Explanation of the 1 2 Punch

[Hal Jordan]

Go to the post office and get one of those little green cards. Complete it and return it with the letter you want to send (The post office people will help you if you need it) and just tell them you want to send it certified with return receipt requested. It will cost about $5.50 or so. When it's delivered and signed for they will mail you the green card back with the signers name and date written on it for your proof it was delivered. You can also go online and verify delivery with the cert number they give you. The green card proves who received your letter because they are required to sign it.

[csharp01]

I too am wondering about wether or not the 1-2 punch method works for accounts that have already been settled in the past? I settled with the CA's almost 3 years ago with no knowledge of repairing my credit, lesson learned... But has anyone had any success with settled accounts?

[airborne]

Originally Posted by Trish

I haven't seen this mentioned here so I thought I might bring it up.
If anyone has anything to add.........or has any questions about this, please don't hesitate to speak up.


The 1 2 punch is a strategy used when trying to force a timeframe on the CA and has worked very well for alot of people.

You have to do things in a specific order.

1. Send validation letter CMRRR.

2.Once you receive your RRR card (or if you track online - once you know it has been signed/delivered), immediately dispute with the CRAs.

This puts the CA in a time crunch. Once the CRA notifies the CA of the dispute, the CA then has 30 days to verify the debt with the CRA.

Here's the catch - they MUST validate the debt with you BEFORE they can verify with the CRAs or they are in violation. If they do not verify with the CRA within that 30 day window, the CRA will automatically delete the TL.

Also note that they must mark the acct as in dispute.

So, if the CA cannot validate with you before their 30 days is up, they shouldn't be able to verify it with the CRAs. Result - deletion.

If they do verify with the CRAs or do not mark the acct as in dispute - violation(s). You now have leverage and you can send them a letter demanding a deletion or you will seek damages.


*This does not work on OCs since they are not required to respond to you.

Please also be careful when disputing any accts still within SOL...........because if they do turn around and validate the debt and you cannot pay it, you could very possibly get sued.

Thanks for the write up. I am a newb at this so bear with me. At what point do you use a 1 2 strategy? After paying off the CA? Also, what does CMRRR and RRR mean?

[NoMoreExcuses]

Originally Posted by airborne

Thanks for the write up. I am a newb at this so bear with me. At what point do you use a 1 2 strategy? After paying off the CA? Also, what does CMRRR and RRR mean?

airborne (All The Way)!

CMRRR Certified Mail Return Receipt Required
RRR Return Receipt Required

Beth

[NewMan!]

Originally Posted by julieann

So I have 2 collection agencies that didnt verify the debt within the 30 day time frame with me but verified the debt with the CRA. What do I do from here? I sent a letter to the CA stating they were in violation and demanded they delete the debt from my report. After sending that letter to the CA in violation, I got a letter yesterday from one of them dated Feb 2. which is not accurate with verification of the debt. I have yet to see them come off my report.

Julieann,
Did you ever receive any information or an answer to this thread, because I'm experiencing this now with (2) CAs.

[Lian]

Is there any authority for the supposition that meeting their statutory obligation to investigate and respond back to a CRA regarding a consumer dispute constitutes a barred collection activity under FDCPA 809(b)?

It has been stated as if it were a fact.

Is anyone aware of any authority supporting this premise?

[improvescore65]

So I just got back the premature verifications from EX and TU. Is there an example of a letter that I should send to the JDB now? Should I ask for deletion in addition to threatening suit? Thanks.

[freestuff]

If the neg. info shows up on all three cra's do i have to dispute it with all three and send a cmrrr letter to all three? or if one deletes it the others will follow or once they don't confirm to one they won't bother with the others? I have about 4 i want to dispute and it would be a little expensive to have to do them all.