VNtrsc - What should one do
then? Suppose, there is a collection account on the credit report. The
debt collector doesn't have to validate the debt and they continue
reporting. Then what is the solution? Disputing the account with the
credit reporting agency?
The reason a debt collector is
not required to validate a debt in response to receiving a validation
request from a consumer who learned about the debt after finding it on
his credit report is because there was no initial communication as
required by the FDCPA. Courts that have ruled on the issue have ruled
that credit reporting is not an initial communication that triggers
validation rights. Some debt collectors will validate after receiving
a request under such circumstances, but they are not required to do
so.
So, yes, the next step would be to file a specific dispute with the
credit reporting agencies. Note that the collection agency is not
required to send documentation to the consumer. In the event reported
account it is verified, the consumer could dispute directly with the
collection agency. However, again, the collection agency would not be
required to respond with documentation. Neither the FDCPA or the FCRA
make such a requirement.
The actions taken a consumer would depend upon the reason(s) for a
dispute.
We need more information.
However, if you sent a debt validation request as a result of finding a
collection account on your credit report, your validation rights under
the FDCPA were not triggered. The collection agency does not have to
validate and can continue reporting.
Sub: #1 posted on Fri, 06/05/2020 - 00:03
(Posts: 394 | Credits: )
Sub: #2 posted on Tue, 06/02/2020 - 22:37
(Posts: 394 | Credits: )
So, yes, the next step would be to file a specific dispute with the credit reporting agencies. Note that the collection agency is not required to send documentation to the consumer. In the event reported account it is verified, the consumer could dispute directly with the collection agency. However, again, the collection agency would not be required to respond with documentation. Neither the FDCPA or the FCRA make such a requirement.
The actions taken a consumer would depend upon the reason(s) for a dispute.
Sub: #3 posted on Wed, 06/03/2020 - 05:45
(Posts: 18 | Credits: )
Sub: #4 posted on Mon, 06/01/2020 - 18:52
(Posts: 18 | Credits: )