CA dispute
Date: Mon, 11/06/2006 - 12:19
What are they required to send as proof. I'm guessing an invoice from the CA isn't proof. Also how could a CC with a 500 limit show 4000 in charges and 1500 in interest?
What's the next step?
Oh and yes I'd like to pay this off...I don't like my wife being in debt...however there is no way in hell there are $4000 in charges on a card with a $500 limit...I understand the interest because I know that most CC companies will stick you with unheard of interest if you get so much as 5 seconds late.
Terry
A debt validation will cover the following points when you reque
A debt validation will cover the following points when you request the CA for the information. Go through the FTC website for knowing this portion.
http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809
The account is delinquent since the last four years. The charges may have added over the period of time. Do you have the contract signed with the original creditor that will explain these charges? You can also call the original company and make direct payments to them.
cc dispute
Welcome to the forums. I would register and have a debt counselor contact you. They could give you some good advice on how to settle this matter and maybe get some payments low enough to pay it off. Good Luck KYSIDE38
it's with asset acceptance as the CA. I request proof of the de
it's with asset acceptance as the CA. I request proof of the debt and all they sent me was a 1 page statement from them showing the amount they say I owe.
letter says Quote:Dear XXX: Thank you for your request for f
letter says
Quote:
Dear XXX: Thank you for your request for further validation of you acount. Enclosed please find an account statement prepared with the use of information provided to us by the prior creditor. Please contact me so we can work toward resolving this matter. Ashley May. --------------- The included page is a statement printed on asset acceptance llc letterhead. |
should they not have to provide more information?
The info that is given out doesn't cover the debt validation in
The info that is given out doesn't cover the debt validation in anyway. When you ask for debt validation from any collection agency, following information is to be put in writing. Refer them the FDCPA laws, so that you get more info about this account and review it carefully. You need to dispute them before the 30 days timeframe otherwise they will assume that you have agreed to what they have given out. Send your letters through certified mail for records and keep copies in your important folder.
asset
Asset Acceptance sent me the same thing. A print out with my name, address, and false phone number, and a balance with fees. That's all they will send. I have asked them for debt validation and never get it.
It has been a year and the debt hasn't been validated. The credit agencies tell me that Asset verified the debt was mine, but they don't tell how it was verified or validated.
ya I also have sent them 2 letters which include no phone contac
ya I also have sent them 2 letters which include no phone contact only mail and still today I'm getting calls. I'm now sending them a letter notifying them that they aer now in violation of the law and legal action will be taken....not that they care.