Campfire Tales is a 1991 American anthology horror film written and directed by William Cooke and Paul Talbot.
The movie also uses many elements from famous horror stories and directors (Lucio Fulci specifically).
The first story involves a young couple returning home after hearing on the radio that a murderer with a hook on his right hand has escaped from the local insane asylum and is terrorizing the countryside.
The wrap around story involves the young men going to sleep with the narrator revealing a hook on his right hand.
Website Mondo Digital wrote about the film: "Despite the immediate presence of Hansen, Campfire Tales may be a bit difficult for jaded horror fans to warm up to; the first half hour or so is standard zero-budget fare with only an unusual amount of gore to distinguish it.
Stick with it, though, and you'll be well rewarded; the last two stories really pay off with a fine mix of storytelling, grue, and sick laughs; coupled with some atmospheric camerawork and nifty monster effects.