Sobe420 Posted July 27, 2007 Report Share Posted July 27, 2007 When my accounts went into collection a couple of years ago. I did not know about DV or where to go so most letters went into the trash or somewhere. Now I am trying to repair my credit. In a recent post, someone told me it may be too late to DV since I did not reply when I first got the letters, is this true? This is the confusing part of the whole credit repair for me. Do I DV someone from 3 years ago CA that I never DV when they first sent me the letter? Also, how do I tell or figure out who will more than likely sue me? I know they all can, but who is more willing to go that route? If anyone can explain this DV better I would greaty appreciate it. Especially that whole thing about if its a CA that I have not heard from in over 2 or 3 years. Link to comment Share on other sites More sharing options...
willingtocope Posted July 27, 2007 Report Share Posted July 27, 2007 What you do now is work from your credit reports. For OC's that are reporting, there isn't much you can do. DV doesn't apply to them...but, they are required to report accurately. If you see anything incorrect from an OC, dispute it with the CRAs.For CA's, send them a DV letter that says something like "...hey, I just found you on my credit reports...I never had an account with you people...prove to me that I owe you money, or get off my CRs...". It might work, it might not.As to who will sue...really hard to predict. It depends much much more on their particular economic standing then on you. Link to comment Share on other sites More sharing options...
divemedic Posted July 27, 2007 Report Share Posted July 27, 2007 There is nothing preventing you from sending a DV to them, you just need to remember a few things:The CA may not respond. Outside of the 30 days, a CA is not REQUIRED to cease collecting until they provide validation. They may respond anyway. If they do, they still must not use unfair or abusive tactics, nor can they misrepresent the debt. Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted July 27, 2007 Report Share Posted July 27, 2007 About being sued, IMO, i would not challenge any OC's or CA's that are within the SOL. Anything that is time-barred buys you an affirmative defense againsts a lawsuit. Read all the stickies and prepare yourself before you just start taking shots in the dark. and WELCOME! Link to comment Share on other sites More sharing options...
Recommended Posts