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07-02-2011 10:14 AM
07-02-2011 02:39 PM
07-02-2011 08:21 PM
I tried searching, may have missed it but didn't find anything, but does requesting DV restart any clocks (SOL or CRPT)? I want to say I've read here that it doesn't, but would like to make sure. Thanks
SOL maybe. It's always best to use terminology like "alleged debt" or "even thoguh I do not believe I owe this money, I am willing to ... ".
07-02-2011 08:25 PM - edited 07-02-2011 08:27 PM
07-02-2011 08:27 PM
DV letters relate to debt collection practices under the FDCPA. They are not reported to a CRA, and are not recorded in your credit file.
The periods used to calculate deletion dates from your CR are based only on the relevant date of a derog or delinquency reported to your credit file.
07-02-2011 08:32 PM
07-02-2011 08:35 PM
That would cover DoFD, but SOL is a different animal then?
Also, can a DV letter cause a TL to be noted as disputed even though one isn't disputing through the CRA? Is that up to each CA or is it the norm?
Yes, SOL is a totally different animal.
There have been cases of a DV resulting in a dispute annotation on the tradeline. Not sure it is the norm, though.
07-02-2011 08:46 PM
07-02-2011 09:23 PM