Is Asset Acquisition Group LLC on Your Credit Report?
Short answer: Asset Acquisition Group LLC (Asset Acquisition Group of Colorado LLC) is a real, legitimate debt buyer based in Denver, CO. It is not a scam — but a legitimate collector can still report a debt that is inaccurate, unverified, past the statute of limitations, or not even yours. You have the right to demand proof before you pay a cent.
Who Is Asset Acquisition Group LLC?
Operating from Denver, CO, Asset Acquisition Group LLC is registered as a debt buyer. It also does business as Asset Acquisition Group of Colorado LLC, which is the name that may appear on your credit report or in a collection letter. Accounts it handles typically involve charged-off credit card debt. It has 6 debt-collection complaints on file with the CFPB.
You may also see this company on your report or in letters as: Asset Acquisition Group of Colorado LLC, Asset Acquisition Group.
What most people don't know about Asset Acquisition Group of Colorado LLC:
Asset Acquisition Group LLC holds an active collection-agency registration with the West Virginia Tax Division, which lists its address of record as 6825 E Tennessee Ave, Denver, CO 80224-1628. Federal CFPB records log 6 debt-collection complaints against it, most commonly "taking/threatening an illegal action" (3, 50% of its file), followed by "attempts to collect debt not owed" (1). Of those, 1 logged as an untimely response. The largest share came from consumers in NY (2).
Why Is Asset Acquisition Group of Colorado LLC on My Credit Report?
Asset Acquisition Group LLC typically collects charged-off credit card debt, purchased consumer portfolios, personal loan balances. A collection like this usually lands on your report because:
- ✅ An original account (a charged-off credit card debt, for example) went unpaid and was charged off.
- ✅ The account was sold to Asset Acquisition Group LLC, which now owns the debt and is trying to collect the full balance.
- ✅ Asset Acquisition Group LLC furnished the account to one or more of the three credit bureaus (Equifax, Experian, TransUnion).
Important: a collection account on its own does not prove you owe the debt or that the amount is correct. That's where your rights come in.
Your Rights When Asset Acquisition Group of Colorado LLC Contacts You
Federal law — the Fair Debt Collection Practices Act (FDCPA) and Fair Credit Reporting Act (FCRA) — gives you powerful tools. Here is the playbook we use at Crowned Credit.
1. Debt Validation (FDCPA §809)
Within 30 days of first contact, send Asset Acquisition Group of Colorado LLC a written debt-validation letter. They must prove the debt is yours, the amount is correct, and they have the legal right to collect. If they can't, they must stop collecting and it should come off your report.
2. Dispute With the Bureaus (FCRA §611)
You can dispute the Asset Acquisition Group of Colorado LLC tradeline directly with Equifax, Experian, and TransUnion. The bureaus have 30 days to investigate. If the account can't be verified, the law requires it be deleted or corrected.
3. Cease-and-Desist
You can demand in writing that Asset Acquisition Group of Colorado LLC stop contacting you. They can still report and sue, but they must stop calls and letters — useful for stopping harassment while you build your case.
4. Pay-for-Delete (in writing only)
If the debt is valid and yours, you may negotiate to pay in exchange for deletion of the tradeline. Never pay on a verbal promise — get the pay-for-delete agreement in writing first.
5. Statute of Limitations
Every state has a time limit on how long a collector can sue you for a debt. If the debt is "time-barred," Asset Acquisition Group of Colorado LLC can still ask for payment but generally cannot win a lawsuit — and making a payment can dangerously restart the clock.
6. Protection From Harassment
The FDCPA bars Asset Acquisition Group of Colorado LLC from calling at unreasonable hours, threatening you, or lying. Every violation is potential leverage — and may entitle you to damages.
How Crowned Credit Helps With Asset Acquisition Group of Colorado LLC
We don't send cookie-cutter form letters. We investigate the specific account, assert every applicable right, and work it with all three bureaus and the collector directly.
Review & Validate
We pull all three bureau reports, find every error on the Asset Acquisition Group of Colorado LLC entry, and demand full debt validation.
Dispute & Escalate
Hand-packed disputes go to the bureaus and the collector. When they fail to investigate properly, we escalate to the CFPB and, where warranted, attorneys.
Track & Build
We monitor deletions in real time and coach you on rebuilding once inaccurate items are addressed.
See our transparent pricing — no long-term contracts.
Asset Acquisition Group LLC — Frequently Asked Questions
Is Asset Acquisition Group LLC a scam or a legitimate company?
Asset Acquisition Group LLC is a real, registered debt buyer headquartered in Denver, CO. It is a legitimate business — but "legitimate company" does not mean the specific debt it's reporting is accurate, validated, or even yours. Scammers do sometimes impersonate well-known collectors like Asset Acquisition Group of Colorado LLC, so always demand written validation before paying anything.
Why is Asset Acquisition Group LLC on my credit report?
Operating from Denver, CO, Asset Acquisition Group LLC is registered as a debt buyer. It also does business as Asset Acquisition Group of Colorado LLC, which is the name that may appear on your credit report or in a collection letter. Accounts it handles typically involve charged-off credit card debt. It has 6 debt-collection complaints on file with the CFPB. It most commonly collects charged-off credit card debt, purchased consumer portfolios, personal loan balances. It likely appeared after an original account went unpaid and was sold to them. Asset Acquisition Group LLC holds an active collection-agency registration with the West Virginia Tax Division, which lists its address of record as 6825 E Tennessee Ave, Denver, CO 80224-1628. Federal CFPB records log 6 debt-collection complaints against it, most commonly "taking/threatening an illegal action" (3, 50% of its file), followed by "attempts to collect debt not owed" (1). Of those, 1 logged as an untimely response. The largest share came from consumers in NY (2).
Can Asset Acquisition Group LLC be removed from my credit report?
Yes — inaccurate, unverifiable, or improperly reported Asset Acquisition Group of Colorado LLC collection accounts can be removed. Under the FCRA, the credit bureaus must investigate your dispute, and if Asset Acquisition Group LLC cannot verify the debt, it must come off your report. Crowned Credit reviews the account for errors, demands debt validation, and disputes it with all three bureaus.
Should I pay Asset Acquisition Group LLC or dispute it first?
Do not pay before you validate. Once you confirm a collection is yours, accurate, and within the statute of limitations, you may consider a pay-for-delete agreement in writing. But paying an unverified or time-barred debt can restart the clock and lock in a negative entry. Get a free assessment before you send any money to Asset Acquisition Group of Colorado LLC.
How long can Asset Acquisition Group LLC report this debt?
Most negative collection accounts can remain on your credit report for up to seven years from the original delinquency date — not from when Asset Acquisition Group LLC acquired or began collecting it. If the account is being "re-aged" to look newer, that is a reporting violation you can dispute.
Will Asset Acquisition Group LLC sue me?
Some collectors and debt buyers do file lawsuits, especially before the statute of limitations expires. If you are served, do not ignore it. Validate the debt, check whether it is time-barred in your state, and get help. Because this type of entity is more likely to litigate, acting early matters.
Other Collection Agencies on Your Report?
Local to North Carolina? We help residents statewide:
Ready to Improve Your Credit Score?
Take the first step towards financial freedom today. Schedule your free consultation with our credit repair experts.