Description

Complaint Submission – Possible Scam: Reid & Reed Associates I received a phone message instructing me to call back regarding a supposed legal matter and warning that further legal action would be taken if I did not respond. When I called the number provided, I spoke with a male individual who already had access to my personal information, including my full name, Social Security number, and the vehicle I previously owned. He claimed that I owed a debt from a vehicle repossession dating back to 2004, allegedly on behalf of Triad Financial. He further stated that I had signed a “tolling agreement” when I initially financed the vehicle, which would extend the statute of limitations for collection until 2031. I explained to him that I had never signed such an agreement and requested documentation. He told me that the only way I could see the tolling agreement would be “when I am sued in court.” He also claimed a letter had been mailed to me in June 2025, which I never received. I then requested that proof be sent to me electronically, and I was emailed a letter attachment. The letter was marked as coming from Reid & Reed Associates at 350 Lower Grand, Los Angeles, CA 90071 with the phone number 888-990-1442 for payment arrangements. Upon my own research: I found that Reid & Reed Associates is not listed with the California State Bar, meaning they are not a licensed law firm. The address provided is not valid and does not correspond to a legitimate business. The tolling agreement claim is suspicious, as no such document exists and the statute of limitations for a 2004 debt would have long expired. This strongly appears to be a fraudulent debt collection scam attempting to intimidate consumers into paying on a time-barred or nonexistent debt. Although I deleted the original email, I have retained a copy of the letter attachment sent to me and can provide it if the BBB needs it for investigation. Company listed in letter: Reid & Reed Associates Address provided: 350 Lower Grand, Los Angeles, CA 90071 Phone number provided: 888-990-1442