Debt Validation
Date: Wed, 10/13/2010 - 08:25
I sent out PFD to 4 different collection agencies several months ago and have not gotten a response. I then sent out Debt Validation Letters Last Week (10/5/2010) via certified mail. What should I do next if I do not hear anything from them? How long should I give them? In the letter I told them they have 15 days.
A collection agency does not have to validate or do pay for dele
A collection agency does not have to validate or do pay for deletes. There is nothing in the law that requires them to do so and a lot dont. However, they cannot continue to collect until they do so.
15 days may not be reasonable. If an account is being worked 3rd party, a request has to go to the client and then research has to be done, copies made and then mailed back. It does take time and since you are not a paying customer, doing this legwork is not their first priority.
I've read in the forums that some people dispute the accounts wi
I've read in the forums that some people dispute the accounts with the CRA after sending debt validation requests and receiving the delivery confirmation. How does that work?