What is the name of your state? CA
Ladyinred offered this information to someone dealing with car repossession:
"Per the UCC (uniform commercial code), in order to be able to collect a deficiency from a repo, they MUST provide those documents. When the car was sold, for how much, what the amount owing is, plus list all the fees that go along with a repo and subsequent sale. If they don't provide this info, they have no legal right to collect the deficiency."
How does the UCC apply to other forms of debt validation? When I requested validation of a two year old debt this is what I got:
1) a client registration sheet from the original creditor, showing my name and signature, with general info, professional services due at the time rendered, etc. --basically showing that I was a client there. It does not state any services/costs.
2) a computer print out--with a recent date, not the date of the original bill--titled "Client Account Register" that has a total and my name on it. There is nothing with the total amount owed and my signature, or anything saying that "I ****** agree to pay this amount..."
I want to know because I need to buy some time to get together as much money as possible for payments before I move overseas and I also want to make sure that I am paying MY bill. I cannot find my original paperwork and I don't remember my outstanding balance, although I don't recall it being that high. That is closer to the original bill, and I have paid nearly $1000 within the first year of the debt. If there are interest rates, they should have itemized it and they didn't. If I am left to take the word of a collection agency, they need to prove it. They could have easily printed out a piece of paper with my name and any dollar amount on it.
What they sent me doesn't seem sufficient.
Ladyinred offered this information to someone dealing with car repossession:
"Per the UCC (uniform commercial code), in order to be able to collect a deficiency from a repo, they MUST provide those documents. When the car was sold, for how much, what the amount owing is, plus list all the fees that go along with a repo and subsequent sale. If they don't provide this info, they have no legal right to collect the deficiency."
How does the UCC apply to other forms of debt validation? When I requested validation of a two year old debt this is what I got:
1) a client registration sheet from the original creditor, showing my name and signature, with general info, professional services due at the time rendered, etc. --basically showing that I was a client there. It does not state any services/costs.
2) a computer print out--with a recent date, not the date of the original bill--titled "Client Account Register" that has a total and my name on it. There is nothing with the total amount owed and my signature, or anything saying that "I ****** agree to pay this amount..."
I want to know because I need to buy some time to get together as much money as possible for payments before I move overseas and I also want to make sure that I am paying MY bill. I cannot find my original paperwork and I don't remember my outstanding balance, although I don't recall it being that high. That is closer to the original bill, and I have paid nearly $1000 within the first year of the debt. If there are interest rates, they should have itemized it and they didn't. If I am left to take the word of a collection agency, they need to prove it. They could have easily printed out a piece of paper with my name and any dollar amount on it.
What they sent me doesn't seem sufficient.