RJM Acquisitions LLC is a collection agency that buys unpaid old debts from banks and creditors and re-activates the debt collection process again. When the name of RJM Acquisitions appears on your credit report it indicates that RJM has bought the unpaid debt and will come after you for collection.
Whenever they purchase the ownership of debts they inform credit bureaus about the new status and their name comes on your credit report as new debt collector for those particular debts.
Many people have filed complaints against RJM Acquisitions for practicing immoral ways and breaking the rules & regulations of Fair Debt Collection Practices Act. The FDCPA restricts debt collectors not to collect the debts with expired SOL but RJM Acquisitions is repeatedly found breaking this rule.
If RJM Acquisitions LLC contacts you in recovery of the debts that do not belong to you, at that time, you must dispute it immediately. Tell RJM Acquisitions to validate the debt as you doubt about the ownership of the debts. What happens next is the Collection agency would contact your creditor. If RJM fails to validate the debts then you must inform credit bureaus about whole situation and push them to remove all negative marks associated with that particular debt.
No doubt, that regular phone calls and contacts of RJM Acquisitions lock you up in the state of depression. The fright created by RJM Acquisitions would bring your financial life to a screeching halt. Your domestic & social life would face plenty of issues.
You should know that RJM usually purchases debts for 10 cents a dollar or even lesser. If you really intend to pay them back then you should negotiate for paying them lesser amounts. If you face hurdles in facing RJM Acquisitions then you may also go for hiring credit repair firms to help you in getting rid of the debt altogether.
Whenever they purchase the ownership of debts they inform credit bureaus about the new status and their name comes on your credit report as new debt collector for those particular debts.
Many people have filed complaints against RJM Acquisitions for practicing immoral ways and breaking the rules & regulations of Fair Debt Collection Practices Act. The FDCPA restricts debt collectors not to collect the debts with expired SOL but RJM Acquisitions is repeatedly found breaking this rule.
If RJM Acquisitions LLC contacts you in recovery of the debts that do not belong to you, at that time, you must dispute it immediately. Tell RJM Acquisitions to validate the debt as you doubt about the ownership of the debts. What happens next is the Collection agency would contact your creditor. If RJM fails to validate the debts then you must inform credit bureaus about whole situation and push them to remove all negative marks associated with that particular debt.
No doubt, that regular phone calls and contacts of RJM Acquisitions lock you up in the state of depression. The fright created by RJM Acquisitions would bring your financial life to a screeching halt. Your domestic & social life would face plenty of issues.
You should know that RJM usually purchases debts for 10 cents a dollar or even lesser. If you really intend to pay them back then you should negotiate for paying them lesser amounts. If you face hurdles in facing RJM Acquisitions then you may also go for hiring credit repair firms to help you in getting rid of the debt altogether.
