I strongly endore drose977's response. Currently, debt collection agencies can sell debt without proper validation. Or they can sell the debt if a consumer disputes the debt and the agency can't product the proper validation. These things should not be allowed and are very detrimental to the consumer. Consumers should be protected above collectors and other agencies as they, typically, have far less resources to fight inaccurate information. Additionally, the inaccurate information adversely effects consumers more than any other group in these situations.
Collectors should not be allowed to report a debt as 30 days late if the debt isn't 30 days late. The law should include stiff enforcable penalities to deter collectors from pre-dating debt. These rules should apply for any debt reported late at any time, not just the first 30 days.
I am concerned that state and federal agencies are contributing to identity theft, big time. In just the past month I had to make an online payment on what I believe was a federal hobbs act violation by the Los Angeles building and Safety department. A day after making the payment or risk losing my home, that same credit card was being used online by thieves. Then a few weeks later another agency asked for bank documents, I supplied them via fax, and they were lost! And on top of that, there really didn't seem to be a big deal made out of the fact that the documents went missing.
Sertas
1
I strongly endore drose977's response. Currently, debt collection agencies can sell debt without proper validation. Or they can sell the debt if a consumer disputes the debt and the agency can't product the proper validation. These things should not be allowed and are very detrimental to the consumer. Consumers should be protected above collectors and other agencies as they, typically, have far less resources to fight inaccurate information. Additionally, the inaccurate information adversely effects consumers more than any other group in these situations. Collectors should not be allowed to report a debt as 30 days late if the debt isn't 30 days late. The law should include stiff enforcable penalities to deter collectors from pre-dating debt. These rules should apply for any debt reported late at any time, not just the first 30 days.
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Debt Neutrality Petition
2
I am concerned that state and federal agencies are contributing to identity theft, big time. In just the past month I had to make an online payment on what I believe was a federal hobbs act violation by the Los Angeles building and Safety department. A day after making the payment or risk losing my home, that same credit card was being used online by thieves. Then a few weeks later another agency asked for bank documents, I supplied them via fax, and they were lost! And on top of that, there really didn't seem to be a big deal made out of the fact that the documents went missing.
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Aaron Racicot
3
I agree. I've heard of this happening and it's unjust.
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