I have an account with Asset Acceptance. Its a credit card, DOL activity is 11/98, they reported it last on 3/2003, I live in South Carolina. I disputed it with the CRAs in Jan. 2003 as "Not mine" and they all came back verified. I started the Validation process on 30 Dec 2002 w/ a 30 day validation letter, I got NO response. On Feb 1st 2003 I sent a 2nd Validation also No response. Both where sent via Fax I saved the transaction reports. On the 2nd Validstion letter I sent it through CRRR also, guess what? I never got a Delivery card back. My question is the account is pasted SOL and I dont think AAC can Validate, what should be my next step? I have and Intent to Sue letter, how do you think they will respond to that? I'm not sure how the actually go through with the lawsuit can anyone help? thanks, Lucas
A few questions... Is the CA in your state? If not, do they have a registered service agent in your state? If the answer is yes, then you may wish to just sue the CA, but you always run the risk that they will show up in court with all the documentation that validates your original debt. A safer option: 1) Demand validation from CA. 2) Send estoppel/delete request letter to CA. 3) Demand that CRAs delete because of lack of adequate proof from CA. 4) File in small claims court when the CRAs do not delete. Here's a link to a great letter: http://www.creditboards.com/phpBB2/viewtopic.php?t=20 Good Luck!
