fixmycreditplease Posted January 16, 2006 Report Share Posted January 16, 2006 if the ca fails to respond to DV and does mark account as disputed after sending 3 letters and an its letter can I sue and if so based on what statutes Link to comment Share on other sites More sharing options...
LadynRed Posted January 16, 2006 Report Share Posted January 16, 2006 Sue for what ?? Failure to validate ?? The FDCPA does NOT say they EVER have to validate. What it does say is that if you dispute within the initial 30-day period they must mark the account as disputed and they must cease collections until they DO validate. If your DV letter was sent AFTER the 30-day dispute period, they do NOT have to cease collections. Link to comment Share on other sites More sharing options...
fixmycreditplease Posted January 16, 2006 Author Report Share Posted January 16, 2006 Sue for what ?? Failure to validate ?? The FDCPA does NOT say they EVER have to validate. What it does say is that if you dispute within the initial 30-day period they must mark the account as disputed and they must cease collections until they DO validate. If your DV letter was sent AFTER the 30-day dispute period, they do NOT have to cease collections.It is a paid collection so they are not pursuing the account any longer. If the letter was sent after the initial 30 day period, do they still have to mark it as disputed? Link to comment Share on other sites More sharing options...
admin Posted January 16, 2006 Report Share Posted January 16, 2006 Only if you disputed it with the credit bureaus. Link to comment Share on other sites More sharing options...
fixmycreditplease Posted January 16, 2006 Author Report Share Posted January 16, 2006 have disputed multi times with bureais. is each one a different violation Link to comment Share on other sites More sharing options...
cjtx Posted January 20, 2006 Report Share Posted January 20, 2006 Doesn't FACTA require that CAs respond to you and that they notify you (within 30 days) whenever they are reporting negative info to CRAs? or does it only apply to OCs?Ok... I just re-read FACTA and CAs are also considered financial institutions.What I couldn't find are the penalties for failiure to comply.Can someone point me in the right direction? Link to comment Share on other sites More sharing options...
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