Background: When I was younger, my mother signed up for several credit cards in my name. I received my first collections call in November of '07 (Collect America). In order to forgo the whole sending my mother to jail option, I figured I'd be better off fighting this, at least until the SOL runs out; but I'd obviously prefer to deal with this sooner. They failed to provide validation and instead sold the debt to another JDB. I sent another DV to the new buyer and again they failed to provide validation. Just recently I received another call from another CA; but that was nearly 2-3 weeks ago and they haven't called back since.
After confronting my mom about this she paid off all but 1 of the credit cards in my name. She continues to pay off the additional card and should be paid by the end of the year. Needless to say my CR is pretty much in the trash after all this and I'm actively working to fix it.
So now my question is...I have all the certified mail receipts along with signed signature receipts to indicate that validation has been requested. Both of the CA's have failed to provide validation, so would it do me any good to dispute the charge-off with the CRA?
And supposing I am able to remove the marks on my report, can another JDB put them back on?
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.