Credit_is_life wrote:
Question, only one CA can own the same account at one time right? This CA report is years old, but i read a DV has to be within 30 days? I know they don't own it any more (unless more then one CA own a single account at the same time). If i DV anyway will they pretty much have to remove it?
The law on DV is rather narrow and stupid on the limits it imposes on the consumer. You have 30 days from initial contact, so it turns on what constitutes initial contact. The initial contact must, by definition under §809(a) be written, so if you've never gotten anything in writing how can the CA be said to have initially contacted you?
Now, the CA will claim, "Your honor, we have a system in place for mailing out notices, thus ..." But, if it goes to court, the standard of proof is preponderance of evidence, not beyond a reasonable doubt.
If the judge is 51% swayed by your account of things versus the CA/OC account of things, then you win the preponderance contest. As such, some CAs tend to treat all DV requests as though they are timely.
Two CAs cannot both claim the same debt and cannot both report on your CRs. DVing both of them will often shake loose who really has claim to the debt for collection. But, if you know who owns it, then DVing the other will often shake them loose and make them do that which they are required to do, FOAD.
