Archive | February, 2013
2 Feb

litigation and damages for lenders bad acts

How to request creditor for debt verification

Debt validation works only with collection agencies and not the original creditor. The only way you can make your original creditor verify your debt is by telling him that you’ll sue his company for defamation if he cannot prove that you are actually late on payments or even that you are on the debt account. This is when you need to use debt verification letters. A sample debt verification letter (verification of debt letter) is given below.

Company Name
Company Address

Collector’s Name
Department
Collector’s Address

Date

Dear Sir/Madam,
Re: Account Number

This letter is to dispute the account referenced above. I have already disputed this information with the credit bureaus .

I have contacted you previously regarding this account, and you have not responded to me. If you cannot verify this information pursuant to the FCRA, and it continues to appear on…

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2 Feb

litigation and damages for lenders bad acts

Validation of debt: 7 debt validation steps to fight collection agency

Are collection agencies harassing you with repeated calls? Are you sure they’re legally entitled to collect the debt? Before you make a payment, try finding out if the agencies have the right to collect your debt. This is where debt validation can help you. Check out the topics given below if you want to know what debt validation is all about.

What is validation of debt?
Is there a time limit for validation of debt?
What details do you get with debt validation?
What are the steps in validation of debt?
Can you dispute the debt after the validation period?
Debt assigned to CA – how does it affect validation?
How do validation and debt verification differ?

What is validation of debt?

Debt validation is where you try to find out whether the collection agency (CA) has the legal…

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2 Feb

litigation and damages for lenders bad acts

The whole purpose of a trial is to resolve disputes about the facts of your case. If neither party can dispute the facts, then a motion for summary judgement can be filed. A summary judgement means the judge looks at the facts, applies the law, and makes a ruling — saving you both a lot of time, money, and anguish. If there is any dispute about the facts, then the judge will deny the motion. In other words, there is no reason to bring a case to trial unless there is evidence that should be heard by a jury.

Other motions include:

Motion to dismiss – The Defendant can request the case be thrown out because it doesn’t state any kind of claim that warrants an award; or, as we mentioned earlier, if the court lacks the subject matter jurisdiction or personal jurisdiction for the case, isn’t of the proper…

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