Who Should Be Sued For Invalid Debt Verification & Validation

Who Should Be Sued For Invalid Debt Verification & Validation

If one has received a letter, call the phone number listed and inquire regarding the basic information needed: 1) amount of the debt, 2) name of the current debt owner and 3) information to contact the original creditor. If this information is not provided during the phone call, then legally within (5) days they are required to provide a written email or letter regarding the debt.

When the debt has been sold, sue the agency or law firm that has reached out regarding the debt. When the original creditor still holds the debt, sue the original creditor. If it is unknown whether the debt has been sold, the validation letter sent to the original creditor will get the correct party involved.

If no letter has arrived, call the original creditor who issued the line of credit to inquire regarding the basic information needed: 1) amount of the debt and 2) name of the current debt owner.

    • Related Articles

    • Judge Said Original Note Is Not Necessary | Verification of Debt

      This is a blatant misrepresentation to keep one from exposing the truth. The Judge is in most cases using the words VALIDATION and VERIFICATION interchangeably, but they are very different in their meanings. The Chaudhry v. Gallerizzo case upheld a ...

    • Verification of Debt Requires Exact Accounting

      This is not required for verification. Verification of a debt involves nothing more than the debt collector confirming in writing that the amount being demanded is what the creditor is claiming is owed; the debt collector is not required to keep ...

    • Filing A Lawsuit For Free

      Every county has a form to file a lawsuit for free, allowing the fees to be waived. It is named something like Waiver of Fees Form or Indigent Form or other similar names. If one operates a trust, then that person will have no personal assets and ...

    • Sue Client That Signed Agreement And Hired Another Company For Foreclosure Secrets

      Yes, the client who has signed a contract-for-services can be sued if they use another company. Consult an attorney to determine the best course of action and settlement.

    • Can One Send A Debt Validation Letter At Any Time

      According to the FDCPA, a letter requesting validation must be sent within 30 days of a debt collector's initial communication. An initial communication is usually the first debt collection letter which contains the 30-day notice found in § 1692g(a) ...