Sentences with phrase «validate a debt if»

While some debt collectors have this information in advance of an initial contact, many debt collectors only attempt to validate a debt if the consumer requests during the thirty day period.

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If the debt is validated, we can assist you in handling the settlment of that debt, and then get it removed from your credit report.

It's important to note that if you're looking to get a debt validated, the lender or collector has 30 days to provide you with the information from the date they receive your letter.

If the collection agency is able to validate your debt and it is a relatively small amount, it may be in your best interest to pay the balance off in full with the contingency that the debt information will be removed from your credit report.

A debt collection company can not continue reporting a debt on your credit report if they can not validate it after it gets disputed.

If they can't validate and prove they are abiding by the laws and verify the debt with all of the legally required materials — the end result is that you don't have to pay it.

What if my debt gets validated and proven to be a collectible debt?

Debt validation is a program that does precisely this, a debt will get disputed and if the bank can't validate it with all of the correct documentation — the debt must come off a person's credit repDebt validation is a program that does precisely this, a debt will get disputed and if the bank can't validate it with all of the correct documentation — the debt must come off a person's credit repdebt will get disputed and if the bank can't validate it with all of the correct documentation — the debt must come off a person's credit repdebt must come off a person's credit report.

Think about it: if you can't PROVE when a collection company received your validation letter how can you PROVE their 30 days to validate the debt has expired?

If your debt is validated, we can use debt settlement as a second plan of action to lower your balance and resolve the debt.

This requires a creditor to verify, validate and prove the validity of an alleged debt before they can continue collecting on this debt, if they can't prove it, yes you guessed it then you don't have to pay it.

If a debt is validated, Golden Financial Services has a back - up plan to then negotiate and reduce the debt.

Any law firm or third - party debt collection company must abide by these rules and provide the necessary documentation and accurate information to validate, verify and prove the validity of an alleged debt — and if they can not the debt may become legally uncollectible.

They ask if you have a job so that they can validate that you have income — possibly threaten to alert your boss of your debt — and try to garnish your wages.

The difference is that with debt, if the debt collection company can't validate a debt, you may not have to pay it and it could come off your credit report at that point.

If you have requested debt validation and the debt collector can not validate, dispute the debt and request the credit reporting agencies remove the unvalidated debt from your credit reports.

If the collection agency has been harassing you with phone calls or sending threatening letters, a debt validation request is a good technique to stop ALL correspondence from them until the authenticity of the debt has been validated.

Sending the letter certified mail return receipt requested will allow you to prove you sent the letter to the collection agency in the event you decide to sue the collection agency (for example, if debt collector attempts to collect the debt from you before validating the debt after you've requested validation, you may be entitled to sue them for $ 1,000 for each infraction)!

Third, if the debt collection agency fails to validate the debt with sufficient evidence, they may not attempt to collect any money from you.

If you think that your rights have been violated by a debt collector for your student loans, you should speak to a student loan lawyer that can validate your case.

If you mail a letter asking for proof, the collector must stop contacting you unless they send a letter validating the amount of debt your owe.

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If the debt can not be validated, the debt collector must cease additional collection activity.

Also, if a debt can not be validated, the debt can not be reported on your credit profile.

If the debt collection company can't validate the debt, the debt becomes legally uncollectible.

If you have written CMRRR to them asking them to validate the date and cease all collection activities after they sent you a mini-Miranda statement, then they can not report the alleged debt to the CRAs.

If your debt is validated, our next plan of action would be debt settlement, where your debt can be settled for less than the full balance owed.

you do not have to respond to this dispute but if you do, any attempt to collect this debt without validating it, violates the FDCPA;

By asking them to validate the debt, you can buy time to see if it is in fact real, and how you can best afford to pay it.