Debtconsolidationcare.com - the USA consumer forum

debt verification letter in Texas, response time by CA

Date: Mon, 07/30/2007 - 11:07

Submitted by anonymous
on Mon, 07/30/2007 - 11:07

Posts: 202330 Credits: [Donate]

Total Replies: 5


If I send a debt collector a request for verification of a debt they are chasing me for, do they have to respond within a given time under Texas law? Thanks.


I don't think debt collectors have any restricted time frame within which they have to validate or verify a debt. Are they reporting the item on your credit report? If you think their reporting is incorrect and they are not verifying it after sending the letter, dispute it with the credit bureau. They will investigate with the company and verify the details.


lrhall41

Submitted by orake on Mon, 07/30/2007 - 11:33

( Posts: 482 | Credits: )


What you are looking for is Texas Finance Code No. 392, or google the Texas Debt Collection Act. I've read it, and the beauty of it is, that it applies to original creditors as well as third parties. Violations are not only civil but also criminal misdemeanors, as well as automatic vilations of the Texas Trade Practices act.


lrhall41

Submitted by Law Student on Tue, 07/31/2007 - 20:02

( Posts: 1182 | Credits: )