Hi there... I need advise..... Send validation letter to Citifinancial (CA) on April 30th and today I rec'd a letter stating from CA which states the following: .. In reference to the above account, Citifinacial sold this account to bla bla bla. Cirifianacial will notify the three major credit bureaus to update as "Sold to bla bla bla:. Please forward all corresponsence and payment to bla bla... Now my questions is as follows: 1. Should I demand Citifinancial to remove the Charged off account not reporting under account was sold to bla bla bla. or can I demand perm deletion from my CR? 2. Back on 99/2000 I send letter of dispute (regular mail) directly with Citifinancial (CA) but never send validation letter. I was not aware of my rights (newbie). 3. I also send letter of validation to the new CA. Still waiting for respond. Please direct me to the right direction.... Thank you!
Hi LBrown, Thank you for the info... Please excuse me but as you know 'I'm new at this..... You stated to send a V.L.(CRRR) to CA's. Where can I find a sample letter? This morning I checked w/exp under disputes and Citifiancial has not disputed claiming that they would. Oh by the way, the OC is not listed on my CRA. Detail from my CRA...... This account is scheduled to continue on record until 12-2006.This item was verified on 11-2002. QUOTE...the letter that I rec'd from Citifinaical states that the account was sold/transfer on March 28, 2002. Should I also send V.L to CRA?
1*Where can I find a sample letter? 2*Should I also send V.L. to CRA? EstherC ================ 1*in the sample letters section This is not a sample It's what you send to a CA. Here is the Val. Letter you want to send. Don't make any changes on it and don't hand sign it. Send CRRR Your Name Address City State Zip Company Address City State Zip Date RE: Account #_________/Original Creditor's Name Dear Sir/Madame: Thank you for your recent inquiry. This is not a refusal to pay, but a notice that your claim is being disputed. This is a request for validation made pursuant to the Fair Debt Collection Practices Act. Please complete and return the attached disclosure request form. Be advised that I am not requesting a "verification" that you have my mailing address, I am requesting a "validation;" that is, competent evidence that I have some contractual obligation to pay you. You should also be aware that sending unsubstantiated demands for payment through the United States Mail System might constitute mail fraud under federal and state law. You may wish to consult with a competent legal advisor before your next communication with me. Your failure to satisfy this request within the requirements of the Fair Debt Collection Practices Act will be construed as your absolute waiver of any and all claims against me, and your tacit agreement to compensate me for costs and attorney fees. Sincerely, Your Name don't sign - - - Include the following on a separate sheet of paper - - - CREDITOR DISCLOSURE STATEMENT Name and Address of Collector (assignee): _________________________ Name and Address of Debtor: ____________________________________ Account Number(s): ____________________________________________ What are the terms of assignment for this account? You may attach a facsimile of any records relating to such terms. Have any insurance claims been made by any creditor or assignee regarding this account? YES/NO Has the purported balanced of this account been used in any tax deduction claim? YES/NO Please list the particular products or services sold by the collector to the debtor and the dollar amount of each: Upon failure or refusal of collector to validate this collection action, collector agrees to waive all claims against the debtor named herein and pay debtor for all costs and attorney fees involved in defending this collection action. ________________________________ Authorized signature for Collector Date_______/_______/_______ Please return this completed form and attach all assignment or other transfer agreements that would establish your right to collect this debt. Your claim cannot be considered if any portion of this form is not completed and returned with the required documents. This is a request for validation made pursuant to the Fair Debt Collection Practices Act. If you do not respond as required by this law, your claim will not be considered and you may be liable for damages for continued collection efforts. 2*VL is not for CRAS. When you get gr.card back from CA dispute with CRA. The END** *** **LB 59
