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Old 08.26.2008, 17:52
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Correctly counting 30 days?

Hi, a bit of a newbie per se...

My question is what is the proper way to count the 30 days? is it 3? business days, 30 days regardless of weekends n holidays (like regular bills) or 30 days but adding on time for any holiday periods.

I know to allow for mail delays and once they recv it (provided I have a cert mail receipt) start count. ex. ca recvs letter on june 1st by my count they have until july 1st but I wld give until approx July 5th due to mail sys

Am I right by my example?
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Old 08.27.2008, 07:01
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Location: Texas
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Quote:
Originally Posted by lawgrl2b View Post
Hi, a bit of a newbie per se...

My question is what is the proper way to count the 30 days? is it 3? business days, 30 days regardless of weekends n holidays (like regular bills) or 30 days but adding on time for any holiday periods.

I know to allow for mail delays and once they recv it (provided I have a cert mail receipt) start count. ex. ca recvs letter on june 1st by my count they have until july 1st but I wld give until approx July 5th due to mail sys

Am I right by my example?
Collection agencies or credit reporting agencies? Collection agencies do not have to respond in a certain time period (unless you are in TX), you r July 1 +5 is good for CRAs. The statute says 30 days, not 30 business days :)
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Old 08.28.2008, 08:55
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im in tx so how does that chng things
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Old 08.28.2008, 09:09
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Originally Posted by lawgrl2b View Post
im in tx so how does that chng things
Texas law is more consumer friendly you can go to the State website and check the law's for debt collection.
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  #5 (permalink)  
Old 08.28.2008, 10:23
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In Texas a collection agency must simply notify the debtor within 30 days including the validation as required, or simply telling the debtor they need more time.
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Old 08.28.2008, 11:42
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It changes nothing for cra's and they can take up to 45 days if they deem the dispute is derived from a free report.
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Old 08.28.2008, 14:05
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oh ok. thx it mks more sense now. I used to be in Ilinois so they are a little different . I like tx laws
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Old 08.29.2008, 07:43
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Originally Posted by collectman View Post
In Texas a collection agency must simply notify the debtor within 30 days including the validation as required, or simply telling the debtor they need more time.
And if they don't include validation, and they are reporting, they must "change the item in the relevant file as requested by the individual" - that is why you always include in a TX DV a request that they delete the info from your reports. ;)
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Old 08.29.2008, 18:58
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Originally Posted by jlynn View Post
And if they don't include validation, and they are reporting, they must "change the item in the relevant file as requested by the individual" - that is why you always include in a TX DV a request that they delete the info from your reports. ;)
Oh ok that I didn't know I'll be sure to note that thx a lot
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Old 08.30.2008, 07:02
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Location: Texas
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Originally Posted by lawgrl2b View Post
Oh ok that I didn't know I'll be sure to note that thx a lot
Look up Texas Finance Code Chapter 392. Its your best friend when it comes to debt collection in Texas.
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Old 08.30.2008, 18:54
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Quote:
Originally Posted by apexcrsrv View Post
It changes nothing for cra's and they can take up to 45 days if they deem the dispute is derived from a free report.
They also do this if they feel like it...trust me, my disputes from my 100% paid for reports were still being investigated 40 days out.
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