CA Disputed

[kristyleigh107]

Okay so in April I reviewed my credit reports and disputed a lot of items on their. Some were removed and others were verified or updated. This one in particular was placed in collections May 2009. I disputed it. They verified it May 2010 and updated the balance to show interest that they are now adding to the balance. On my report it still shows "Account Information Disputed by Consumer." I don't understand why this still shows if it was verified. So after I did this they started trying to call me and sent me a letter wanting to settle. I have not spoken to any one on the phone or answered any mail. The SOL has run on this so they can't sue me. I have read some of these posts and see that I should send a validation letter? I think...Is this correct? What steps should I take to get this removed and have them stop contacting me?

[debtexecutioner]

If it's beyond the statute of limitations, then go ahead and dispute the collection letter and tell them so. The debt has probably been sold so many times it'll make your head spin!

Did you know you can challenge the Credit Reporting Agency's ability to actually make the report under the Fair Credit Reporting Act? Don't give up just because they said they validated the account - demand proof of the validation and the CA's authority to make those entries on your credit report.

You can Google the Fair Credit Reporting Act. Cornell Law School has a really good reference library online.

Gotta friend been in the business for over 20 years - registered CRO. That's what they do for our clients.

Sara Goodman
DebtExecutioner:cool:

[chane]

You can also negotiate a pay for delete if you really want it removed and you don't mind paying it.

How To "Pay For Delete"

[kristyleigh107]

thanks for the info. I really don't want to pay it. I just want it gone. It was lying dormant before I disputed it and since I disputed it and it came alive again I was not able to get a loan to buy a house since now your credit has to be free for 12 months of any negative reporting.

"If it's beyond the statute of limitations, then go ahead and dispute the collection letter and tell them so. The debt has probably been sold so many times it'll make your head spin!" This is done with the CA? I know this debt has been sold way too many times for me to count so they probably don't even have the info they need.

thanks again and any other info would be great.

[kristyleigh107]

Originally Posted by debtexecutioner

If it's beyond the statute of limitations, then go ahead and dispute the collection letter and tell them so. The debt has probably been sold so many times it'll make your head spin!

Did you know you can challenge the Credit Reporting Agency's ability to actually make the report under the Fair Credit Reporting Act? Don't give up just because they said they validated the account - demand proof of the validation and the CA's authority to make those entries on your credit report.

You can Google the Fair Credit Reporting Act. Cornell Law School has a really good reference library online.

Gotta friend been in the business for over 20 years - registered CRO. That's what they do for our clients.

Sara Goodman
DebtExecutioner:cool:

I have disputed with the CA now. I'm still in the 30 days for them to respond. However, they still try to call me even though I told them not to. I made sure they received the letter and then sent a validation letter to the CRA's for this debt. One has verified that it is mine and i haven't heard from the other two. How can i challenge the CRA? What next? Please help!! Thanks

[kristyleigh107]

okay so yesterday i go home and checked the mail. i had a letter from the CA requesting information from me. It states:

The purpose of our investigation it to request your assistance so that we may reach a quick resolution to your dispute.

As part of our investigation of your dispute, it would be helpful to have a copy of any documentation you may have that supports your dispute. In the interim, we have requested that the three major consumer credit reporting agencies change the status of this account to "Disputed."

Examples of documentation include the following:

1. Paid in Full or Account Settled: a)copy of front and back of payment instrument with copy of settlement offer or statement showing balance, or b) copy of paid in full or settled in full letter
2. Fraud: a) copy of police report, b) federal trade commission fraud affidavit c)notarized fraud affidavit
3. balance discrepancy: a)copy of contract that states rates for time frame of disputed services b) copy of bill that shows amount owed or rates, or c)more detailed explanation of disputed charges
4. death of consumer owing debt

****This is hilarious however, I have no idea what to do now....Send them another letter or what?

[chane]

You don't have to send them any kind of proof, nor should you. They have to prove to you that it's yours. If they can't do that they need to remove it from your credit report immediately of they are in violation.

[kristyleigh107]

so what do i do now? do i send a letter to the credit reporting agency to remove because they have provided proof that the debt belongs to me? is there a sample letter for this?

[chane]

Well, that's one option. There are many things you can do. You can sue them, you can pay it, you can negotiate settlement, you can keep disputing it. There is no specific process. Read up here at the forum and then plan out your attack.

[kristyleigh107]

Okay so I got a letter regarding my dispute it states:

"The purpose of this letter is to advise you that you did not provide sufficient information to investigate your dispute of the credit reporting of your above-referenced account pursuant to the Fair Credit Reporting Act.

In order to investigate your dispute, we need detailed information to identify the basis of your dispute, including a complete explanation of your dispute. Further, we need a copy of any documentation you may have to support your dispute. In the interim, we have requested that the three major credit bureaus change the status of this account to "disputed."

Examples of documentation are:
Paid in full or account settled
Fraud or Identity Theft
Balance discrepancy"


The following is from the FTC:

"submitting a notice of dispute: a consumer who seeks to dispute the accuracy of information shall provide a dispute notice directly to such person at the address specified by the person for such notices that :

1 identifies the specific information that is being disputed
2 explains the basis for the dispute and
3 includes all supporting documentation required by the furnisher to substantiate the basis of the dispute"

I take this as unless you do these specific things that they can say "you did not provide sufficient information" and they get away with not having to show that the debt belongs to you. I know I don't have any documents regarding this debt as it is over 3 years old. I told them in my letter that they needed to validate that this debt is mine. All I got back was a letter requesting more information, a letter trying to make a deal with me showing what I owe, and then this letter. Of course they did not respond within the thirty days that the law states. I don't want to pay this thing as now it is triple the original amount, I don't want to sue them, so what are my options here? I was going to send a letter to the credit bureaus stating they didn't respond within thirty days and therefore it must be removed from my file but I don't think this will really happen. Any suggestions or advice would be great and if anyone else has been through this I would love to hear your story and the outcome. Thanks