Debt Validation
Are your credit card accounts in default and now in the hands of
Are your credit card accounts in default and now in the hands of a 3rd party collector? That is where dbet validation comes into play. You send a DV in response to a dunning letter generally. You can also DV a CA if you find them on your credit report. You do not, however, DV the Original Creditor.
Debt Validation
No, all cards are with original creditor. The lawyer said that he disputes the accounts under the ? common law?
He said that because it is a statement of account like from a lawyer, unless you agree to the amount due the bank cannot sue me for account stated.
He looked at my billing statements and my interest rate has increased steadily even though I have never been late.
He sounds like he knows what he is doing. I mean, with the way things are, a 600 credit score is going to be the medium as long as i have a job.
You can be sued for an amount you do not agree with! You can
You can be sued for an amount you do not agree with!
You can do DV yourself for about $5 in postage per creditor. So if he's charging you $549/month, he is not doing you any favors!