UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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| Date of Report (Date of Earliest Event Reported): | | August 5, 2005 |
Asset Acceptance Capital Corp.
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(Exact name of registrant as specified in its charter)
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| Delaware | 000-50552 | 80-00767779 |
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(State or other jurisdiction | _____________
(Commission | ______________
(I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
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| 28405 Van Dyke Avenue, Warren, Michigan | | 48093 |
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(Address of principal executive offices) | | ___________
(Zip Code) |
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| Registrant’s telephone number, including area code: | | 586-939-9600 |
Not Applicable
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Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
Item 1.01. Entry into a Material Definitive Agreement.
On August 5, 2005, the Compensation Committee ("Committee") of the Board of Directors of Asset Acceptance Capital Corp. (the "Company") approved the following salary adjustment for Phillip L. Allen, the Vice President -- Operations from $139,000 to $160,000 effective August 1, 2005.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | Asset Acceptance Capital Corp. |
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| August 9, 2005 | | By: | | Nathaniel F. Bradley, IV
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| | | | | Name: Nathaniel F. Bradley, IV |
| | | | | Title: President and CEO |
