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There are ways to accomplish this without exposing yourself to the risks that are associated with formally requesting validation on a valid debt.

I explain them in detail at the end of this article.

Unless they come from the debt collection industry, they would have no way of knowing how debt collectors think and react to these letters.

Generally, the advice on sending a debt validation letter on a valid debt is premised on making sure that the collection entity who is attempting to collect from you is legitimate.

I also share my opinions, when it comes to interpreting this information, from both a debt settlement and debt collection perspective.If you are debating requesting validation on a credit card debt, make sure to note that the FTC report did state: “debt buyers were significantly less likely to report verification of disputed medical, telecommunications, and utility debt, as compared to verification of credit card debt.” The time for acquisition generally varies as well.Based on my experience, its range can be from anywhere from a few days to possibly as long as 6 months, and sometimes longer.One, if they feel that you are uncollectable, they may not find it personally beneficial to bother with validating the account.The characteristics that define the most “collectable” accounts to a junk debt buyer or collection agency are accounts where they have confirmed any of the following: your place of employment, open checking or savings account, home ownership, paid or settled charge-offs on credit reports, and high credit and collection scores.So if you’re thinking that if you dispute the account and they fail to validate it within 30 days, that, that will be the end of it, you’re mistaken.

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