I sent the "well known" collection agency a letter stating that I wanted a full verification. It has been over 30 days, and I have received nothing. I have not received many messages on my answering machine, either, so I suspect they may be simply preparing to sue me. I did get a letter stating that I owed $15,000 (approx) to this credit card company, but that was the extent of the letter. It did not go back over the 10 years that the credit card was active and current, nor the last few years when it was delinquent. What happens next? What proof do they have to submit? Since they did not submit a genuine (or any) validation within 30 days, am I off-the-hook from a legal point of view? Should I now file a suit against them for not validating the debt? The original creditor continues to add interest to the debt, even though it was charged off to profit and loss a long time ago. I thought that, too, was illegal. I would be happy to end this whole thing for 45 cents on the dollar, since they have already made an effective 70% on their money over the last 6 or 8 years. That is MORE THAN FAIR. TIA
create a paper trail send them another letter advising them they have not provided proper proof that this is your debt. Tell them they have 15 days to comply, or you will be forced to pursue litigation. Also, I would mention in the letter that collection activities are to stop while in the validation process, and include a copy of the letter they sent you.
1*send them another letter advising them they have not provided proper proof that this is your debt. 2*Tell them they have 15 days to comply, or you will be forced to pursue litigation. 3*I would mention in the letter that collection activities are to stop while in the validation process ~~~~~~~~~~chuckd~~~~~~~~~~ ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 1**When did the ca hire nanook for legal advice? 2*No just send the estoppel letter instead. 3*Bad idea unless your goal is to throw the paper trail into a bonfire. THE END ** *** ** LB 59 """""""""```~~~```'"""""""""
They don't have to submit any proof - they have to quit collection attempts. No, 30 days is considered a reasonable amount of time (to us) - there are no time limits for validation in the federal statutes.
1*I sent the "well known" collection agency a letter stating that I wanted a 2*full verification. 3*I suspect they may be simply preparing to sue me. 4*I did get a letter stating that I owed $15,000 5*Since they did not submit a genuine (or any) validation within 30 days, am I off-the-hook from a legal point of view? 6*Should I now file a suit against them for not validating the debt? nanook 1*Who? 2*You never want this? 3*Naw it's probably they don't have proof. 4*$1000 Violation. 5*No. 6*No because they don't have to validate. THE END ** *** ** LB 59 """""""""```~~~```'"""""""""
