Question about CA LRA

Date: Mon, 01/11/2010 - 10:12

Submitted by islefan3949
on Mon, 01/11/2010 - 10:12

Posts: 273 Credits: [Donate]

Total Replies: 6

As I posted previously one of my accounts was sent to a collection agency LRA. Since I heard from them I have sent them a DV letter and a copy of the payday laws for my state NY, now what I'm wondering is what happens if I don't hear anything back from them? Am I just done with dealing with them? Will I need to get back in touch with anyone? Like I said I have no problem paying back the pdl what I owe, but the amount they wanted with the fees and stuff is outragous. So if they can't verify the debt am I just done with it? Anyone have any experience dealing lra after they sent them letters? Thanks for your help.

All collection activity and reporting to CRA's must stop during

All collection activity and reporting to CRA's must stop during the validation process. If they do make ANY attempts to collect on this debt before they validate this debt then they are in violation of the FDCPA and you could sue them for up to $1000.00 for that violation. If they report to any CRA's during the validation period, you can sue them for up to $1000.00 for each violation. Until they validate the debt, there is nothing further you can do. It's their loss, you followed the law, they didn't.

lrhall41

Submitted by Shazzers on Mon, 01/11/2010 - 19:25

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You can read more about LRA in the following link. http://www.d

You can read more about LRA in the following link.

http://www.debtconsolidationcare.com/collection-agencies/lighthouserecoveryassociates.html

lrhall41

Submitted by SC on Mon, 01/11/2010 - 21:26

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But what I'm wondering is what if they never validate it? you kn

But what I'm wondering is what if they never validate it? you know what if I never recieve anything from them in the mail?

lrhall41

Submitted by islefan3949 on Tue, 01/12/2010 - 07:25

( Posts: 273 | Credits: )

Quote:Originally Posted by islefan3949But what I'm wondering is

Quote:

Originally Posted by islefan3949

But what I'm wondering is what if they never validate it? you know what if I never recieve anything from them in the mail?

They probably never will validate this debt, which means they will never be able to sue you. If they try to sue you you can have it thrown out of court by filing a motion to have it dismissed with prejudice on the grounds they never validated the debt. You have proof they received the validation letter right? Basically, this will remain in limbo until they validate the debt, which will most likely never happen.

lrhall41

Submitted by Shazzers on Tue, 01/12/2010 - 07:31

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So I don't have to pay them anything until I recieve something?

lrhall41

Submitted by islefan3949 on Tue, 01/12/2010 - 08:50

( Posts: 273 | Credits: )

Should I try and speak with and get them to accept a payment of

Should I try and speak with and get them to accept a payment of 220 which is the balance that I owe to the payday loan. Or am I better off waiting to see if they are able to validate and send me something.

lrhall41

Submitted by islefan3949 on Wed, 01/20/2010 - 11:12

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