Sentences with phrase «validity of the debt»

Make outbound calls to card holder and merchants to verify charges Make outbound calls to collect on past due balances Review Bank card charges for possible fraud activity Take calls from cardholders concerning lost / stolen cards and begin dispute process Request proper documentation from clients to prove validity of debts and file suit in appropriate court.
The bond owners (at least the short - sighted ones) don't care about that ratio, only that their interest and / or maturity has been paid; and thus the rating / validity of the debt is sound.
There's a supreme court ruling: Perry Vs United States Which confirms that «validity of debt shall not be questioned» means that the United States CAN NOT VOID IT»S DEBTS
With debt validation you are not paying your debt back, you are disputing the validity of the debt.
When a debt collector contacts an individual or business who has outstanding debt for the purpose of collection, they have to disclose the amount owed, the creditor the debt is owed to, transparency that if the consumer or business does not dispute the validity of the debt in the days it is considered valid, and that the consumer or small business may request proof that the debt is verifiable.
The written notice should contain the amount of debt, name of original creditor and a notice that you have 30 days to dispute the validity of the debt and request verification.
Under the Fair Debt Collection Practices Act (FDCPA), a consumer has the right to challenge the validity of a debt.
Debt settlement should only be used after the creditor proves the validity of a debt.
This letter is to notify you that the validity of this debt is disputed.
There may be issues with the validity of the debt itself.
If, and only if the debt collection company can prove the validity of the debt, Golden Financial Services can settle the debt for a fraction of the balance owed.
First, you should make sure to check the validity of the debt.
However, the failure of a consumer to dispute the validity of a debt may not be construed by any court as an admission of liability by the consumer.
If the consumer does not dispute the validity of the debt during the thirty day period, the debt collector may assume that the debt is valid for collection purposes.
However, before you sign - up for a debt settlement program, use debt validation to first challenge the validity of each debt — because you may not have to pay a debt.
The key is to dispute a debt as soon as you possibly can, because once the dispute arrives at the debt collection company's doorstep — now all collection activity must stop until they verify the validity of the debt.
Often a demand will be based on a judgment for the debt and when this is the case the court will not ordinarily go behind it and inquire into the validity of the debt.
Another aspect as to validity is the tax treatment, if the interest had been deducted and earned, 1098 / 99s issued with payments made that certainly points toward the intent and validity of the debt.
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