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Two Cases

Thank you all for your advice so far.
I am new here, just a few days now.

Some suggested I should send dispute letter even though I am not sure is the debt is mine.
Yet, many of you adviced here to send validation letter or verification letter.
I am confused which one is for what and if I would violate anything if I send
dispute at the first and later found it was actually mine.
At this time, collectors have not contacted me either phone or in writing. But found them via my recent report and memo dropped in my mail box. So, I not have obligation of responding within 30 days, yet it has to be taken care of at prompt manner, I think

Please clarify all the process before I take any action.
Thank you all for your input.

Posted: Mon Sep 03, 2007 7:32 am Subject:

If there is a company trying to collect a debt that you owe, you defintely want a debt validation letter so that you know they defintely own the debt.

According to the FDCPA you have every legal right to have them validate the legaility of the debt that they are trying to collect from you. You will not be violating anything you have the legal right to know who this debt is owed to.

You must send this letter within the 30 days that you received the letter.

LADYBUG

Two Cases · Posted: Mon Sep 03, 2007 11:12 am Subject:

Thanks.
I did not receive any letter from them, but just found from my report.
My report has already been messed...collection remarks.
But I think I should just send validation letter...

Posted: Mon Sep 03, 2007 11:51 am Subject:

You have to send the debt validation letter because they haven't send any correspondence till now. Moreover, since they have already reported on your file, it is your right to know the details of the account for which they are reporting on your file. Once they have given you the information in writing, review it thoroughly. If you still think that there's some mistake in their information given to you, then you will have to send the debt verification letter to get the correct info. They will inform the original company and get the correct details. If they can’t validate the account, highlight the item on your credit copy and show all documents to the credit bureau. Explain the fact that they have not been able to give you the details for which they are reporting on the credit report. The bureau will conduct an investigation with the data furnisher and verify the account. If the item is reported incorrectly, it will be removed and an updated copy will be sent to your mailing address.

Two Cases · Posted: Mon Sep 03, 2007 3:21 pm Subject:

When I sent Debt Valication Letter, should I send it to some other organization besides the creditor or collector as cc?

Posted: Mon Sep 03, 2007 3:32 pm Subject:

DV letter is sent to the collection agency only, because they are bound by federal laws to prove their authorization when some credit company hires them for recovering debts.

However, if you know the original company, you can directly contact them and request for your account information. If you are able to work out direct arrangements with them, you won't have to deal with the CA.

Posted: Mon Sep 03, 2007 11:13 pm Subject:

A debt validation (DV) letter is sent to a third party collection agency, you can not send it to the OC. A DV letter is your number one defense against such collectors who bully consumers to pay for the debts they do not owe. You can contact the OC and ask them about the status of the account. And always remember to send the debt validation letter via certified mail with a RRR.

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Thank you all for advice...just clarification

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