Consumer complaint received 2017-05-04
Company: Allgate Financial, LLC
State: GA
Product: Debt collection
Sub-product: Credit card debt
Issue: False statements or representation
Sub-issue: Impersonated attorney, law enforcement, or government official

Complaint:
I checked the boxes, but the fraud is not as the boxes specify. The CFPB took action against  XXXX   XXXX   XXXX  for filing false lawsuits, liens, etc. I was the victim of a number of the false liens. The liens were recorded against real property and they went out of business without releasing them. I go to sell the property and the escrow company withholds {$15000.00} to pay   XXXX   liens- XXXX  for {$2800.00}  ( Equable Ascent Financial  as Assignee for  XXXX   XXXX  on a   XXXX   account ) and {$4400.00}  XXXX   XXXX   XXXX   XXXX   XXXX .     I tried to contact  XXXX   XXXX  for proof of the underlying loans. They refused to produce any proof. They were rude. They then submitted a " payoff '' without my knowledge claiming they changed the account numbers and the new amount owed was {$4400.00} they never sent me the letter or proof of the underlying credit card debt or verified if the judgment was valid. They collected the money. The law firm of  XXXX   XXXX   XXXX  never obtained the satisfaction of judgment before giving the money.     The  Equable Ascent Financial LLC  went out of business in  XXXX  or so. No one was assigned the lien and I was given the run around by a guy named  XXXX   XXXX  of  All Gate Financial LLC  in  XXXX . First, he said the judgment was sold before  Equable Ascent Finacial LLC  went under. He said it was sold  XXXX .  XXXX  then said they did not own it and to check with  XXXX   XXXX .  XXXX   XXXX  did not own the judgment and said  XXXX   XXXX  owned the judgment.  XXXX  did not have legal ownership. I never had any  XXXX  account. Then  the trail  ran cold back in  XXXX   XXXX . Apparently, without my knowledge, the same law firm of  XXXX  contacted All Gate and this time, All Gate gave some unsupported claims that it held the books for  Equable Ascent Financia  l an d was claiming the money for  Equable Ascent   Litigation Trust a nd that All Gate was the Trustee. They collected the {$2800.00}. The problem is that in a letter to me,  XXXX   XXXX ,  CEO said  that the judgment had bee n discharged by Equable Ascent Finacial  and they have no legal interest in the judgment. Despite receiving the money under false pretenses,  XXXX   XXXX  refused to produce proof of ownership of any judgment by assignment refused to even say what account was involved. I later found out that they took the money saying " he would find a home for it. '' He then tried to say it was applied to some other account. The judgment was for an alleged  XXXX   XXXX   XXXX  account, that is the name of the Plaintiff in the lawsuit.  XXXX  sent a note that clearly claimed the money was being taken for a   XXXX   XXXX    XXXX  account and not the named Plaintiff on the judgment. At the same time that  Equable Ascent Financial thr ough  XXXX   XXXX   XXXX  was filing claims in  XXXX   County Georgia, the    only county t hat I lived in for this  XXXX  account,  XXXX   & E  quable Ascent  were filing these   XXXX   XXXX   XXXX     accounts in  XXXX  County and obtained default judgment and garnished my wages. Please investigate what should happen to all the people affected by the phony  XXXX  judgments and liens. Please investigate  All Gate Financial LLC  and  XXXX   XXXX  making false claims to collect on debts for a company that went out of business and for which he has failed and refused to produce truth that the account or judgment was ever assigned to the new company  Equable Asce  nt Trust.  There is nothing in any court record showing an assignment of judgment or claims.

Company response to consumer: Closed with monetary relief