Question on DV??

[Anonymous]

Hello Everyone

I have a question about DV...I understand you DV the CA (Am I right on that)?

If the OC is still reporting and sold the debt to the CA and I DV the CA and it comes back as not validated does the OC stop reporting as well. It is schd to fall off in 9/10.

I tried to see if the OC is still the owner but they are not.

Any info would be much appreciated.

[Anonymous]

Anyone?

[Anonymous]

If the CA OWNS the debt-

Yes- You only DC CA's.

The OC must report Zero as the balance- and usually stops "Updating" the record on your CRA.

The CA must be able to Validate that they own the account.

Make sure you know your SOL on this Debt- as CA's that buy debt (pennies on the dollar) are VERY prone to sue.

[llecs]

You only can DV the CA.

I'm guessing if you DV the CA and the CA removes you from their records, nothing is stopping them from sending it back to the OC or selling it to another CA. The OC isn't obligated to stop reporting if the DV to the CA is un-validated.

[Anonymous]

thank you so much for the information.

I love it here!!!