It means they want 10 percent of the outstanding balance they claim you owe. For example, if the balance is $800, they want only $80.
A debt collector validation letter is used to request proof from a debt collector that the debt they are trying to collect is valid and accurate. This helps ensure that consumers are not being unfairly pursued for debts they do not owe.
yes, asking for monthly dues for a community park.
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A debt collection validation letter is used to request proof from a debt collector that the debt they are trying to collect is accurate and valid. This letter can help verify the accuracy of the debt by ensuring that the collector provides documentation such as the original creditor's name, the amount owed, and verification of the debt ownership.
Many times they do that. You need to get them removed. Send a letter to the bureaus.
Apparently nothing. I acquired some bonds at an auction in 1963 and sent the coupons to the First National City Bank in NYC for redemption and received a letter back, with a check for $1.07) saying the funds to pay the balance of the bonds was exhausted, etc. I would like to know if they have any value as a collector item. Has anyone found out if these bonds are worth anything to a collector? I, also, have some Republic of Poland twenty six percent us dollar gold bonds issued in 1920.
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A debt collector validation letter is used to request proof from a debt collector that the debt they are trying to collect is valid and accurate. This helps ensure that consumers are not being unfairly pursued for debts they do not owe.
The collector will write you a letter.
Absolutely not. If you have that letter, send the collection agency a copy of it along with a written demand that they cease all contact with you or risk being reported to the Federal Trade Commission and the American Collector's Association. Know your rights; check out the Fair Collections Practices Act.
"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. 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. Here's how to do that: Make a copy of your letter. 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. Sending such a letter to a debt collector you owe money to does not get rid of the debt, but it should stop the contact. The creditor or the debt collector still can sue you to collect the debt. "
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a 99 percent is an A
percent.
95.6 percent is an A.