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PROVEN Validation of Debt Letters for Collections (Warning: Be Careful) - YouTube
Channel: Ask Kristin
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Hey, what's up today we're
talking about how to remove a
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third party collections. From
your credit report, I'm talking
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about medical utility apartment
car insurance. If there's a
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third party collection, and you
don't know how to remove it,
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then this is the validation of
debt method. Now, I actually
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posted this video a long time
ago, a couple of years ago,
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obviously, I've been doing this
since 2017, on YouTube alone,
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and it actually took off, but it
got a lot of people's panties in
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bunches, because they didn't
understand that there's very
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specific things with the
validation of debt that you
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shouldn't be doing. And I'm
going to give you that but make
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sure that you stay to the end of
this video, because I'm actually
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going to give you the key to
removing them with the
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collectors. And with the
Bureau's. As you can see the
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letter three is the key in
letter three is the key. So
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watch the end, and you're going
to know exactly what to do. And
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you can also check out the
description for the link to get
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this series. Alright, so let's
get right to this. First thing
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that you need to know is that
removing third party collections
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is probably the easiest type of
account that you could possibly
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remove in dispute, right? I
mean, if you're looking at third
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party versus debt buyer versus
you know, charge off, obviously,
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third party is going to be the
easiest, okay? And out of third
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party medical is going to be
easier than apartments easier
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than car insurance and easier
than utilities. Okay, so if you
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have medical, and this is
definitely the process that you
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want to use to remove. But what
you don't want to use this on is
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going to be debt buyer
collections, especially those
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within the statute limitations,
because just as I explained in
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this video, you're putting
yourself in legal jeopardy by
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saying, hey, here I am, sue me,
I'm making money, I'm trying to,
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you know, change my life, and
you don't want to do that.
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Alright. So what you want to do
is sending out this four letter
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series, most of my clients never
actually get to letter four,
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because we implement this
process as well as our
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complaints. But some people do
when they're doing it
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themselves, or they just
incorrectly jump to letter four.
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Okay, so letter one is the
validation of debt, it's very
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straightforward, I don't have to
explain that letter to those
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two, a four, if they respond in
letter to B, if they do not
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respond. Now, if they do
respond, they're going to give
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you some sort of BS statement or
something, hey, here's your
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proof, obviously, it's not going
to be real proof. And so you're
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just going to move on after that
to letter three. If they do not
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respond, you're also going to go
to letter three, where this is
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the key. Now, make sure you
watch to the end of the video,
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because I'm going to explain the
difference between the key over
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here and the key over here. And
timing. It's super, super,
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super, super imperative.
Alright, so they're required to
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enter the notice of dispute,
they are not going to enter it
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nine times out of 10, they're
not going to, that is why this
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works letter for you're probably
not going to have to utilize it.
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It's where you actually go to
the court, you're going to file
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against them, send a copy of it
with your letter. Now, here's
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the deal. You're also disputing
with the Bureau's but there's a
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huge difference, you're not
sending out a template, you're
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not sending in a validation of
debt request, what you're doing
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is on letter one, you're
actually going to say, Hey, this
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is unknown, you're unable to
verify your need to remove it, I
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have no idea what this is,
you're actually placing the
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burden of proof on them as per
Cushman versus TransUnion, from
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1997, where Congress stated that
the Bureau's actually have to do
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some sort of actual
investigation instead of just
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going based on the data
furnisher seeing it verify.
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Okay, so letter two is where you
say, hey, they
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either did respond, but didn't
give me actual proof. So where's
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the proof that they gave you or
they didn't respond at all? So
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it's basically it's toppled by
silence? Right? They're agreeing
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with you by not responding,
because if they did have proof,
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they would have responded. Very
simple, straightforward and
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common sense, right? So here's
our three, again, the key the
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notice of dispute, but there's
something very, very important
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bit of a caveat here, you're
actually going to dispute with
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the collector first, and on the
30th day when they do not enter
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that notice of dispute. Now you
have proof, report one and
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report two, you're actually
going to now send out letter one
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to the Bureau's. The reason
behind this is very, very, very
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important. If you dispute with
the Bureau's at the same time or
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the Bureau's first they are like
80 times more likely to answer
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that notice. So you don't want
to give them more leverage, they
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already have all the leverage
that they possibly could need.
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So do not give them any more. So
on the 30th day, send out letter
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one and then obviously letter
two is going to be on the 16th
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day so on and so forth, right.
So what the Bureau's it is FCRA
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623, where it states that
they're required to enter the
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notice of dispute versus the
FDCPA with the collector, okay,
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but the key to removing these is
exactly the same. Now with the
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Bureau's on are starting with
letter four. That is where we're
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using factual based disputes. If
this method did not work, and if
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you know anything about my
channel, you know that I'm the
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queen of factual disputes. You
would not be here watching this
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video either. Alright, so I have
800 other videos that explain
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and break down exactly how to
use factual based disputes to
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remove things such as
collections, charge offs, repos.
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And all of that. Just remember,
don't use this on debt buyer
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collectors like portfolio,
Midland, second round, so on and
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so forth. Alright. So if you
have questions about this, post
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it down in the comments, smash
the like, share this with
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someone who, someone else who
needs it. And if you want me to
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take over your file and do this
for you, then head over to my
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seven forty.com schedule a call
with me, and I'll see if I can
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help. Now the very last thing
that I want to say before I go
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is that I'm actually coming out
with the Georgia experiment
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project, and it's gonna be
dropping sometime this week.
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What that is, is basically where
I explained why credit repair is
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illegal in Georgia and your
options if you live in Georgia,
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and you either didn't know that
it was illegal, or you've been
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trying to fix your credit and it
just has not been working,
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right. So I do have a
notification list that you can
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actually join down in the
description. And if this is just
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something where you're
interested in seeing it, well
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then make sure that you are
subscribed and get notifications
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to my channel so that you'll
know exactly when it drops.
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Alright, so anywho that is it
for today. This was how to
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remove collections third party
collections specifically from
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your credit report using the
validation of debt process. And
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again, this was video one.
Alright, so that is it for
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today. Have a great one and I
will see you tomorrow.
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