I'm a little confused by your validation vs. verification post and I would like some clarification if possible, especially in regards to my situation. I have a Capital One charge-off from 1998, originally charged-off at $550, now reported as past due of $2300. It falls off my report next summer, but I want it off now so I can get a mortgage. Have requested investigations from all 3 bureaus and they all verify the same amount. In fact, I am told by all of them that the account can never be re-investigated unless I furnish them with new information that I collect myself from Capital One. Fine. But what do I send Capital One? Verification or validation? Also, is it true that all attempt to collect debt is considered invalid if the creditor does not furnish you with a monthly statement stating the balance and interest rate? Thanks for any help!
