Who Verifies a Verification???
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Posted by Lifter
(63.206.143.98) on September 04, 2003 at 16:18:09:
I've read that according to federal laws that a debt that can not be validated can not be sold to another agency and collection actions must stop. Now... Let's say that I send of a letter of denial or a request for validation and the reply from the collection company does not provide proof of reciept of funds or underlying obligation. THEN WHAT? Who regulates the validation of debts? Who do we call if we get a bogus (camco) validation? Who do we notify that the debt is erroneous and can not be sold??? Seems to me that the river just stops flowing at that point.
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