See, if they're just sending you a printed statement depicting an amount that they say you owe, it's simply not done. They must show you the proof that they either own it or have been assigned by the original creditor (OC). It must also include a document (from the OC) which states the actual amount owed by you. If this debt is not verified within a period of 30 days, then the CA has no right to pursue collection efforts, nor does it have any right to list it on the CR. _________________ Keep in touch
Subject: DV letter
Thu Feb 24, 2011 2:52 pm
Thanks for responding...... The info they sent me was computer printed about one tiny paragraph stating acct #, date of when they say they LVNV aquited acct and amount owed. No original signed paperwork from OC etc. They sent the above to me in the 30 days of my request but it is not real DV right?
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.