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Doc
Joined: 02 Dec 2008
Doc's page
Posts: 203
Location: McKinney, TX
954 Magic Points
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Mon Dec 15, 2008 12:16 pm
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If they are granted the right to add interest/fees to teh original amount, as a result of their agreement with the creditor from which they bought the debt, there is no limit to the timeframe... They can add it indefinitely... Best to ask them for a detailed accounting of the debt since it's inception, including any fees or interest...
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-Doc Compton, Omega Credit Repair
I provide info for free, & all I ask is that you visit my site... I don't wanna sell you anything, I just wanna increase my traffic, and push my site up in the search engine rankings...
http://www.omegacreditrepair.com |
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Tricia
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Subject: denial letter
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Sat May 09, 2009 1:54 am
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| I too have heard of this. I believe it was called a graduated letter of denial. Something like I deny this is my debt but if it is my debt i deny the amount but if the amount is correct I deny............. I believe the purpose was if you had filed a letter of denial they have to provide an actual person who is familiar with the accounting of your specific account to be questioned in court. keep in mind I knownothing of the law this was just what I had read. I actually have to go to court later this month. I have sent a certified letter asking for proof of the bill but never recieved a responce. Can they just provide that in court? Do I have the option do delay since I had not recieved the information earlier? Thanks in advance for any help |
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rachael
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Sat May 09, 2009 5:58 am
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Hi Tricia,
Is it almost 30 days that you have sent your debt validation letter? If yes, then you can send a demand letter, mentioning that you have not received a proper validation of your debt. Also enclose copies of you first debt-validation letter and the return receipt. Still if you do not receive any valid response in say about 2 weeks time, you can ask your creditor to remove the particular item from your credit report. Under the laws of Fair Credit Reporting Act if your creditor has not been able to validate your debts, you are no longer liable to pay him. Try this out, maybe you don't have to go to court at all. |
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Terri
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Subject: Yes there is
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Thu Jul 02, 2009 1:26 am
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| In Maryland there is a Denial Letter. Each state differs in the way they handle things. In TX, Calif. and most states there is an actual form for handling a general denial that HAS to be used. Check with the court and see if they have a specific form. I just spoke to a court today in MD that specifically said a denial letter as they don't have a form. |
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fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4500
8812 Magic Points
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Thu Jul 02, 2009 12:23 pm
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| You can also deny when the send you a summons too. You are correct when you write every state is very different. Some states, at least I know PA does, has a section on their states website concerning credit card debt, rules and such. You may want to check there first and get some answers. |
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crystal
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Subject: Importance of denial letter
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Fri Jan 22, 2010 1:04 am
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Denial letter could be from bank and credit Bureau companies.
when you signed a contract and put a deposit and cannot get a mortgage, then you need a denial letter from bank and credit score company stating your score do not quialify to get a loan in order to get back your deposit. Otherwise you will lose your deposit. |
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