WOW! My first validation!

Tell them that you'll pay the $60.00 that you owe and nothing more.

What all did they send you as validation? In this case, I'd want to look at the original contract, seeing as how 75% of the total is fees and interest.

unclewulf:
What all did they send you as validation? In this case, I'd want to look at the original contract, seeing as how 75% of the total is fees and interest.

Hiya unclewulf, thanks for responding. What I received as validation was the original signed credit application, very little info is on there other than, name, address, ss#, etc. If I remember correctly, the interest fees and etc. was on the back of that application, they didn't send that part to me. They also sent copies of 5 (five) billing statements. These are dated: 4/2007 (balance of $81.96), 7/2007 (balance of $75.38), 8/2007 (balance of $73.85), 1/2008 (balance of $166.48), 2/2008 (balance of $199.01). Quite a few missing in the middle there. And now, the balance is $232.37. Also, I received this validation form "Retail Recovery Services" and am instructed to make payment arrangements with them. They have a P.O. Box number in Milford, Ohio. What do you guys think, in terms of a settlement offer?

settlement sounds ok,i hear ya though.my rewards 660 account was vaildated.worked out a payment arrangement for the total amount.they marked it pif in my credit report,so there are some for legit debt that will validate.

OK, not trying to hijack this thread, but I don't think this question would require me starting another thread and I think my issue relates to Shazzer's. If not, maybe a moderator can just move my question to its own thread.

I too received my first "validation" to a DV letter about a week ago. It was also the first and only response I have received so far to many, many DV requests. I guess I shold be excited I've received any response at all!

Now, my question is this. Are copies of the front of about 4 statements proper validation? The most recent statement was from 4/2007, which is about correct as about the last time I was able to make a payment as that's when my funds finally dried up. They sent no copy of a contract with my signature on it as well as not proof that I'm obligated to pay the CA in question and not the OC.

The letter they included advises that's all they are required to provide, according to the fdcpa and I can conveniently contact their offices to negotiate payment.

I'm thinking, no way! They have not properly validated and I need to send them a letter advising them of this. I also think I need to remind them of the partial Cease and Desist in my original DV request, as I have no plans of calling them and I don't want them to take this as their cue to start ringing my phone off the hook. I still only want to deal with them by USPS.

What do you guys think?

I too have received three so called" Validation" letters.
Two from Mann Bracken and one from Oiliphant.
However they do not seem right to me as they did not
respond to all the questions .. They sent a notary
signed paper that some agent from the creditors was authorized to say I owed.
No break down of fees Late charges etc ... No original contract...
So next week I have an apt with a consumer lawyer here in Ft Worth to see what he says about them...

A notarized statement just saying it's yours doesn't cut it.

So I'm presuming just receiving 5 copies of statements isn't correct validation either?

Just because they have statements does not establish their legal claim to the debt in question. A copy of the original contract that you signed as well as a bill of sale or assignment contract would be the very least of what I would consider correct validation.

JCEMT - I believe you are correct - them just sending statements does not prove it's your debt. They need to prove the debt is yours and provide something that indicates such.

edited by FYI. Please ignore this post and poster.

Geez!

Nonsense! How about: Why don't you shut your pie-hole if you don't have anything useful to say?

Which would be pretty much all the time.

No, no, I take that back. I love to read your asinine, ridiculous posts. They're quite entertaining at times. And everyone is entitled to his/her opinion, even if it is incorrect.

I also realize debt validation has been a difficult concept for your enfeebled brain to comprehend; however, it is real and covered by the fdcpa. You might take the time to read and/or comprehend the responses you receive to your comments and you just might learn something.

Thanks guys, I figured just sending copies of statements wouldn't cut it. Just about anyone could fraudulently get copies of statements. Or, with a halfway decent Word or Publishing program, could dummy up statements claiming they're mine.

I'll be glad when your Internet gets turned off again, because you didn't pay your bill. Then we'll have some peace from you and your silliness for a week or so.

Does anyone have any suggestions on what seems like a good settlement offer?

Shazz offer them 50% if they own it and 60% if it's still owned by the creditor.

How can I find out if they own it, that's the confusing part. :?

Call the creditor and ask.

can you trust the creditor if thay say thay own debt and if you settle for half will it be over? or can the balance be colected later on? also do the collectors who call treat you like stanki crap if you offer way less than what thay are trieng to collect or do thay trie to work with you so thay can make a bit of money as well?

Shaz--if you call the original creditor, they will be able to tell you if they still own it or not. If they dont, then I would recommend sending a certified letter to the CA thats trying to collect right now, requesting proof that they are legally entitled to collect on this debt. The last time I went through something like this, I actually had two CA's trying to collect on the same debt, but each one claiming that I owed very different amounts. Turned out that the debt was bogus, but I explained to the CA that they werent the only CA contacting me right now over this same debt, and demanding payment on it. In the end, neither one could provide proof of anything. I would give that a shot, if the OC doesnt own it anymore.