| Author |
Message |
|
Options 
Bookmark online
|
Duncan56
Guest
|
|
Subject: Are law firms not supposed to reply to validation letter?
|
|
|
Wed Jul 01, 2009 4:45 am
|
|
|
| A law firm called me for a credit card debt 5k. I told them that I would send them validation letter to see if the amount they mentioned is correct. But the rep insisted on making a payment plan on the phone. He said that they are law firm and not debt collection agency, who are supposed to reply to validation letters. He also continued that I would have to inform him within 2 business days if I agree to the settlement or they would proceed with the lawsuit. They are trying to settle for 3.5k. Shall I agree to it without validating the debt? |
|
|
scott
Joined: 28 Jun 2006
scott's page
Posts: 462
10934 Magic Points
|
|
|
|
|
Wed Jul 01, 2009 7:15 am
|
|
|
Hi Duncan,
Any law firm trying to collect debt are subject to the FDCPA rules, and are required to validate your debt. I have heard that law firms are very aggressive in collecting debt, and often threaten to sue. If they indeed sue, you can request the court to demand a validation of the debt from the law firm.
_________________
SCOTT
Use your credit account responsibly and enjoy a debt free life. |
|
|
rachael
Joined: 11 May 2009
rachael's page
Posts: 244
6581 Magic Points
|
|
|
|
|
Wed Jul 01, 2009 7:20 am
|
|
|
Hi Duncan,
I agree with scott. But even if the law firm is able to validate the debt, you should not accept any settlement offer, before coming to a pay for deletion agreement. You must send them a "Pay for Deletion Letter". This letter will ensure that the law firm reports to the credit bureaus to have the debt accounts removed, after they are paid off. You can find a sample "Pay for Deletion Letter" in the Letters of Credit section.
_________________
Looking forward to a debt-free life. |
|
|
