What is the name of your state? Mass.
What is a 'validation of debt'? I've read so many answers in this forum on the subject, but no one actually explains exactly what the creditor (or attorney) needs to do to validate a debt.
Can an affidavit from keeper of records be considered a validation? I made a request of this company to prove the interest they claimed was valid. The one I got had information on it I already knew (my name (of course... duh!), the name of the person making the affidavit, the company for which the affidavit was being made on behalf of, the original amount of the debt and what the acquisition company proposed as interest due them). I didn't consider this a validation since it didn't answer the questions I proposed to them - when did they buy the account, how much was the account when they bought it and how did they arrive at the interest amount they claimed they were owed.
The original debtor closed the debt (wrote it off) in 1996. No one attempted to make much of a collection effort after that. This acquisition company supposedly purchased the closed account in 2000 - just one year after they became a corporation authorized to do business in Massachusetts. There's four years already.... acquisition company never contacted me by mail or phone to make any collection requests or to notify me they owned the account - NEVER! In 2002 (nearly 6 years later) an attorney claiming to represent the acquisition company writes to me with an amount that's double the original debt. That's a lot of interest percentage for two years! ($5600 to $11,000!)
What is a 'validation of debt'? I've read so many answers in this forum on the subject, but no one actually explains exactly what the creditor (or attorney) needs to do to validate a debt.
Can an affidavit from keeper of records be considered a validation? I made a request of this company to prove the interest they claimed was valid. The one I got had information on it I already knew (my name (of course... duh!), the name of the person making the affidavit, the company for which the affidavit was being made on behalf of, the original amount of the debt and what the acquisition company proposed as interest due them). I didn't consider this a validation since it didn't answer the questions I proposed to them - when did they buy the account, how much was the account when they bought it and how did they arrive at the interest amount they claimed they were owed.
The original debtor closed the debt (wrote it off) in 1996. No one attempted to make much of a collection effort after that. This acquisition company supposedly purchased the closed account in 2000 - just one year after they became a corporation authorized to do business in Massachusetts. There's four years already.... acquisition company never contacted me by mail or phone to make any collection requests or to notify me they owned the account - NEVER! In 2002 (nearly 6 years later) an attorney claiming to represent the acquisition company writes to me with an amount that's double the original debt. That's a lot of interest percentage for two years! ($5600 to $11,000!)