Received answer from Asset and nothing!!
Date: Tue, 02/07/2006 - 20:31
Not even a photo copy of something!!
They actually sent me the same letter as the first one, which included the name of the bank and account number, typed a bit different.
The only thing they add is a last transaction date which is 07/06/94.
This is a lie but even this date is way past the SOL. In CA the SOL is 4 years.
So, what should be my next step?
Thanks
Send 2nd confirmation
Hi, Okay...I'm not expert but in my dealings with them, I would suggest you send a second letter stating you did not get validation within the 30 day period as requested so you are once again requesting they validate this date within 15DAYS you can find a form letter online for this. If they still do not satisfy this, simply send all that info to the credit bureau and ask it be removed. debt collectors DO have to validate debts. I have had 3 removed from my credit report this month with validation letters. Don't give up or give in! Good Luck!
You may also state in your letter,that this debt is past the SOL
You may also state in your letter,that this debt is past the SOL.They may leave you alone once they realize that you know the laws.
It's very important to dispute on the expiry of the SOL in your
It's very important to dispute on the expiry of the SOL in your letter. You must show your reasons that you were not trying to avoid the debt. If the matter is taken to the court (though it never will be), the judge should understand that you never acted with irresponsibility in resolving this matter.
Send your letters certified and keeps copies in a file. The collection agency will try to make you pay on this account thinking that you are not aware of the laws or perhaps will make the account current by bringing some activity on it. Never make any payment agreement or sign a promissory note on an account with expired SOL unless you are thinking of improving your credit in small ways.
If you plan to send out another validation letter---then I would
If you plan to send out another validation letter---then I would send the same exact one as before. I would also attach a short letter explaining (what the others have told you here) about it being out of the SOL, and that you had requested validation before but didn't get it and you are requesting once again. You can change the time frame on it from 30 days to 15 days. Shirley
Quote:debt collectors DO have to validate debts. I have had 3 re
Quote:
debt collectors DO have to validate debts. I have had 3 removed from my credit report this month with validation letters. |
Confused---what did you do, send a copy of the validation request with copy of signed green card to credit bureaus to show that you asked, and tell them that you never got it? I'm in that same state right now. Trying to get bureaus to take off debts that haven't been validated. But original creditor sold accounts and collection agencies aren't on report at this time. So I'm not sure this will do me any good. thanks, shirley
Quote:If you plan to send out another validation letter--- Sh
Quote:
If you plan to send out another validation letter--- |
Should I send another validation letter?? Why?? Would you recommend that??
It's obvious they have nothing, and even the last transaction date they sent, past the SOL long time ago.
No, if it were me, I wouldn't. Because you already did this and
No, if it were me, I wouldn't. Because you already did this and they didn't respond. Plus this debt is clearly out of SOL. So if you respond to them in any way, I would just do it to point out that this debt is out of SOL. At this point, what are they gonna do? what can they do? I don't see where you have to spend a lot of your time tied up in letter writing to these people. If it was within the SOL then its worth the effort to dispute and try to get validation and such, to keep it off of your credit report. This is too old to really worry about. just my opinion here. shirley
Quote:If it was within the SOL then it's worth the effort to dis
Quote:
If it was within the SOL then it's worth the effort to dispute and try to get validation and such, to keep it off of your credit report. This is too old to really worry about. just my opinion here. shirley |
Some collection agencies that use scary tricks to recover the debt from the people often wait for this response from the side of the consumers. They wait for the people to ignore a particular debt, maybe it does not belong to them even. Now, the question is what they can do with this and why you should be alert?
Let's say a CA is trying to collect on a debt that is out of the SOL or a particular account that does not belong to you. You have your reasons to avoid it and at the back, the CA will take this matter to the court. They will prove that such and such consumer is trying to avoid a legitimate debt. Hearing the case, you will be served notice to appear in the court. You ignore it as you were always correct from your side and were never aware what was happening at the other side. Seeing your avoidance, the judge will make decisions in the favor of the CA and thus you will be legally asked to pay some kind of debt that never belonged to you or was way out of the SOL period.
Thus, it is a must to send dispute every time you are being contacted for a particular account, even though it does not belong to you. Basically, you have to keep your side clear and with proof that you tried every actions to resolve the matter and never tried to avoid it. This response is the most important factor that counts in the court hearing.
Yoji, I found one of the debt validation letters in this site. U
Yoji, I found one of the debt validation letters in this site. Use this letter and send it to the collection agency for identifying the complete debt.
http://community.debtcc.com/letters/sample6.html
It will be helpful for you to send this letter through certified mail with return receipt requested. Keep a copy documented in a file for records.
Thanks but I already past the validation step. They totaly fail
Thanks but I already past the validation step.
They totaly faild to comply and the aleged debt is way past the SOL
Write a letter to the company mentioning the expiry of the SOL.
Write a letter to the company mentioning the expiry of the SOL. Make sure that this letter reaches them. Send it through certified mail with return receipt requested.
Talking about the debt validation part in which the company failed to give you any information, keep your proof like the green copy of your certified mail in safe place. This green slip proves that you asked the company to give you the details of the debt for which they called you but have failed to give you any information. Decisions will be in favor of you.
Yoji, in my opinion the letter you got from them is great...they
Yoji, in my opinion the letter you got from them is great...they just screwed themselves. They proved right there that the debt is out of the SOL. So, now just dispute the debt if they reported it to the credit bureaus and have it removed, and technically they should now have to stop collecting on it...wow, they are stupid. You have all the proof you need right there in their letterhead.
