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Debt validation is a scam.  All those companies do is send a few validation demand letters and they charge people thousands of dollars for it.  This is something you could actually do yourself for free.  All you have to do is google "debt validation demand sample letter" and you can print it, download it, whatever.   These companies use extremely high pressure sales tactics to get people to enroll.  They will tell you to stop paying your creditors, let the accounts go to a collection agency, and they will send the agency a validation demand letter and the agency won't be able to validate it. They will tell you a debt that can't be validated is the same as a debt that you don't have to pay.   They will tell you not to feel bad about discontinuing making payments to your credit card issuers, because the card issuers have an insurance policy on your account that will pay them 100% of your balance if you stop paying, and they will sell the debt to a collection agency for pennies on the dollar.  This is an outright lie, and they know it.  There is no such thing as default insurance for a credit card, and if an account is charged-off for non-payment, it is placed with a collection agency who will take a percentage of whatever they are able to collect.   Many people have gotten sued because of debt validation letters, and none of these companies are going to provide you with an attorney to defend you.  If you are truly in a position where you can't make payments on your debts, my best advice is just let the chips fall where they may, and take your chances down the road.  If you get sued, you'll have to deal with it.   But at least you won't be paying a scam company a fortune to do nothing more than mail a few letters.  I hope everyone reading this will think long and hard before they enroll in debt validation. 


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I agree that "debt fixers" are scams...but...the debt validation process is important.  If you receive a collection notice from a collection agency, by all means respond with a debt validation letter.  Doesn't need to be fancy...and shouldn't be a copy of something you download off the internet.  As simple as "I request validation of this debt" with a copy of their letter sent CMRRR is sufficient.

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  • 1 year later...

Yes there are a lot of scam artists on the internet.  One being the Liberty Debt System/La Verite System/Brilliance in Commerce or whatever name they may have at the moment.  They tell you to stop paying your credit card then send letters to your credit card CEO requesting validation of the debt telling him you have discovered they have never “lent” you money.  This is a scam for the simple fact that no CEO would acquiesce to a letter by some Joe Blow talking tough via a USPS letter.  When the card defaults you are to continue sending the letters.  You just wind up getting sued over the debt and end up waisting massive amounts of time and killing your credit,

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  • 10 months later...

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