Aren monthly credit card statements I receive proof of a valid debt?
No. A paper trail is created when the original creditor and/or debt collector are informed that uncertified statements of an account are not lawful evidence that a legitimate debt exists. This not only disputes the account and legitimacy of its alleged charges, but also serves to establish, identify and develop claims demonstrating the creditor and/or debt collector is not in compliance with the Fair Credit Reporting Act, the Fair Credit Billing Act, the Fair Debt Collection Practices Act, The Truth In Lending Act and other State and Federal protection laws. These claims are separate and apart from any claims that a collector may try to assert against you.
