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Verification of debt VS Validation of debt



kchahn

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Sub: Verification of debt VS Validation of debt
Thu, 25/11/2010 13:22

OK,
This now has me wondering.
What is the difference between Verification of a debt versus the Validation of a debt?

I sent a letter to NAFS, asking for Validation of the claim they were making. I got a reply back, stating that Verification was enclosed.

In my letter, I specifically stated:

Please provide me with the following:

1. What the money you say I owe is for
2. Explain and show me how you calculated what you say I owe
3. Provide me with copies of any papers that show I agreed to pay what you say I owe
4. Provide a verification or copy of any judgment if applicable
5. Identify the original creditor
6. Prove the Statute of Limitations has not expired on this account
7. Show me that you are licensed to collect in my state
8. Provide me with your license numbers and Registered Agent

Interesting as it is, they provided VERIFICATION of debt, but totally FAILED to address the above requirements! Aren't they required to provide me with said info when specifically asked?

Information appreciated.
Thanks.


Keith

I'm so broke, I can't even afford to pay attention!
~Anon


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Sub: #1 If the collection agency sent a letter to an old address where IThu, 11/25/2010 - 13:22



If the collection agency sent a letter to an old address where I do not live anymore and did not live at the time the letter was sent, do I still have the right to ask for validation? Are the required to send validation? I did not know of the debt until I saw it on my credit report. I contacted them at the time I noticed it on my credit report, would this be considered the initial contact?


Sub: #2 Quote:Originally Posted by AnonymousHas any progress been made oMon, 05/03/2010 - 16:41



Quote:
Originally Posted by Anonymous
Has any progress been made on actually identifying what constitutes "validity of debt"?
(Kansas). I am getting all this junk and would like to sound intelligible when responding as well as being able to defend my position should it end up in court. Any case law that specifically defines debt validity?
Thanks!!!


Hey Hope you find this piece of info useful--
Debt Validation, or "debt verification", refers to a consumer's right to challenge a debt and/or receive written verification of a debt from a debt collector. The right to dispute the debt and receive validation are part of the consumer's rights under the United States Federal Fair Debt Collection Practices Act (FDCPA) and are set out in Title 15 of the United States Code
Subchapter V of that act.

When can a consumer validate a debt?
A consumer can dispute a debt at any time, but only a written request sent within thirty days of the first written notice of the debt triggers validation rights under the FDCPA. The Act spells out specific language which must be included in the first written notice to the consumer, most notably that the consumer has 30 days to dispute the debt and request validation. However, failure by the consumer to dispute the debt during this thirty day period does not constitute a legal admission of the debt.

Any questions, lemme know!!!:D


Sub: #3 hi Joli if you look at the op you will see the requirements of aMon, 05/03/2010 - 16:31



hi Joli if you look at the op you will see the requirements of a debt validation or in your words validity of debts if all the above requirements are fulfilled then your debts are valid and you have to pay that off however if they are not you don't have to pay it off since that would not be a valid debt


Unregistered

Sub: #4 Has any progress been made on actually identifying what constituMon, 05/03/2010 - 12:23



Has any progress been made on actually identifying what constitutes "validity of debt"?
(Kansas). I am getting all this junk and would like to sound intelligible when responding as well as being able to defend my position should it end up in court. Any case law that specifically defines debt validity?
Thanks!!!


Law Student
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Sub: #5 Most collection agencies and/or debt buyers are falling way behiMon, 08/27/2007 - 00:39



Most collection agencies and/or debt buyers are falling way behind the savvy of the modern debtor. They "verify" that they simply have an alleged debt with your name, address and phone number attached. Follow cajun's advice and link for more.

He who has freed himself of the disease of "tomorrow" has a chance to attain what he came here for. --G. I. Gurdjieff (1872-1949)

The science is in knowing, the art is in perceiving - Robert Fripp (1946-)

Ever get the feeling you've been cheated? - Johnny Rotten (John Lydon) (1956-)


cajunbulldog
cajunbulldog

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Sub: #6 If the poster wants to read up on validation,go to this post.MysSat, 08/25/2007 - 04:36



If the poster wants to read up on validation,go to this post.Myself and Lawstudent had a discussion on this subject with case cites.

http://www.debtconsolidationcare.com/collection-agencies/ debt-validation.html

Cajunbulldog
Keeping an eye out for consumers.
http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809
http://www.ftc.gov/os/statutes/fcrajump.shtm
http://www.debtconsolidationcare.com.../about216.html
Use this letter to protect your rights under the FDCPA
myfairdebt.com & myfaircredit.com-Good source of case law in forums.


Law Student
Law Student
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Sub: #7 Yes, cajun is right. If it is a purchased debt, they probably dFri, 08/24/2007 - 16:13



Yes, cajun is right. If it is a purchased debt, they probably don't have anything to send you which would prove the validity. In a follow up, I'd tell them that when, or if, I decide to litigate against them, the truth will finally come out when I get some people under oath and start taking some depositions.

He who has freed himself of the disease of "tomorrow" has a chance to attain what he came here for. --G. I. Gurdjieff (1872-1949)

The science is in knowing, the art is in perceiving - Robert Fripp (1946-)

Ever get the feeling you've been cheated? - Johnny Rotten (John Lydon) (1956-)


Bossy4455
Bossy4455

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Sub: #8 Cajun is right, verification for me was, a piece of computer genFri, 08/24/2007 - 12:00



Cajun is right, verification for me was, a piece of computer generated paper typed up with what they wanted me to know. I sent them a copy of my first letter, and another letter saying it was not properly validated.Some do this because they are unable to fully validate!

Good Luck--Good to see you again!!..KAren :D

As long as you are alive, there's always hope


Unregistered

Sub: #9 Based on the info so far, looks like NAFS completely and totallyFri, 08/24/2007 - 11:40



Based on the info so far, looks like NAFS completely and totally FAILED, and knowingly/willingly FAILED to provide proper validation.

Gonna send a second notice, requiring proper validation.
And that I do not consider their reply to be acceptable.
I'm sure I'll find a way to pi$$ 'em off, if given the opportunity!
Thanks again.


cajunbulldog
cajunbulldog

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Sub: #10 Verification tends to be name address match with maybe gender anFri, 08/24/2007 - 11:17



Verification tends to be name address match with maybe gender and dob support.Validation is demanding proof that the debt is legally yours and that they are approved to collect on it.

Cajunbulldog
Keeping an eye out for consumers.
http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809
http://www.ftc.gov/os/statutes/fcrajump.shtm
http://www.debtconsolidationcare.com.../about216.html
Use this letter to protect your rights under the FDCPA
myfairdebt.com & myfaircredit.com-Good source of case law in forums.


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