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If the debtor has misplaced the account statements and the accounts have been charged off. Eventually the person will receive a letter from a collections agency stating the name of the creditor and the amount of debt owed. The party involved will have thirty days to dispute the account or the debt will be presumed valid and collection action will proceed. The other option is to get a copy of the credit report. However, not all creditors report to all agencies, the person might want to request reports from all three bureaus.

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20y ago

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