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dreamy_87
Guest

Subject: debt validation

Sun Jan 03, 2010 8:01 pm

Hi;

This is my question: What happened when you Request validation of the debt to a debt collector because you receive a letter from them and then you receive a letter from the original creditor saying that an investigation was completed in response to your inquiry regarding your credit card account and that they determined that the account balance is accurate and you need to make a payment inmediately and at the end of the letter says that the account is owned by the credit card bank.

Thanks a lot for all the help you can provide. i am really trying to help my husband with his credit situation.

Mandy

debranewell2008

Joined: 10 Oct 2009
debranewell2008's page
Posts: 594

99 Magic Points

Mon Jan 04, 2010 4:17 am

They did not send you proper validation they need to send you a copy of the original contract signed by your husband.

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1889

1356 Magic Points

Subject: credit

Mon Jan 04, 2010 11:04 am

Is this in JUST your husband name, or, both of you AND you husband? Maybe that's something I missed, when I read the post. DEBRA is right,..if this debt is your husband's, they need to send a Validation in HIS name.

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4285

127 Magic Points

Mon Jan 04, 2010 10:31 pm

Hello and welcome. It would appear your credit card company actually hired a collection company on their behalf to collect the debt. I am not positive if the original creditor has got to provide the contract as validation. I do know that any collector that has bought a debt has to. If the do have to provide validation then I would day they have to show you the original signed contract.

goodnatured

Joined: 03 Nov 2007
goodnatured's page
Posts: 3927

10 Magic Points

Wed Jan 06, 2010 7:08 pm

Some companies have collection agencies as part of their company it self, they will subcontract all their collection accounts out to them, it is done through a contract, they actually operate very smoothly for the original creditor. As soon as you get behind the collection activity begins.

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4285

127 Magic Points

Thu Jan 07, 2010 2:56 am

Good answer good natured. I forgot to mention that point. I kn ow that is how a lot of medical facilites do their business. Some will even turn you over to their collection dept if you do not fully pay a bill by a 30 day time period. I was always told as long as you were making 10 dollar payments they could not but some of the ones around here do.

goodnatured

Joined: 03 Nov 2007
goodnatured's page
Posts: 3927

10 Magic Points

Thu Jan 07, 2010 4:18 am

There you go, pay something so that you are not turned over to collections.

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1889

1356 Magic Points

Subject: credit

Thu Jan 07, 2010 11:12 am

OH..yea!! I had an outstanding medical Bill that i was paying $15.00 on. I actually had a CA call, about this bill, and tell me that paying $15.00 per month wasn't "good enough for them." WHAT!!?? First of all, I called the Billing department, at the Hospital and they said my account was never turned over to a CA, because I was making payments on it every month. How in the world did this CA get my info, on this certain account?!

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