I have a few collections that are not paid that are outside of the SOL in my state. I can PIF but would like them deleted of course. Should I send a DV letter first or is it ok to send a PFD and then DV if not accepted?
Thanks in advance for any feedback!
It's really a personal call. If you want them gone quickly, or if you're already convinced of their validity, then PFD might be the best route to go. What CAs are you dealing with?
Unfortunately, they are valid debts. Since I created the debts, I want to do the responsible thing and pay them. Just want to mitigate the damage to my credit report. The collections are as followed:
A DV is not really connected to SOL.
A DV is intended to verify the existence of the debt, who it's with, how much it was for, and that the CA can collect on it.
CAs can try to collect on a legitimate debt into perpetuity. It's just that they can't sue after SOL, and that they can't report after CRTP. When CAs try to collect on debts past SOL and past CRTP, then if the person doesn't want to pay, they should send a cease & desist letter.
Sounds like you're outside of SOL, but inside CRTP. I would suggest DV just to make sure that the same CAs have the debt as you think. Then when/if they verify, fire off the PFDs. Like another poster said, if you know who has the debt with a fair degree of certainty, then you can skip the DV. The danger is paying the wrong CA. But I think that's pretty rare--to pay the wrong CA, and then have to count that money as a loss . . .