10-12-2012 09:37 PM
10-12-2012 09:39 PM
No, failure to respond to a DV even timely does not require deletion from information already on your CR.
10-12-2012 09:42 PM
10-12-2012 09:58 PM
What you are referring to, some call the 1-2 punch. These only get lucky if the CA doesn't validate the debt to the CRA. It in no way compels them to delete. First off, unless the DV is timely, or you live in the state of Texas, they don't have to respond to anything. If the DV is timely, then they are barred from further collection attempts until they validate. That does not affect what is already on your CR. If say a year down the road, they decide to validate, then they do that and resume collection.
10-12-2012 10:09 PM
10-12-2012 10:26 PM
So basically, I can DV the CA but if they dont respond to me but they do validate with the CRA I have no leverage to use that against them with the CRA?
Am I understanding this correctly?
Debt validation is a FDCPA thing... debt reporting is a FCRA thing.
They are different processes, different rules, different everything.
10-12-2012 10:46 PM
That makes sense.. my legs already hurt from jumping through hoop after hoop and I have just started this week. =)
Yeah; I know the feeling... legs still hurt from years of it