DEBT VALIDATION
Date: Tue, 05/05/2009 - 13:19
So I sent them a DV letter
They wrote back and said: {As a result of our investigation we are hereby denying that the information is inaccurate.}
So I sent a FOAD letter.
There response: They sent a page saying DEBT VALIDATION with the last 4 # of my Social my name and address. That was there validation.
I am 99% sure it is SOL due
Question if they continue to send letters what to do?
Don’t have the time nor desire to take them to court.
Just ignore the letters?
AM
NASCAR you out there
Ignoring letters is generally a bad idea. I would save all the i
Ignoring letters is generally a bad idea. I would save all the information for a just incase they attempt to take you to court.
I don't think it is necessary to reply to any more attempts. As
I don't think it is necessary to reply to any more attempts. As the debt was not properly validated and they have continued to communicate with you after a C&D letter. It would be eternally ignorant of them to attempt to sue you.
Abhi...are you still in NY? When was the last time you made a p
Abhi...are you still in NY? When was the last time you made a payment on the account? They are allowed to contact you once more after recieving a full Cease Comm (FOAD) to inform you that a)they are ceasing collection efforts or b) any specific action they intend on taking i.e. file suit. If you are beyond SOL and federal reporting period and they continue to contact you after receiving the FOAD, you might have to file suit against them for FDCPA violations. Regardless, report them to the FTC, the MI and NY AG's, the ACA and the BBB.
OK...since you're in TX now, file with the TX AG. This is one o
OK...since you're in TX now, file with the TX AG. This is one of the most debtor friendly states in the country. SOL is 4 years but you've made a few moves since you defaulted so you'll need to determine whether or not SOL has tolled.
Asset Acceptance LLC
the original debit is from CA the last payment was made 9 or 10 years ago. even longer.
Send Asset a letter stating that the debt is out of SOL and tell
Send Asset a letter stating that the debt is out of SOL and tell them unless they can PROVE otherwise they are to C&D in regards to this matter.
They will probably send you a letter from one of their staff attorneys stating that in reviewing the case they find that it is still within SOL.
They won't prove it, just state it. Then you send that person a letter stating that your records show that the last payment was 10 years ago, you have checked with your state AG and your understanding is correct on the SOL and that unless they can show you otherwise you will consider this matter closed.
At this point you probably won't here from them again. That what I did and I never heard from them again. They even stopped "verifing" my when I contested their entry on my CR .