After the Validation Letter

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After the 30 days expires, and if the companies do not send the validation info, what do i do next? I see there are follow up letters, do i send them and if i do what if they then do not respond.

It's not in the law that the collection agencies have to provide the information within the 30 days period. The CA gives the consumers 30 days to dispute anything about the information given. If you don't respond to them within this period, the debt is believed to be correct with all the information given.

If you don't hear anything from the CA, send a follow up letter. If you still get no response from the CA, notify the credit bureau about this item. They will check with the company and update the item if it is found disputed.

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Secondly, i have noticed that some people are stating that the company may sell your account once they receive the letter, what then? Do i start over with the new company by sending a validation?

Possible, the company often sells off the account or passes it to another company when they are unable to collect it. But you still have to force them validating the account before making any payment. You should first confirm whether their collection of the debt is genuine.

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If any company turns my account over to a law firm whom attempts to sue me for the money, without ever receiving validation, what are my rights?

Legal actions are not possible unless the company has performed legal collections from their side. With that said, the debt should be first validated to you so that you can make your payment arrangements. If the case is taken to the court, they will lack proof when asked for the account for which they are collecting.

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Quote: If any company turns my account over to a law firm whom attempts to sue me for the money, without ever receiving validation, what are my rights? Legal actions are not possible unless the company has performed legal collections from their side. With that said, the debt should be first validated to you so that you can make your payment arrangements. If the case is taken to the court, they will lack proof when asked for the account for which they are collecting. View user's profile Send private message Send e-mail

Also, even if they turn it over to a law office, many law offices try first to collect debt and THEY ARE BOUND BY THE FAIR DEBT COLLECTIONS PRACTICES ACT

SO you can still ask for validation , and if they are unable to validate it,they certainly wont file suit, as they already know they wont have a case to proceed on. However if they can validate the account and give an acceptable calculation of the debt, then you need to work out arrangements A.S.A.P as a this point they know they have validated, and will be more likely to file suit if they feel you are trying to dodge them.