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Debt validation Texas vs other states

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J91605
Frequent Contributor

Debt validation Texas vs other states

Today I was thinking about debt validation and started look into the laws in Alaska. I found a law governing collection companys. In that law it stated that a collection company could not operate or try to collect debt in the state of Alaska unless they were bonded. That being the part in tx validation that companys normally can't live up to, does it amount to the same thing? If I ask for verification that they can operate in Alaska?
Or is there something special about the tx law?
Starting Score: 6/30/15 EQ 554 TU 534 EX 608
Current Score: EQ 630 TU 635 EX 653
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RobertEG
Legendary Contributor

Re: Debt validation Texas vs other states

The federal DV process under FDCPA 809(b) is for when "the consumer notifies the debt collector, in writing within the thiry day period described n subsection (a), that the debt, or any portion there, is disputed".

 

The FDCPA is not a process for disputing credit reporting.

 

However, one may be able to file a dispute with the CRA if the debt collector has reported to the CRA.

I suppose that a consumer could dispute under FCRA 611(a) on the basis of lack of collection authority, and thus lack of a reportable collection.

 

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J91605
Frequent Contributor

Re: Debt validation Texas vs other states

Hmm! Doesn't help me. Not really. I was just wondering.
Starting Score: 6/30/15 EQ 554 TU 534 EX 608
Current Score: EQ 630 TU 635 EX 653
Goal Score: 680 across the board

Take the myFICO Fitness Challenge!
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J91605
Frequent Contributor

Re: Debt validation Texas vs other states

Where do you look to see if a company has a surety bond?

Starting Score: 6/30/15 EQ 554 TU 534 EX 608
Current Score: EQ 630 TU 635 EX 653
Goal Score: 680 across the board

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Re: Debt validation Texas vs other states

On the secretary of state website for the state of Alaska.

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J91605
Frequent Contributor

Re: Debt validation Texas vs other states

Thank you!

Starting Score: 6/30/15 EQ 554 TU 534 EX 608
Current Score: EQ 630 TU 635 EX 653
Goal Score: 680 across the board

Take the myFICO Fitness Challenge!
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