Helpful Resources

Community

Popular Discussions

Home

Credit Forum

Credit repair

Debt Validation letter

Post reply Start a topic

Author

Message

Options

	Print this topic
	Invite a friend
	Email this topic

Bookmark online

	Add to del.icio.us
	Add to YahooMyWeb

MizzZ_tina

Joined: 27 Oct 2009
MizzZ_tina's page
Posts: 1

25 Magic Points

Subject: Debt Validation letter

Tue Oct 27, 2009 1:59 pm

If you send a collection agency a debt validation letter, how is the credit breau going to know if they respond within 30 days or not?

debranewell2008

Joined: 10 Oct 2009
debranewell2008's page
Posts: 421

7253 Magic Points

Tue Oct 27, 2009 7:18 pm

Hi Tina,

I'm new at this to but I believe that is why you send it certified with a receipt so you will have proof of when you sent it. I'm sure others will be able to help you with this better than me. The have more knowledge of this sort of thing. But that is my guess. Just hang in there.

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4124

1011 Magic Points

Wed Oct 28, 2009 12:31 am

Hi, I believe there is no certain time limit a collector has to validate a debt. I do know if they do not validate you can dispute it with the credit bureaus and they have to remove the listing. I have heard of collection companies sending junk they know is not true validation and some who just don't reply. Debra is correct you must keep the return receipt from the registered letter you sent to show the amount of days has passed.

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4124

1011 Magic Points

Wed Oct 28, 2009 12:38 am

[System detected duplicate content and converted into image.]

Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 1093

25288 Magic Points

Wed Oct 28, 2009 5:01 am

Mizzz_Tina,

If the debt is validated by the collection agency, then they will report it to the credit bureau. However, there is no fixed time for doing it. If the debt is not validated by the collection agency, then you have to report it to the credit bureau and also you can dispute the listing.
_________________
All the Best Smile

Justin

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4124

1011 Magic Points

Wed Oct 28, 2009 9:47 am

Justin, If they do not validate does this ensure that you can successfully get the listing removed due to the fact they did not validate? What if when it is disputed they validate with the collection agency?

Quick Reply

Your Name

Subject

Message body


Page 1 of 1