Debit Validation...was it done properly? (Long post)
OK...need you experts guidance on this! First, some background.
Had an electric utility account via Con Ed. Unknowingly, my bill was calculated each month via an "estimated reading". At the end of the year, they did an actual reading, and charged me another $500 on top of already being behind a few hundred. Then, I lost my job, however Con Ed had worked out a payment agreement with me.
My apartment building was sold, and I was forced to move. So I never paid Con Ed off.
Eventually, it was turned over to NCO Financial Systems. I never responded to them I received maybe two letters. Last letter was in 2007.
Fast forward to recent times, have been getting phone calls from portfolio recovery associates, LLC. I sent a DV request, and received a letter that states:
Original Creditor's name and address
Account Holder's name and CURRENT address (no where does it mention my old address, where I received the service)
Last 4 digits of my SS
Date of loan (is this considered a loan??)
Date Portfolio purchased this account (1/2008)
Current Outstanding balance
Second page is a Privacy notice, which lists their NYS (my state) License Number.
Third page is an "Affidavit or Ownership" which is a statement by Portfolio's Administrative Manager which state they are an authorized employee of Portfolio, that according to the records provided to them by Con Ed, there was due and payable from me the amount of $1046.32. Also, that the Account Seller's(Con Ed) interest in the account has been transferred to the Account Assignee (Portfolio), and that the Account Seller has retained no further interest in said account or the proceeds thereof.......etc. etc.
OK...sounds like actual DV, right? If I wanted to, could I send a second request to Portfolio, this time demanding statements and payments? Is there any SOL in this case that I need to be aware of?