CA as an LLC. Check the business search of www.sos.ca.gov