What I don't understand is why should I validate with the creditors. I would think that they have the original contract that I signed.

Well it depends. As a debt gets older, the liklihood of collecting it decreases. Some debts get sold 3 and 4 times to different companies. Records get lost, sometimes. Also, debt collectors are famous for trying to get people to pay debts they do not legally owe. Either it's truly not their debt, or it's a debt that is past the statute of limitations, and you have no LEGAL (not moral) obligation to pay. Validation is especially important is you get a lawsuit filed against you.

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Originally Posted by alana1970

What I don't understand is why should I validate with the creditors. I would think that they have the original contract that I signed.

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What if I am already going to court with them for this debt do I still have to validate. They are the creditors and it has never been sent to a collection agency so I would think they have the original contract.