I sent a validation letter to some creditors. Two of the creditors called me back asking me, what did I need. WTF? Now the letter states clearly what I need from them. I got the validation letter from this board and I know it worksâ?¦..Soâ?¦. My question is, do I have to call the creditors/collection agencies back in order for them to respond to my validation letter? If they do not respond with in 30 days, how do I prove this to the credit bureaus? Any help would be greatly appreciated.
Do not call them back. Actually, you do not want them to respond. If they don't respond that usually means they have no proof of the debt. The way you prove it to the cra's is to give them a copy of the letter you sent to the cra and a copy of the certified mail receipt showing when and who signed for your letter. If you didn't send it certified, return receipt requested, you have no proof.
did you send in the form that outlines what you need? If they have this I think you do not really have to respond to them by phone. If you have sent in the form that outlines what you need for validation and told them to send it back via mail, they know what you need and are trying to pull a fast one. any members have any other suggestions or thoughts?
Thanks a lot. I did send the mail certified return receipt. So I just make a copy of the certified return receipt and the letter I sent to the company, explaining to the CRA that they never responded, and this will indeed remove the account off my report? Unbelievable! If so I will do just that!
There is no guarantee that the cra will remove it, however, the FCRA says the cra's must take into consideration any proof of a creditors claim that they receive. I just sent in a dispute letter this week with copies of 3 letters I sent to a ca along with copies of 3 certified mail receipts. Give me a little time here and I will post the letter I sent the cra this week.
Yes, as a matter of fact I did send it out-lined what I need and to mail it back. Here is an example of what I sent. Cheatem Collections 123 Fagetaboutit Ave Chicago, IL 11 June 2001 RE: Account 5145454156 June 13, 2001 To Whom It May Concern: This letter is being sent to you in response to your attached letter. This is not a refusal to pay, but a notice that your claim is disputed. This is a request for validation made pursuant to the Fair Debt Collection Practices Act. Please complete the attached form and follow its instructions and your claim will be processed as soon as this information is received. Please 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 reporting such invalidated information to major credit bureaus might constitute fraud under federal and state law. You may wish to consult with a competent legal advisor before your next communication with me. Please also be aware that if any negative mark is found on my credit reports from your company or any company that you represent, this will result in my filing an immediate lawsuit against you and your client for 1) Violation of the Fair Credit Reporting Act, 2) Violation of the Fair Debt Collection Practices Act, 3) Defamation of Character, 4) Negligent Enablement of Identity Fraud. Pending the outcome of my investigation of any evidence that you submit, you are instructed to take no action that could be detrimental to any of my credit reports. I suggest you and (insert name of original creditor) get your records in order before I have to target you for legal action. Best regards, (insert your name) Cc: (insert name of lawyer), Esquire Page 2 CREDITOR DISCLOSURE STATEMENT Name & Address of Creditor: _______________________________________________ Name of Debtor: ____________________ Acct #: _______________________________ Address of Debtor: ________________________________________________________ Amount of Debt purported to be owed: _________ Date it became payable: ___________ Was this debt assigned to the collection agency or purchased? ______________________ Amount paid if purchased: __________ Commission for the collection agency if successful with assigned debt: _________ Please attach a copy of the agreement with your client that grants you the authority to collect on this alleged debt. Please attach a copy of any agreement that bears the signature of the alleged debtor wherein he/she agreed to pay the creditor. Please attach copies of all statements while this account was open. Have any insurance claims been made by any creditor regarding this account? yes / no Have any judgments been obtained by any creditor regarding this account? yes / no Have any negative trade lines been reported to any credit reporting agencies regarding this alleged debt? If so, please name the credit reporting agencies. _______________________________________________________________________ Please provide the name and address of the bonding agent for the collection company (insert name of collection agency) in case legal action becomes necessary. _______________________________________________________________________ ____________________________ ________________ Authorized signature for creditor date Please return this completed form and attach all assignment or other transfer agreements which 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. Please allow thirty days for processing after receipt of your request. ******************** So they should know what I need, am I right? I do not need to call them?
I didn't get the a nasty response, just a call asking what did I need from them, and one lady called asking me to call her so we could discuss what I needed and to settle. I am not doing any of it. If they don't respond, I hope the CRA's will delete these accounts. I have disputed 6 credit cards, only 2 got deleted from Experian and Equifax. Trans Union is giving me a hard time, as a matter of fact I don't even think Trans Union verified anything. Lazy people. This is a job in itself and hopefully this go around I can get the other 4 deleted off my report as well.
Thank you.... I am not calling, they know what I want, it is spelled out in plain English. I will however wait 30 days and right the CRA to see what can be done.... You guys are GREAT!
LKH There is no guarantee that the cra will remove it, however, the FCRA says the cra's must take into consideration any proof of a creditors claim that they receive. I just sent in a dispute letter this week with copies of 3 letters I sent to a ca along with copies of 3 certified mail receipts. Give me a little time here and I will post the letter I sent the cra this week. Did you ever post a copy of the letter sorry I missed it if you did , I would be very interested in seeing it. Thanks
I never said it was guaranteed. What will happen when you send in your proof is they will most likely reinvestigate. But they will make the creditor validate it to them. If they can't it will come off. This is from one of the managers at experian. Yes, I posted my letter. Actually, pbm added it to the letter section.
