dv

You can submit a dispute to the credit reporting agency and they will most likely respond to that. I actually had a few items updated or removed through that process.

Many times tho, the CR will only update the account as "Disputed by debtor."

yep thats what they have done..just updated it..can i still do dv with ca? does it do any good at this point?

Absolutely!! Make sure you send it CMRRR...if after 30 days (of getting the card back), dispute it again with the credit bureaus as CA was unable to validate...if the CR comes back again as validated...then you can sue the CA for FDCPA violations...reporting w/o validating is in essence a collection acitivity.

Take it from my experience, fight the CR's and become a problem until they fix what is incorrect. Experian was nice enough to merge my CR with someone from South Carolina who had also filed for bankruptcy :/. They at first did not want to fix the problem but did when I called in 7 times in a single day and simply ate up too much of there time. Remember that the CR agency works for the bank, NOT you. How does this happen is the question?

I get my mail at my parent's house and my mom just found a letter from 4/10 from Stellar Recovery / Current Creditor Crown Asset Management for Household Bank Card. They are sayiing I owe $655.49 but will settle for $262.20.

I have to notifiy them in 30 days if this isn't right which 30 days has passed because I just received the letter. I'm not sure this is my account and not my ex-husband's so I'd like to validate it!

Well from reading this forum I know NOT to screw around with this BS as I don't want a judgement or end up having sheriff visit.....

Is it too late to send a debt validation letter to them? Or do I just need to call them and set up payment plan? They will want $ now but I need to spread it over 5 payments starting July 15th...

I just responded back to the message you sent me..but I will post here as well.

This is what I found:

Quote:

And as far as doing your dispute with the CRA: yes, they have to mark it as under Dispute. If the CA does not respond to them within 30 days (extendable to 45 days), then they must remove it from your record. But if the CA eventually responds to them,, they will just put the mark right back up.

Experian is the worse, if this is not your debt you may have to sue them because, in open defiance of the FCRA, Experian often takes the lamest "it's your debt" note from the CAs as verification of the debt - which to any reasonable person, it is not.

Hopefully, though, everything works out. Just keep all your ducks in a row, and document everything.