myslyn Posted June 19, 2008 Report Share Posted June 19, 2008 Hi. Well, I've just had a small victory with a case with this law firm (Bowman, Heintz, Boscia and Vician) here in IN but now I am working on a much bigger DV with them. I followed the debt validation process back in March, waited 30 days and they did not write back, so I DV'd them again in May. It was around the end of the month and I am still waiting. I am concerned because I just had a case dismissed by them but the amount that they were after is peanuts in comparison to the collection acct. I DV'd on. Should I be concerned that they are going to hit me with a suit? They are representing Asset Acceptance and we all know how greedy they are! I took my name off of our bank acct since I don't work and haven't for years now. The only other thing is that my name is on our house, even though the loan is in my husband's name only. They might be snooping around for a lien or something. Link to comment Share on other sites More sharing options...
thomassl Posted June 19, 2008 Report Share Posted June 19, 2008 Remember that the CA's do not have to respond to your DV. The only thing they can't do is verify it with the CRA's before verifying it with you first. Check your most recent credit report. Link to comment Share on other sites More sharing options...
lovebug5 Posted June 19, 2008 Report Share Posted June 19, 2008 You always run the risk if you're DV'ing on an account that is still within SOL. Not sure if yours is, but the risk may be there. Keep that one in mind. Link to comment Share on other sites More sharing options...
myslyn Posted June 19, 2008 Author Report Share Posted June 19, 2008 Remember that the CA's do not have to respond to your DV. The only thing they can't do is verify it with the CRA's before verifying it with you first. Check your most recent credit report. But I don't understand. They had just taken over the account and within the document it said that I had 30 days to dispute the debt. That's what I did and they are not adhering the law with responding to the information contained within the DV. I will check my report but they just can't ignore me. How can they after me for a debt that they don't have any documentation on and not expect me to challenge them? No way! I'm still waiting... Link to comment Share on other sites More sharing options...
myslyn Posted June 19, 2008 Author Report Share Posted June 19, 2008 You always run the risk if you're DV'ing on an account that is still within SOL. Not sure if yours is, but the risk may be there. Keep that one in mind. Yeah I know but to ignore it would not have done anything either. They still need to get back in touch with me since they just took over the account. Thanks for your help. Link to comment Share on other sites More sharing options...
chrismg Posted June 19, 2008 Report Share Posted June 19, 2008 Yeah I know but to ignore it would not have done anything either. They still need to get back in touch with me since they just took over the account. Thanks for your help.They actually don't. While you have 30 days to dispute the validity of the debt...they don't have to respond to the validation. They just have to cease all collection activities until they validate the debt. Link to comment Share on other sites More sharing options...
DBE022576 Posted June 19, 2008 Report Share Posted June 19, 2008 I know that filing a lawsuit or reporting the debt to the bureaus would be considered continued collection activity, but, does selling of your debt to another CA (under the same umbrella or not) count as continued collection activity? Link to comment Share on other sites More sharing options...
chrismg Posted June 19, 2008 Report Share Posted June 19, 2008 No unfortunately, the DV is only good for asset. The OC could hire a different agency and that agency could start the process over. Link to comment Share on other sites More sharing options...
Lulu123 Posted June 20, 2008 Report Share Posted June 20, 2008 I am by no maens an expert but from my experience it took about 2 months for 2 CA's that I dv'd to send Validation. They could just be waiting to get information from the OC. They do not have a time limit to respond. Link to comment Share on other sites More sharing options...
razr Posted June 21, 2008 Report Share Posted June 21, 2008 I know that filing a lawsuit or reporting the debt to the bureaus would be considered continued collection activity... The can sue you any time, with or without validation.-r Link to comment Share on other sites More sharing options...
myslyn Posted June 21, 2008 Author Report Share Posted June 21, 2008 I am by no maens an expert but from my experience it took about 2 months for 2 CA's that I dv'd to send Validation. They could just be waiting to get information from the OC. They do not have a time limit to respond.Thank you for that information; that was what I was looking for. I know my rights now and I do appreciate all of the responses on this question. Link to comment Share on other sites More sharing options...
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