The collection agency is not required to actually validate the debt and provide information to the consumer. Example, I disputed a debt as valid. The return validation consisted of a one line sentence: "The consumer owes the debt." This is not to me or to any reasonable person validation. The collection agency should be required to at least furnish enough information to allow the consumer to recognize or dispute the debt. That information ideally would be a copy of the original application and a copy of the final billing statement.
Failure to properly validate the debt as described by furnishing final billing statement and original application would invoke the consumer's rights to have all further collection activity immediately barred and the ability of the consumer to have the debt IMMEDIATELY removed from their credit report. All too often it takes years to have false or misleading information removed from a consumer's credit report.
A credit reporting agency should be required to immediately comply with information regarding disputed debt and completely remove any reference to the debt. As an example, I am attempting to have a time barred paid lien removed from my Credit Report. 2 of the 3 bureaus immediately removed, 1 refuses to remove. I have sent documentation from the court, the original creditor, from the office of probate judge all to no avail. Without a remedy, I am left with a false item on my credit report.
coterotie
1
The collection agency is not required to actually validate the debt and provide information to the consumer. Example, I disputed a debt as valid. The return validation consisted of a one line sentence: "The consumer owes the debt." This is not to me or to any reasonable person validation. The collection agency should be required to at least furnish enough information to allow the consumer to recognize or dispute the debt. That information ideally would be a copy of the original application and a copy of the final billing statement.
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coterotie
2
Failure to properly validate the debt as described by furnishing final billing statement and original application would invoke the consumer's rights to have all further collection activity immediately barred and the ability of the consumer to have the debt IMMEDIATELY removed from their credit report. All too often it takes years to have false or misleading information removed from a consumer's credit report.
View this comment in the discussion thread
coterotie
3
A credit reporting agency should be required to immediately comply with information regarding disputed debt and completely remove any reference to the debt. As an example, I am attempting to have a time barred paid lien removed from my Credit Report. 2 of the 3 bureaus immediately removed, 1 refuses to remove. I have sent documentation from the court, the original creditor, from the office of probate judge all to no avail. Without a remedy, I am left with a false item on my credit report.
View this comment in the discussion thread