Validation is a statement by the creditor identifying the debtor, and providing a true accounting of the amount due Since a debt remains a debt until it is paid, forgiven, or discharged in BK, it can be validated at any time. The SOL is only an "affirmative defense" to a lawsuit seeking judgment on the debt
****************************************************** NEW MEMBERS READ THIS. http://consumers.creditnet.com/straighttalk/board/showthread.php?s=&postid=410243#post410243 ******************************************************* >in other words it can still be valided however validation does not prove it is legally collectable correct.<
I just gave you my understanding, i'm no lawyer! >>>in other words it can still be valided however validation does not prove it is legally collectable<<< I think that validation does not prove that a debt is legally collectable, but "proper validation" showing account statements, and payment information could be used to show that a debt is past SOL and thus is not collectable does this make sense?
