straight facts
Date: Tue, 05/16/2006 - 11:01
- a copy of the collection agency's license to do business in their state.
- a copy of a signed contract by the consumer agreeing to pay the debt.
- notification of any insurance claims made by the creditor concerning the account.
- the date the collection agency obtained the account.
- an explanation of the product or service for which the consumer owes the agency.
- the names of the consumer reporting agencies to which the collection agency furnished the information.
The above material is not required to validate a debt, but consumer's are lead to believe that failure to provide such material squashes the debt.
Settle up...I'm going to ask you this AGAIN..Let's see if you an
Settle up...I'm going to ask you this AGAIN..Let's see if you answer me this time.
If you're not required to present such material, how are we supposed to know who to pay in the event that TWO agencies are trying to collect on the same debt? This has happened to me before, and I have straightened it out after recieving all information.
so, in your employers view, what are you considering validation?
so, in your employers view, what are you considering validation? Basically saying "we have your address, and suspect you owe money to our client,there for the debt is validated?"
People should not be under the impression that a CA being unable (or in many cases unwilling) to validate a debt "squashes" the debt or makes it go away. It does, however force them to cease collection attempts until such time as they can produce validation/verification (this of course assumes the CA in question works fully in compliance with state and Federal regulation and laws).
Also some things you listed while not specifically listed in the fdcpa are allowed under applicable state laws (for instance you must be licensed to collect in my state, IL. If you are not I am under no legal obligation to pay your or even to deal with you . I no longer would request licensing information, as that is public record and can find that information sooner my self than wait for a response from the CA.
What would I do in this case? If you were not licensed, I would notify you of that fact, maybe offer a settlement with a few contingencies (paid or settled letter, clear reports to CRA's assurance that any remaining balance after settlement wont be referred to another CA. In return I will NOT report you to the State for disciplinary action, and I will NOT emberass you by notifying your client that you are operating in violation of State law on their behalf.
Actually under the FDCPA a consumer is under no legal obligation to deal with ANY debt collector if I choose not to. In these cases it is the original creditor who refuse to recall accounts that are screwing them selves. Why a OC would want to assign any account to a CA and give up their numerous right and vehicles to legally collect on debts is beyond my comprehension.
responding to jessi's question with two c/a's attempting to coll
responding to jessi's question with two c/a's attempting to collect on the same account. Why not settle with the agency who offers you a better deal and then provide the other with a copy of a sif letter.
Settle up....That makes no SENSE...One of these collectors is no
Settle up....That makes no SENSE...One of these collectors is not legally collecting on the debt. Only ONE collector is legally able to collect on one debt. Both debts are for the same amount.
I've also never been interested in SETTLEMENTS on my accounts...I pay mine in FULL for my own peace of mind. And I only pay to those who can show me that they rightfully are collecting my money.
Quote:responding to jessi's question with two c/a's attempting t
Quote:
responding to jessi's question with two c/a's attempting to collect on the same account. Why not settle with the agency who offers you a better deal and then provide the other with a copy of a sif letter |
Does it prove that the company offering better deal is making the genuine collections and not trying to scam Jessi. Even if she pays the account without inquiring about the company, what happens if someone else comes up with the same info and asks for payments? Will she pay them again?? The previous company never updated the accounts because they had no legitimate account info from the creditors. They just wanted to earn money and they did it right?? Who will compensate her for the loss, settle up
Quote:responding to jessi's question with two c/a's attempting t
Quote:
responding to jessi's question with two c/a's attempting to collect on the same account. Why not settle with the agency who offers you a better deal and then provide the other with a copy of a sif letter. |
What a dumb is that.
And to your first post: What are the materials to be supplied while collecting debts according to your opinion?
Stella, he doesn't believe that they even need to supply any mat
Stella, he doesn't believe that they even need to supply any materials.
In other words, he's been brainwashed by the junk debt buyer that he works for. Instead of learning the actual LAWS, they've taught him what they want him to think in hopes that the majority of the people he deals with won't know their rights and their laws. What he doesn't know, is that if we pay the wrong person, a SIF letter isn't going to do any good. We paid the WRONG person.