Hi all, Newbie here. Great information from everyone! I'm really learning a lot, even though I thought I knew the basics. I'll dig right in...I very recently received 2 medical chargeoffs. They are from July of this year; one is for $458 and the other is for $6,482!! This was due to me being without insurance (job loss) and needing to go to the hospital. Now, I want to take care of these since I recently became employed again, but I need to know the best way to approach this. I plan on getting a mortgage within 12 months. Would you credit gurus happen to have a solution for such a recent chargeoff? Is validation even worth the trouble here? I've heard of the HIPAA letter. Is it too soon to send that? I guess I'm wanting to know what my best options are for my given situation. If there is anything else you may need to know, please ask! FYI - I have NOT contacted the CA's for either account
Welcome to the forum! I think Debt Validation is definitely worth the trouble when you're dealing with a CA. You need to protect your rights under the FDCPA and make sure that the collector that says you owe them money really is the rightful owner of the debt. However, that's not going to do much for those charge-offs. Since it sounds like you recently pulled your credit reports and found the charge-offs, are they being reported as collections too? Do you know who the CA's are? The OC has every right to report the charge-off because that's exactly what it was for them. However, I would start out by disputing something specific that's missing or incorrect through the CRAs and then disputing it directly through the OC as well.
