disputing Whole credit card debt

I don't know if that would work in reality...someone will be along to help you with that.

Would a debt validation letter work in this case?

spill-Disputing it with whom? The credit bureaus?? The orginal creditor??

I'm pretty sure that disputing ALL of your credit card debt would not work. That would take a long time, wouldn't it? Don't you have to dispute each transaction one by one?

Good point eleroo, am not sure what the whole point of disputing it would be. Are you disputing that you made these purchases or what?

ladybug

Doing something like that seems like it could get someone into some serious trouble. I would never chance it.

That's what Hess Kennedy tried to say they did for their customers when we all started complaining that we were being ripped off and they weren't settling our debts.

I'd be very wary....

I hope I'm not misunderstanding the OP's post...but it appears that you are looking to dispute debt that you actually incurred on your credit cards, therefore hoping the credit card companies will simply wipe it off their books, leaving you paying nothing?

I wouldn't take a chance on this method - not even on a bet. I can pretty much guarantee you it won't work. The credit card company is under no obligation to eliminate "disputed" debt - regardless of WHO does the disputing (ie your debt elimination company or you, yourself).

What you have to ask yourself in this situation is this: if you were the credit card company, and a client came to you, disputing every single charge they made on the credit card you issued them, what would your reaction be? Simple. You, as the card issuer, would pull all records showing that the cardholder signed for every single transaction - and you would deny the request to dispute the debt.

I think this company that is trying to "help" you is going to get you into some pretty hot water if you allow them to do this. I'd pull all my information back from them (if you've given them any) and run in the opposite direction - fast.

I agree with you Sue it is not a good idea and you could get into some serious trouble.

:oops: ladybug

Absolutely!

A good friend of mine was applying for a mortgage loan and was too high on net to debt....so he went and disputed all of his credit cards via the bureaus. It was enough to get him through the app process, final docs and then when they pulled final credit guess what, the disputes went away because they were validated and someone ended up with no mortgage loan.

Wow! Did your friend even consider that would have happened? It would have been horrible to have been all moved into the house & find out that you didn't get the loan after all.

I would suppose if they did not get a mortgage they could not have moved into the house

I was just going top say that kash...he (or anyone else for that matter) cannot take possession of the property unless title records and if no loan, no recordede title, no keys.