Debt validation response letter

Submitted by Anonymous (not verified) on Sat, 12/04/2010 - 20:45

I received a letter today in response to a debt validation letter I sent to a collection agency dated 11/21/2010. The letter from the collection agency is dated 11/30/2010 and states:

"PRA LLC has concluded its investigation of your dispute and is closing your account."

I'm guessing that this means that they are unable to validate their claim and will no longer pursue this. Is there anything more that I need to do other than continue to monitor my credit reports?

Any help with this is appreciated.

Thanks in advance

You'll probably need to obtain copies of your CRs and compare them for any mistakes. I guess all collection efforts have to stop if they're not able to validate debt.

Tue, 02/15/2011 - 10:31 Permalink

Yeah I wouldn't just leave it at that - definitely confirm with them what they mean by "closing the account"

Sun, 02/20/2011 - 16:17 Permalink