Reply
Member
Posts: 8
Registered: ‎07-05-2007
0

collection agency validated debt with statements????

Does statements from a Sears account constitute validation? I sent a debt validation letter to agency and they replied back with copies of statements. Nothing with my signiture or anything on it. Now what???
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
0

Re: collection agency validated debt with statements????

The statutes leave it wide open as to what exactly constitutes adequate validation. The courts and the caselaw that gets established in each District and Circuit will vary.
 
If you know it ain't yours, or it's too old to report, then follow up with another letter. KISS principle.
 
"I requested validation of this debt, and you have not provided me with anything bearing my signature. You have perhaps shown some evidence of a debt, but I see nothing showing that this debt belongs to me. Either validate that this debt belongs to me or I will retain a lawyer and sue as you are now in violation of §809(b) FDCPA."
Frequent Contributor
Posts: 328
Registered: ‎05-18-2007
0

Re: collection agency validated debt with statements????

Noah,
 
I just got off the phone with an agency.  I know, big mistake as my blood pressure can now tell you as well. Smiley Mad  Because the original creditor was extremely nice and easy to deal with I made the mistake of thinking I could deal with the agency too.  It's a $65 bill that should have been paid by the insurance company and I'm even willing to pay it if they will delete the darn thing.   The debt is very old and the collection agency insisted they sent me information about it years ago.  I was going through a divorce at the time so heck they may have but I have no idea.  I sent a PFD letter when I saw it on my report and they instead sent a letter that they called a validation letter.   It is just as the case of the OP,
a statement.  It doesn't even have my social security number on it.  The OC couldn't give me any more information, in fact they don't even have it on their records any longer.   I know it can't hurt to send a DV asking for a signature (which I did over the phone) but is there anything else I should do as well?  Should I dispute it with EQ now, or wait until they say they have validated it again?
Regular Contributor
Posts: 244
Registered: ‎04-16-2007
0

Re: collection agency validated debt with statements????

How old is the debt?  You could dispute as obsolete to get it removed from your reports.
Frequent Contributor
Posts: 328
Registered: ‎05-18-2007
0

Re: collection agency validated debt with statements????

Unfortunately in my case it's old but not old enough.  It's from 5/27/02. Smiley Indifferent
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
0

Re: collection agency validated debt with statements????



princessofpink wrote:
It's a $65 bill that should have been paid by the insurance company and I'm even willing to pay it if they will delete the darn thing.   The debt is very old and the collection agency insisted they sent me information about it years ago.


Is the insurance company still in business? I would try contacting them. They should be able to find it, but they'll likely need date of service, name of the provider, name and DOB of the patient treated, name of the insured if different from the patient. You also probably won't get an answer over the phone, and they will have to research it and call you back. If it turns out either insurance did pay it, or the provider's claim was denied because of their contract with insurance, then you don't owe it. If insurance offers to contact the provider and set them straight, consent to their assistance. Insurance companies can be very persuasive.
 
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.