In my case they have only provided a couple of monthly bills that are in the original creditors name. The mediator office said that when we go to court they will not only have to prove I owe the debt but that I owe it to them.
I feel confident that these monthly bills are not real debt validation. If I can not get this thrown out on some type of delay since it has been over three years since they filed paperwork and they as the moving party has not pressed forward, I am going to need to show that they are not owed the debt.
I thought I would ask them questions as to their connectin with the original creditor, that will be another post.
I am not disputing the account with providian, I am disputing it with CACH, LLC, I never had an account with them. They are saying that I did. All the statements that they show are from Providian not them.
Clear debt validation needs to be more defined, companies think they can just send a copy of a bill and that should be sufficient, I don't think this is true, but can not find any real law in place in writing that states what true debt validation is.
Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.