What happens when a debt validation letter is sent?
Date: Thu, 08/16/2007 - 16:08
What happens when a debt validation letter is sent to a law firm representing a junk debt collector? I tried to deal with this collection company's law firm by offering via letter $700 for a $343 charge-off. They claim I owe them $1,392. I could only get them to budge a 100 dollars from that amount. So, out of anger, decided to certify letter the law office and 1st class mailed the collector represented by the law firm with a validation note. I am really not wishing to avoid paying the debt, but at that amount they are being GREEDY! I will not comply to their rediculious request.
Should they comply within 30 days, or is it another time period? What if they do not? Do I need to do anything further?
Thanks for any information that you may provide!
Should they comply within 30 days, or is it another time period? What if they do not? Do I need to do anything further?
Thanks for any information that you may provide!
Wait till you hear from them. But, they have no set time in whi
Wait till you hear from them. But, they have no set time in which to respond (unless your state law says so). The law says (fdcpa) that they can choose not to respond at all, as long as all collection attempts are halted. Being this is a junk debt buyer, you'll probably hear something from them, even six months from now, in the form of some bogus affidavit or the like. They were trying to rip you off.
