Sunday, January 09, 2005
Does the FDCPA require a collection agency to acknowledge a dispute?
Paraphrasing a post by CREDITWRENCH "a collection agency must, within 5 days of receipt of a consumers request for validation, send the consumer a notice that the collection agency received the validation request. Otherwise the collection agency is in violation of the law".
There is no such requirement in the FDCPA. As indicated in the post below, the collection agency has no obligation to respond to a verification request, nor is there anything in the FDCPA that mentions they must acknowlege its receipt.
CREDITWRENCH stating that a collection agency must send the consumer a notice acknowledging receipt of a verification request is false and misleading.
There is no such requirement in the FDCPA. As indicated in the post below, the collection agency has no obligation to respond to a verification request, nor is there anything in the FDCPA that mentions they must acknowlege its receipt.
CREDITWRENCH stating that a collection agency must send the consumer a notice acknowledging receipt of a verification request is false and misleading.
