Debt validation???

[onlybrad]

I got this from Lexington Law website. I thought you could only debt validate a collection company and not the creditor? From what they are saying you can DV both?

Debt validation

For certain charged-off and collections accounts, this intervention affirms your rights under the Fair Debt Collection Practices Act (FDCPA) by demanding either a complete accounting of the alleged obligation's statutory compliance, or the removal of the reporting of these accounts.

[SecretAgentWoman]

You can request an investigation from the OC, it's not as powerful as a DV to a CA, but you do have that right.

[onlybrad]

Does it hold any weight in court?

[justincase]

15 U.S.C. 1681m[g] Their duty under FACTA once imposed upon furnishers/ debt collectors to supply the consumer-victim with a copy of the account information, including the application, account records, charge receipts, etc.

[Drew]

15 U.S.C. 1681m[g] Their duty under FACTA once imposed upon furnishers/ debt collectors to supply the consumer-victim with a copy of the account information, including the application, account records, charge receipts, etc.

Interesting, I'm not sure I've ever used or even read that article.

[nascar]

Interesting, I'm not sure I've ever used or even read that article.

Doesn't matter, that's not what 1861m(g) says anyway.

[justincase]

My bad if I'm wrong.