I have a couple debts (about $1k and another for $1.5k) that I have CA's after me for. I didn't know about the DV thing until recently and we're way past the 30 day mark. If I send a DV letter then dispute on my credit report (should I dispute the amount or what specifically), does the CA still have to verify the debt with me before they verify with the CRA? From what I've read, the CA doesn't really have to stop anything once the 30 days have passed. Is there any value in doing the validation thing at this point? Thanks for any help!
To protect your rights under the FDCPA, you need to send your DV letter within the 30-day time period. It doesn't hurt to still send it, but the CA isn't required to respond or stop collecting on the account.
What state are you in? In TX, for instance, you can DV at any time. The Texas Finance Code offers more protection and teeth than the FDCPA. Look at your state laws as well as the FDCPA.
In TX the collection agency is required to respond within 30 days to advise the debtor the validation is enclosed, or they need more time to produce the documents.
