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Need help!
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Posted by Lorna (198.204.133.208) on September 24, 2002 at 12:15:50:
Can someone please let me know the type of response I should send, if any, to the following collection letter.
Since it is not threatening a law suit I don't know if Whychat's SOL letter is appropriate at this time.
This visa account was charged off in 1990, which is also referenced on the collection letter.
I live in Maryland. "The above account has not been paid and has now been placed with this company (Risk Management Alternatives, Inc.)
for collection procedures. Please remit the full balance $1,381.44. Federal law gives you thirty (30) days after you
receive this letter to dispute the validity of the debt or any part of it. If you don't
dispute it within that period, we will assume that it is valid. If you do dispute it -- by notifying
us in writing to that effect -- we will, as required by law, obtain and mail to you proof of the debt.
And, if within that same period, you request in writing the name and address of the original creditor to whom the debt was owed,
we will provide you with that information." "The law does not require us to wait until the end of the 30-day period before taking action
to collect this debt. If, however you request proof of the debt or the name of the original creditor within the 30-day
period that begins with your receipt of this letter, the law requires us to suspend our efforts to collect the debt
until we mail the requested information to you."
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