BTO429 Posted March 14, 2008 Report Share Posted March 14, 2008 I have been gone on active duty for a while. I just recently retired. After pulling my credit I find several CA's on it. I have never had a cance to valdate any of these debts. can I still validate even after two years. The CA's are still reporting and updating my CR. Link to comment Share on other sites More sharing options...
NASCAR_Devil Posted March 15, 2008 Report Share Posted March 15, 2008 I have been gone on active duty for a while. I just recently retired. After pulling my credit I find several CA's on it. I have never had a cance to valdate any of these debts. can I still validate even after two years. The CA's are still reporting and updating my CR.You can DV at any time but unless IN has state statutes that say otherwise, they do not have to discontinue collection activity which would include reporting and updating. Link to comment Share on other sites More sharing options...
Debt Guy Posted March 16, 2008 Report Share Posted March 16, 2008 You can DV at any time but unless IN has state statutes that say otherwise, they do not have to discontinue collection activity which would include reporting and updating.Further, the FDCPA does not establish a minimum deadline for the CA to respond to your DV -- they can literally take forever. So, it is probable that you will never receive a response.The CA is required to mark the tradeline "disputed" on the credit report.When Congress wrote the FDCPA, the intent of the DV section was to deal with issues of mistaken identity (sort of like we think of identity theft today). It was never intended as a way to force a CA to "Prove" the debt. Is the purpose of the DV to seek information or to delay payment? If the former, you can discover a lot by calling and asking. If the latter, sending the DV may wake a sleeping dog, in which case you may wish to reconsider. Link to comment Share on other sites More sharing options...
Recommended Posts