I have been reading for the past 2 days and everywhere i read i keep hearing about how you "shouldn't" pay a CA until they vaildate that the account is actually mine. I have find a website that offered a vaildation letter: Here is the one I am talking about: http://www.creditinsiders.com/letters/validate.html It is for two CA that have been sending me letters for 1200.00 and the other for 124.00 for a phone bill that i swore i paid. Could I possible awake a sleeping giant if i send these letters? I dont want to be in a lawsuit or anything for i KNOW that i could not afford it. My credit rating is 485 and i am trying to turn in around slowly. I have looked into bancruptcy but dont want to do that unless I have to, to stop the letters and try to rebuild my credit any help would be great!!
sorry wrong link!!! I meant to give you this one http://members.cox.net/faircredit/30dayvalidation.htm thanx again for the help!!
The letter isn't much different then the letters found in the sample letters forum on this site. If you start sending letters, yes you can wake the sleeping giant - thats the risk we take. But then again, if you don't do anything they may sue you anyway. You mention they are sending you letters. I would think they are pretty darn awake at this point. Ignoring them is not going to make them go away.
