Does validating debt work
Now, while sending a debt validation letter will not restart the statute of limitations in any way, it does call attention to you. I care about getting rid of this debt so please come and harass the you-know-what out of me!
Most people who send these letters do so because its just another rung on the clean credit ladder, not because they are legitimately confused as to whether or not they owe the debt. " That's not to say that you shouldn't immediately request validation of any collections you don't recognize on your credit report, but if the SOL on the debt has yet to run out and you've been "laying low", calling attention to yourself probably isn't a good idea, so validate at your own risk.
This includes collection agencies, lawyers who collect debts on a regular basis, and companies that buy delinquent debts and then try to collect them.
Here are some questions and answers about your rights under the Act.
This notice also must include the name of the creditor to whom you owe the money, and how to proceed if you don’t think you owe the money.If you decide after contacting the debt collector that you don’t want the collector to contact you again, tell the collector – in writing – to stop contacting you. Send the original by certified mail, and pay for a “return receipt” so you’ll be able to document what the collector received.Once the collector receives your letter, they may not contact you again, with two exceptions: a collector can contact you to tell you there will be no further contact or to let you know that they or the creditor intend to take a specific action, like filing a lawsuit.No matter how they communicate with you, it’s against the law for a debt collector to pretend to be someone else — like an attorney or government agency — or to harass, threaten or deceive you.
If a collector contacts you about a debt, you may want to talk to them at least once to see if you can resolve the matter – even if you don’t think you owe the debt, can’t repay it immediately, or think that the collector is contacting you by mistake.The simple answer to this questions is a resounding NO.