Portfolio Recovery Ass.

More details please. What state do you live in? When was the last time you paid on the debt?

If Portfolio Recovery Associates have validated your debts, this means you owe the debt and you will be liable for paying it off. Initially, they will want you to pay off the dues in full. But you will have to negotiate with them in order to settle the debts. If you're unable to negotiate with them and settle the dues on your own, then you can take the help of a debt relief company to deal with them.

Are you sure this is your debt? Also, are you sure this company truly owns the debt? I'd want definite proof that they do indeed own it before I started talking with them.

When was the alleged date of default and what state are you in?

what did they send?if it is just a statement with no letterhead then they validated nothing.i could type up some of these statements that bottomfeeders send.please clarify what they sent as validation before proceeding.

Thanks for all of your responses. the top of the letter says Re: verification info. concering PRA acct #.......then it has the original company's name.

Then there is a summary of additional info. This has my name, ss num, date opened, balance, then it says please contact us if you would like to recieve a payment history of payments posted since our company has had this account.

It also says if I want to dispute anything I must do so by Jan. 26.

I called the orginal company and they also validated that they sold it, but could not tell me the company???? I have no problem making payment arrangements with the company, but I do want to be sure they own the debt. Is this validation that they have sent me?

O, I am in the state of Virginia. My last payment was in March 2010. Also, the letter says that the seller provided an electronic file of its business records.

This is not proper validation and you should not treat it as such. Do NOT offer to pay these people one penny until they properly validate the debt in accordance with federal law.

yep just as i thought.these places crack me up.first off you didn't ask for verification.you asked for validation.second since the OC sold it there were no payments since they purchased this alleged debt.third.re-send your DV letter with an addition stating that you don't accept that as validation.again send the letter certified mail return receipt.

If the letter stated that a file was sent, then demand to see such file since only THAT would be partial validation. What they sent you is a joke.....they just re-spouted their own information and tacked on that they got files from the company...conveniently they seemed to NOT send you a copy of your 'file'. Hmm.

thanks for all the help. I will draft an additional letter tomorrow. Keep ya posted.