There are multiple violations that both the creditors, collection agents and credit bureaus violate and can be squeezed for $1,000 PER VIOLATION.
See the following excerpt from the Debt Validation Request Letter:
V. NOTICE AND DEMAND FOR PAYMENT
If no validation of alleged debt occurs, you have harmed and injured the above named entity to the value of the debt invalidated at a 20% interest rate. This stands as official notice and demand for payment of any invalidated debt including at least a $1,000 fine due to FDCPA violation(s). A notice of lien will be recorded against all assets to recoup the amount due.
The Notice of Default and Final Statement states the following: