Is an Original Creditor required to validate and send records of an account AFTER it was charged off and then paid off? I sent the OC a letter demanding validation and purchase and payment history and they simply sent me a letter saying what they are reporting is correct.
Don't think that OCs have to validate anything. Once they sell the charged off account to a collection outfit, and that outfit starts hassling you, you can then demand/request a validation from them (the collection goons). They in turn have to get all the info from the OC, and send it to you.
Just a clarification on the validation documentation, and requirement. The CA must obtain documentation from the OC, and send it to the consumer, IF the consumer "disputes" the validity of the debt. You need to be careful in your verbage when requesting validation, and follow the wording of the FDCPA.
Validation I requested copy of files from CA after requisitioning same from Municipal Records (which has an 8-week backlog for old, archived offsite files). CA only responded with Index No. and referencing no amount. Previous conversation with CA only yielded higher amount than stated on original bank bank restraint. Without files, I was told by City Clerk that no judge would entertain motion to show cause or affadavit of service. In the meantime, any friendly direction or options - preferably to consumer-advocate attorney in New York City - are welcomed.
