topic Re: CA increase balance multiple times after DV in Rebuilding Your Credit

CA increase balance multiple times after DV

johnwantsahouse — Mon, 11 Jun 2012 12:46:50 GMT

If I sent a DV to a CA, are they allowed to increase the balance before validating the debt? They signed for the DV on 5/21 and increased the balance $2 on 5/30 and another $2 on 6/9 and I haven't received anything from them regarding my DV.

Aren't they required to stop trying to collect after DV? If that's the case, how are they able to raise the balance after a DV?

Re: CA increase balance multiple times after DV

rckstrscott — Mon, 11 Jun 2012 12:49:40 GMT

@johnwantsahouse wrote:
If I sent a DV to a CA, are they allowed to increase the balance before validating the debt? They signed for the DV on 5/21 and increased the balance $2 on 5/30 and another $2 on 6/9 and I haven't received anything from them regarding my DV.

Aren't they required to stop trying to collect after DV? If that's the case, how are they able to raise the balance after a DV?

Only if the DV was timely in response to a dunning notification, or if there was no dunning, is the cease bar in effect. If they sent you a dunning notification and you didn't respond previously, or this response wasn't considered timely, there is nothing to keep them from continuing to collect and not respond to your DV.

-scott

Re: CA increase balance multiple times after DV

johnwantsahouse — Mon, 11 Jun 2012 12:55:13 GMT

They've sent letters before, so I guess that means this wasn't timely. I just thought they had to stop collection efforts until they validated it if you sent a DV. Thanks for the response. The DOLA was for the cap one that caused it was 9/2006, so it's really old.

Re: CA increase balance multiple times after DV

rckstrscott — Mon, 11 Jun 2012 12:58:20 GMT

@johnwantsahouse wrote:
They've sent letters before, so I guess that means this wasn't timely. I just thought they had to stop collection efforts until they validated it if you sent a DV. Thanks for the response. The DOLA was for the cap one that caused it was 9/2006, so it's really old.

Oh I completely know where yer coming from, I thought that a DV was universal, but if they have already reached out and you ignored those attempts, your DV has no standing, and they probably know that which is why they are being a pain.

Looks like ya got a little over a year to ride out on that account...

-scott