GoUtes Posted November 20, 2012 Report Share Posted November 20, 2012 I sent this DV to Riexinger & Associates after recieving a phone call call from them. They are representing BUREAUS INVESTMENT GROUP for a HSBC Credit Card. They were being pretty nasty on the phone and couldn't give me any info other than HSBC,acct#, amount I needed to pay. After I sent the DV to them, I get a one page letter back that is from The Bureaus Inc. TBIThe Bureaus, Inc1717 Central StreetEvanston, IL 6020 I11/14/2012RE: Request for validationOur client: BUREAUS INVESTMENT GROUP PORTFOLIO NO 15 LLCOriginal creditor: HSBC CARD SERVICES, INC.Original account#XXXXXXXXXXXXXXXXOur file #:XXXXXXXDear XXXXXXXX,We received your request for validation of the debt referenced above. Based on the records of our client,we are able to provide you with the following information:Open Date: 03/01/2008Date of first delinquency: 10/23/2010Last payment prior to acquisition: 12/30/2010Interest Rate: 10.00%Charge-off balance: $ 1,782.12Charge-off date: 05/31/2011Last payment to assignee (if any):Current balance due: $2,041.89We hope this answers your questions regarding this debt, however if you still require additional information, please feel free to contact us.Regards,This is a communication from a debt collector and this is an attempt to collect a debt. Any information obtained may be used for that purpose.******************************************************Is this sufficient or should there be some sort of documentation?What should be my next step? Link to comment Share on other sites More sharing options...
WhoCares1000 Posted November 20, 2012 Report Share Posted November 20, 2012 This is sufficient for the FDCPA which is a very low standard to meet for DV (in other words, does not mean they will win a court case with it).Your next options are to either talk to the collector, ignore the calls, or send a C&D letter.1) If you talk to the collector, make sure to have a recorder handy and inform them that you are recording the calls. Even in single caller informed states, I would say this anyways. If they balk, inform them that this is your policy when dealing with organizations such as the one they are employed with and that their permission is not required, only them being informed and that may not even be required. You are doing that because if they are really nasty, odds are you will be able to get a FDCPA violation out of them and can go from there.2) This would be just taking note of the number or letting the calls go to voice mail. After a while, they will either sue you or sell the debt.3) You can send a C&D and that will stop any contact other than once to inform you of what they intend to do with the account. Again, they will either sue you or sell the debt down the line. Link to comment Share on other sites More sharing options...
Coltfan1972 Posted November 20, 2012 Report Share Posted November 20, 2012 That is about 100 times more than most get for debt validation. It more than meets the very low standard for debt validation. Link to comment Share on other sites More sharing options...
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