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Debt validation: How to validate your debt with the creditor

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Davy Dany

Joined: 02 Feb 2007
DavyDany's page
Posts: 3

214 Magic Points

Subject: Debt validation: How to validate your debt with the creditor

Fri Feb 02, 2007 6:35 am

If I send a debt validation letter will it restart the time the debt can be reported on my credit report?

Lussac
Guest

Sat Feb 03, 2007 2:35 am

No Davy, sending a debt validation letter does not restart the time debt can be reported on your credit report.

Justin

Justin

Joined: 17 Jul 2006
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Posts: 208

6052 Magic Points

Sun Feb 04, 2007 12:13 am

Debt validation does not renew the SOL timeframe. It also doesn't extend the reporting time period for a debt. The negative info stays for seven years from the date of first default.

If any collection agency tries to change the date of last activity, they are re-aging your account for hurting your credit for longer period. This is a violation of the FCRA.

If this is the case, send dispute letters to the CA as well as the CRA and get the item corrected. Show them proof of your last payment done. They will have to fix the errors. Or else, you have the rights to sue them on charges of FCRA violations.

Justin

goodnatured

Joined: 03 Nov 2007
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Posts: 2331

866 Magic Points

Sat Nov 03, 2007 1:43 pm

What if you don't have proof of your last payment, I have one that says I made a payment that I know that I did not make. Since I did not make the payment, I have no proof. I asked them to send me proof of the payment and they have failed to do so. This matter is coming up for arbitration soon. I have stacks of requests that I sent certified via return reciept requested and they simply have ignored or refused to provide me proof of said payment. I am hoping that the arbitrators will look at this and see that the only thing the said payment does is attempt to reage this debt.

SunDevilsFan

Joined: 09 Nov 2007
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Posts: 194
Location: Sunny Arizona

6568 Magic Points

Wed Nov 14, 2007 7:55 am

goodnature....its not your job to prove anything... they have to prove it... bring all of your bank statements to the hearing....

goodnatured

Joined: 03 Nov 2007
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Posts: 2331

866 Magic Points

Thu Nov 15, 2007 2:23 pm

Thanks Sun, I am hoping that the arbitrators see it that way, I need to call today and see what is up with this thing.

Dadummy

Joined: 15 Nov 2007
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Posts: 638

104 Magic Points

Fri Nov 16, 2007 12:13 am

I think you will find that this is the case goodnatured, you will get to give your side.

Laura

Joined: 21 Jun 2007
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Posts: 1409

34242 Magic Points

Fri Nov 16, 2007 3:18 am

Yes good you will get the chance to give your side as well but you have to be really well armed to take whatever they fire on you. Be patient and calm...things work fine that way. Keep us posted. Did you give them a call? Got your date for the arbitration? What about the lawyer..could you get in touch with him?
_________________
Regards,
Laura.

flowersbygone1@aol.com
Guest

Subject: how do you write a reage letter? does it usually work?

Wed Jan 16, 2008 12:01 am

I have 1 credit card that is way overdue and in collection. I just read about reageing and want to know if this is a good option. Could you give me a sample reage letter?

Laura

Joined: 21 Jun 2007
Laura's page
Posts: 1409

34242 Magic Points

Wed Jan 16, 2008 9:39 am

Hi Flowers,

http://www.creditmagic.org/repair/account-reaging.html

This is a sample letter for account re aging. Refer to that page.
_________________
Regards,
Laura.

Lunchtime

Joined: 29 Dec 2007
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Posts: 128

16 Magic Points

Wed Jan 30, 2008 12:21 am

Goodluck goodnatured, I hope this all works out for you. Hopefully it will all end in your favor.

fred333

Joined: 22 Jan 2008
fred333's page
Posts: 28

814 Magic Points

Thu Jan 31, 2008 8:17 pm

That is a tough situation. Good luck with evertyhing. Make sure to let us know what happens.
_________________
Trying to find debt settlement in my life.

August

Joined: 09 Jan 2008
August's page
Posts: 144

0 Magic Points

Fri Feb 08, 2008 12:49 am

Hopefully you will be able to get this all straightened out eventually, as you have been told here it is not your job to prove anything, they have the burden of proof and if they did not provide it, they probably don't have it. I think you will come out shining on this one.

When you show the many times that you have requested the information this should clue the arbitration team in also, I am sure that they have been through this before and know what to look for. These collectors are snakes, they probably did not think that you would take it this far, they probably thought that you would buckle and pay up. Good for you for standing up for yourself, if more people would do this, it would stop the greedy collector in their shoes.

Please keep the forum updated on this so we can all learn from your experience.

diem

Joined: 20 Feb 2008
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Posts: 97

115 Magic Points

Wed Feb 20, 2008 9:02 pm

No and if it did you would have them on a violation which is a sure deletion or $1,000! Just don't make any payments on it. Include a C&D (cease and desist) clause in your Debt Validation letter.

RockinIt
Guest

Subject: WAM

Mon Mar 24, 2008 3:52 pm

I went to FL on Vacation and had a misscarriage. I had to go the hospital. I'm coved under health insurance in MA because it's a state law but I'm not covered out of State. I sat in the Largo Medical Center for 3 hours before I was given a room. They did blood work when I first arrived. They detected HCG which is a hormone that is released when you are pregnant. The blood work showed that I was approx. 5 weeks pregnant.
They gave me a pap. Which I expected! Then they gave me an Ultra sound that showed no results. They gave me again another one, again no results. They insisted on giving me an internal Ultra sound, and once again no results. They weren't able to see the baby. Then they said the the reason was because I was only 5 weeks pregnant and the baby wasn't big enough. They sent me home with absolutely no results. They told me they predicting I was having a miscarriage. Which I already knew I went in there and told them "I think I'm having a miscarriage". They didn't have to give me a DNC or anything. Before I could leave the hospital they made me pay something or they wouldn't release me. I paid 60 bucks on my debit card.

Then I started recieving bills. I refuse to pay for radiology on 3 ultra sounds when they already knew they weren't going to get results. And I refuse to pay for readings of untrasounds and tests that I was never given the outcome of. How do I know that some doctor months later didn't grab my file, look at my tests and put his name on it? Give me a break.

They wrote me saying that is was going to be put on my credit report. So I figured that was that. Now West Asset Management is trying to collect on it. I figure they bought the debt. But I've written them a cease contact letter andd I'm disputing the debt. If it goes to court I can prove that my blood work said I was only 5 weeks pregnant and I can prove I paid 60 bucks. What do you think my chances would be of getting the radiology portion of the bill knocked off? If they even can legally sue me.


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