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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. )*

ASSET ACCEPTANCE CAPITAL CORP.

(Name of Issuer)

Common Stock, $0.01 par value per share

(Title of Class of Securities)

04543P100

(CUSIP Number)

February 14, 2006

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

o Rule 13d-1(c)

þ Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.


CUSIP No.		04543P100


1	NAMES OF REPORTING PERSONS: Nathaniel F. Bradley IV Revocable Living Trust, Nathaniel F. Bradley IV Trustee

	I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
	(a) þ
	(b) o

3	SEC USE ONLY:



4	CITIZENSHIP OR PLACE OF ORGANIZATION:

	United State of America

		5	SOLE VOTING POWER:

NUMBER OF			2,835,024

SHARES		6	SHARED VOTING POWER:
BENEFICIALLY
OWNED BY			1,207,340

EACH		7	SOLE DISPOSITIVE POWER:
REPORTING
PERSON			2,835,024

WITH:		8	SHARED DISPOSITIVE POWER:

			1,207,340

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

	4,042,364

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):

	10.9%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):

	IN

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Item 1.

	(a)		Name of Issuer:

			Asset Acceptance Capital Corp.

	(b)		Address of Issuer’s Principal Executive Offices:

			28405 Van Dyke Avenue Warren, Michigan 48093

Item 2.

	(a)		Name of Person Filing:

			Nathaniel F. Bradley IV Revocable Living Trust, Nathaniel F. Bradley IV Trustee

	(b)		Address of Principal Business Office or, if none, Residence:

			28405 Van Dyke Avenue Warren, Michigan 48093

	(c)		Citizenship:

			United States of America

	(d)		Title of Class of Securities

			Common Stock, $0.01 par value per share

	(e)		CUSIP Number

			04543P100

Item 3. If this Statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

	(a)		o Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).

	(b)		o Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).

	(c)		o Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).

	(d)		o Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

	(e)		o An investment advisor in accordance with §240.13d-1(b)(1)(ii)(E).

	(f)		o An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).

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	(g)		o A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

	(h)		o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).

	(i)		o A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).

	(j)		o Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4. Ownership.

	(a)		Amount beneficially owned:

			Nathaniel F. Bradley IV is the beneficial owner of 4,042,364 shares of common stock of the issuer. Of the 4,042,364 shares of common stock (i) 2,835,024 shares of common stock of the issuer are held by the Nathaniel F. Bradley IV Revocable Living Trust, of which Mr. Bradley is the sole trustee; (ii) 603,670 shares of common stock of the issuer are held by the Nathaniel F. Bradley V Trust, of which Mr. Bradley and his spouse are co-trustees; and (iii) 603,670 shares of common stock of the issuer are held by the Quinn S. Bradley Trust, of which Mr. Bradley and his spouse are co-trustees. Mr. Bradley disclaims beneficial ownership of these shares except to the extent of Mr. Bradley’s pecuniary interest therein.

	(b)		Percent of class: See Paragraph 11 of page 2 of this Schedule 13G. (For purposes of these percentages, the Reporting Persons have used 37,225,275 shares as of the number of outstanding shares of common stock of the issuer. This number comes from the cover page of the issuer’s 10-K filed with the Securities and Exchange Commission on March 24, 2005 as the number of shares of common stock outstanding.)

	(c)		Number of shares as to which the person has:

	(i)		Sole power to vote or direct the vote

			See Paragraph 5 of page 2 of this Schedule 13G.

	(ii)		Shared power to vote or to direct the vote

			See Paragraph 6 of page 2 of this Schedule 13G.

	(iii)		Sole power to dispose or to direct the disposition of

			See Paragraph 7 of page 2 of this Schedule 13G.

	(iv)		Shared power to dispose or to direct the disposition of

			See Paragraph 8 of page 2 of this Schedule 13G.

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Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable.


Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not Applicable

Item 8. Identification and Classification of Members of the Group.

Not Applicable.

Item 9. Notice of Dissolution of Group.

Not Applicable.

Item 10. Certification.

Not Applicable.

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SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.



February 14, 2006	By:	/s/ Nathaniel F. Bradley IV
		Nathaniel F. Bradley IV

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